Chainlink (LINK) price is consolidating near a critical breakout zone, drawing attention from analysts amid positive market sentiment.
Analysts suggest that LINK's short-term trajectory depends on breaking the $14.10 resistance level, with potential upside targets at $15.60 and $17.14.
Long-term projections estimate LINK could reach between $17.31 by 2025 and $140.07 by 2031, supported by ecosystem growth and utility expansion on various blockchain platforms.
On-chain analysis indicates key support zones around $12.87 to $13.26 and potential resistance at $14.88 to $15.32, with a critical pivot point at $15.30 for LINK's next phase.