Chainlink Eyes $40 Amid Rising Bull Patterns on LINK Price Chart
The price of the native Chainlink cryptocurrency (LINK) has consolidated around the $24 mark in the past week, failing to stay above $25. The $25 mark has served as resistance for LINK this month, and the altcoin is hoping recent developments could push it towards a rally past $25. A breach of that price could send LINK surging to $30 and even $40. The US Federal Reserve this week decided to cut interest rates by 25 bps for the first time since December 2025. The move gave the stock and crypto markets a slight boost. However, LINK hasn’t seen as big a gain, battling the $25 resistance mark. Fortunately, several crypto analysts and experts have noted that LINK is set to break the resistance level thanks to recent patterns on its price chart. Analyst Rose Premium Signals noted that the current price action fits the structure of a bull flag. The next move depends on whether LINK can push above the top of the channel. If it does, price levels of $35 and $40 are being considered as ups...