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BTCC / BTCC Square / Global Cryptocurrency /
Chainlink (LINK) Primed for Major DeFi Rally as Key Support Holds Strong

Chainlink (LINK) Primed for Major DeFi Rally as Key Support Holds Strong

Author:
Global Cryptocurrency
Published:
2025-11-12 14:39:22
19
3
Chainlink LINK News -

Chainlink (LINK) is displaying bullish signals as it consolidates above the crucial $15-$16 support zone, a historically significant level that has served as both resistance and support. Analysts woods.ai and James point to LINK's dominant position in the decentralized finance (DeFi) sector, emphasizing its role as the premier oracle network and cross-chain infrastructure provider.

The monthly chart indicates LINK is gathering momentum following years of accumulation, with a sustained break above $16 potentially sparking a major uptrend. Traders project a potential surge toward $30-$72 in the coming years, while long-term investors are targeting the $100 milestone as DeFi regains market traction.

"LINK is poised for its breakout moment," observed woods.ai, highlighting the asset's established leadership in the oracle space. The token's multi-year base formation echoes the quiet consolidation periods seen across DeFi assets before previous major bull cycles.

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