What's Next for Chainlink? Detailed LINK Elliott Wave Price Analysis and Price Prediction
1 extracted signal · 1 resolved · 0 still active
More Crypto Online01 Oct 2025, 18:57 UTC
AI-generated source summary
The analysis identifies a break above a resistance area for LINKUSD, but expresses caution about interpreting the upward move as a complete five-wave structure. It considers the possibility of a 1-2 setup and introduces a micro support area between $21.19 and $21.97 to monitor for potential wave 4 retracement, holding $21.19 is bullish, breaking the $21.19 invalidate the wave 2. A pullback holding $21.19 confirms the bullish trend, targeting a move towards the trendline resistance around $23-$24, and a further breakout targeting $27-$28. The longer term target is $47 and the analyst highlight the seasonality of crypto and mentioned that if wave count is correct it could target $47.
AI-generated summary based on the source content.
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