What's Next for Chainlink? Detailed LINK Elliott Wave Price Analysis and Price Prediction

AI-generated source summary

The analysis focuses on LINKUSD, currently priced at $22.236, analyzed on the weekly chart. Support starts at $19.37 and ranges down to $13.27. The analyst observes disappointment as the price exceeded $23 without a pullback to the support area. A breakthrough above the yellow trendline could potentially lead to price targets of $47.66, $68, $85. A shorter-term chart indicates the market is "bleeding," highlighting a trendline to watch. A break above this short term downtrend line from about $23 could potentially lead to $27. However, if a corrective wave is in progress, breaking above $23.98 would not be ideal. A 88.7 fibonacci level is added around $21.88 because the price has not respected the 78.6 level. The trend for September is bearish. The focus is on lower prices in the short-term until the next five-wave move upwards.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   06 Sept 2025, 15:44 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

   The public source was preserved as the evidence record for this case.

3. Market predictions extracted

   18 May 2026, 20:47 UTC

   1 eligible signal linked to this case.

4. Outcome tracking started

   27 Jul 2026, 18:49 UTC

   Tahlil Plus began monitoring the extracted predictions.

5. First prediction resolved

   27 Jul 2026, 18:49 UTC

   The first evaluable outcome in this case reached a terminal result.

6. Case evaluation completed

   27 Jul 2026, 18:49 UTC

   All evaluable predictions in this case reached terminal outcomes.