- The analyst chart shows that $13.50 sits above a support level that could push LINK toward $18 fast.
- Price data over time shows buyers often increase when Chainlink stays above a key Fibonacci zone.
- If Chainlink breaks above $14.50 it may continue its move toward $18 as volume and interest both grow.
Chainlink ($LINK) is showing bullish potential as long as it holds above the critical $12.50 support level, according to market analyst Ali. A recent post shared on X (formerly Twitter) on July 9, 2025, suggests that if $LINK maintains this level, it could rally as high as $18 amid increasing buying pressure.
Source:
X
Currently trading at $13.50, Chainlink’s price sits comfortably above the $12.50 threshold. This level has emerged as a strong support line, reinforcing bullish sentiment among investors. Ali’s analysis, visualized through a detailed chart from TradingView, suggests a breakout could push prices significantly higher.
The visual representation aligns with key Fibonacci retracement levels and an ascending channel, indicating that $LINK may be preparing for a significant upward move. The chart shows historical support and resistance, illustrating that a breakout from this zone has historically triggered strong upward momentum.
Technical Indicators Signal Uptrend Potential
The 3-day chart of the Chainlink/USDT perpetual contract shows price action respecting a well-defined ascending channel. Price levels are bouncing between major Fibonacci retracement zones. The $13.50 mark is situated just above the 0.618 Fibonacci retracement level, often viewed as a key bullish indicator.
Historically, prices hovering near this retracement level tend to consolidate before breaking upward. The Fibonacci zones shown on the chart range from 0.236 at $7.78 to 1.618 at $44.99. The $18 target coincides with a mid-channel zone, making it a reasonable technical objective.
The price behavior since early 2024 supports this trend. The asset has experienced sharp increases when holding above key retracement lines. This cyclical pattern of accumulation and breakout is evident, reinforcing the analyst’s projection.
Momentum indicators like candle wicks and support touches further suggest increasing buyer interest. The latest candle closed with a solid gain of +2.10%, indicating strong market activity. With volume building, technical setups are aligning in favor of bulls.
Could a Breakout Above $13.50 Spark the Next Altcoin Rally?
If $LINK pushes beyond $14.50 resistance , it could target the $18 level — a zone near the upper Fibonacci range. This scenario mirrors past moves from November 2023, when a similar pattern led to a rally topping $20.13.
Social media buzz also contributes to the bullish outlook. The post by Ali has received 441 views, 27 likes, and 5 replies within hours. This surge in engagement may reflect growing retail interest, which often precedes stronger price movements.
Chainlink’s current position in a rising channel spanning from $7.78 to $44.99 suggests significant upside remains. Technical traders will be watching closely for any breakout confirmations above local highs.
As always, sustained volume and positive macro signals will be required to maintain upward momentum. Should the price fall below $12.50, however, the bullish scenario could be invalidated. For now, the market appears cautiously optimistic.
