Chainlink (LINK) Breakout Incoming? Key Support Zones Signal a Massive Price Surge

In a video titled “Chainlink Price Update – Fibonacci Price Targets for 2025 LINK,” the YouTube channel 5DayCrypto, shared a big-picture update on Chainlink price.

Chainlink (LINK) has been trading in a key support zone that could be pivotal for the token's near-term trends. The token is currently holding above the $12.50 level, which has been tested in past corrections and signals a strong lower boundary for the ongoing recovery.

However, a more important level to watch is $20, as it has been a major support and resistance area for LINK in recent years. If the token manages to break above $20 and sustain it, especially on a weekly or monthly candle, it could signal the start of a much bigger move.

“Once $20 breaks, the sky’s the limit,” the host said.

Chainlink (LINK) price chart (three-month candles) Credit: 5DayCrypto

As the host explained, LINK tends to dip sharply—usually around 60 to 65%—and then recover with large gains. The last time this happened, LINK surged from lows of under $5 to highs of over $20, hitting another key Fibonacci level.

If this pattern repeats again, LINK could be heading back up to around $40. This would be nearly a 200% gain from where the price is now.

The host also noted that we’re still in an uptrend. Chainlink continues to make higher highs and higher lows, which is a good sign for the token. There’s no reason to panic as long as that pattern holds. The next levels to watch are $16.30, then $20, and eventually $40 if momentum picks up.

Even though the market feels slow right now, that’s not necessarily a bad thing. As the host pointed out, this is one of the calmest weeks for crypto in a long time. But these quiet periods often come right before a big move.

For long-term holders, the message is simple: be patient. Chainlink is still looking healthy on the bigger timeframes, and key support is holding. If the LINK token breaks through the $20 level with strength, it could be the start of a powerful rally.

Chainlink is in a strong position, and the charts suggest that a breakout might not be far away.

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