{"id":5753,"date":"2025-05-07T14:50:54","date_gmt":"2025-05-07T13:50:54","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=5753"},"modified":"2025-05-07T14:50:56","modified_gmt":"2025-05-07T13:50:56","slug":"will-chainlink-link-price-hit-19-this-week","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/will-chainlink-link-price-hit-19-this-week\/","title":{"rendered":"Is Chainlink (LINK) Price Set to Reach $19 Again This Week ?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"a-growing-demand-from-whales\">A Growing Demand from Whales<\/h2>\n\n\n\n<p>On-chain data analysis reveals an <strong>increased demand for Chainlink<\/strong> among <strong>whale investors<\/strong>. While the LINK price has experienced a short-term decline, technical indicators and open interest in futures contracts suggest a <strong>return to bullish momentum<\/strong> in the coming weeks. Investors should keep a close watch for a breakthrough above the <strong>$14 level<\/strong>, which would pave the way for a test of <strong>$19<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LINK<\/a> Heatmap 3 Month<br><br>\ud83d\udcc8 <a href=\"https:\/\/t.co\/yLSFvHBj3I\">pic.twitter.com\/yLSFvHBj3I<\/a><\/p>&mdash; Crypto_Saiyajin (@blntkrbl) <a href=\"https:\/\/twitter.com\/blntkrbl\/status\/1898123679579754630?ref_src=twsrc%5Etfw\">March 7, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Indeed, the Chainlink ecosystem has continued to expand in recent months, with increasing adoption by institutional investors. On-chain data shows that the volume of significant transactions on the network surged by over <strong>$348 billion<\/strong> in the past month. This sustained whale activity bodes well for a medium-term price rise of LINK.<\/p>\n\n\n\n<p>Furthermore, the open interest in LINK futures contracts has gradually rebounded, reaching nearly <strong>$583 million<\/strong> at the time of writing. This increase in market derivative liquidity signals the return of strong bullish sentiment among investors. Many short stop losses are positioned between <strong>$19 and $23<\/strong>, indicating a potential &#8220;short hunt&#8221; in the days ahead.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"technical-outlook-an-impending-breakout\">Technical Outlook : An Impending Breakout ?<\/h2>\n\n\n\n<p>Technically, the LINK price is currently forming a bullish continuation pattern on the 4-hour chart, characterized by a <strong>descending channel<\/strong>. Although the bullish breakout of this pattern is not yet confirmed, increasing buying pressure suggests an imminent breakthrough.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/05\/TP_LINK_USDT.P-BINANCE_charlesld_07-05-2025-1-1024x576-1.jpg\" alt=\"LINK price in 4H\" class=\"wp-image-5757\" srcset=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/05\/TP_LINK_USDT.P-BINANCE_charlesld_07-05-2025-1-1024x576-1.jpg 1024w, https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/05\/TP_LINK_USDT.P-BINANCE_charlesld_07-05-2025-1-1024x576-1-300x169.jpg 300w, https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/05\/TP_LINK_USDT.P-BINANCE_charlesld_07-05-2025-1-1024x576-1-768x432.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Moreover, LINK shows a strong positive correlation of <strong>0.9<\/strong> with Bitcoin over the last 30 days. Therefore, a decisive breakthrough and sustained move above <strong>$15<\/strong> could propel LINK towards the next target of around <strong>$18<\/strong> in the coming weeks.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/05\/TP_LINK_USDT.P-BINANCE_charlesld_07-05-2025-1024x576-1.jpg\" alt=\"LINK price in 1D\" class=\"wp-image-5758\" srcset=\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/05\/TP_LINK_USDT.P-BINANCE_charlesld_07-05-2025-1024x576-1.jpg 1024w, https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/05\/TP_LINK_USDT.P-BINANCE_charlesld_07-05-2025-1024x576-1-300x169.jpg 300w, https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/05\/TP_LINK_USDT.P-BINANCE_charlesld_07-05-2025-1024x576-1-768x432.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Indeed, the mid-band resistance of the FBB (in pink) is at $18 and will be the crucial resistance in the coming weeks.<br><br>Currently, LINK has still not managed to break out of its daily Ichimoku cloud. The $15 resistance is even more crucial in the short term.<\/p>\n\n\n\n<p>If LINK fails to rebound, it will likely seek a new low in the demand zone between <strong>$7.5 and $8.5<\/strong> in the next few weeks.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"is-it-time-to-buy\">Is it Time to Buy ?<\/h2>\n\n\n\n<p>LINK is at a <strong>crossroads<\/strong>, and its medium-term future will entirely depend on Bitcoin&#8217;s movements.<\/p>\n\n\n\n<p>Fundamental and technical analysis suggests that the LINK price should regain ground in the near future, if Bitcoin allows. Informed investors should closely monitor LINK&#8217;s behavior around the <strong>$14 and $15<\/strong> zone, which represents a pivotal level for future trends.<\/p>\n\n\n\n<p>With a market trending upwards, LINK is expected to quickly challenge shorts beyond <strong>$18<\/strong>. To invest in one of the leading altcoins in the sector, here is a detailed guide to buy it on Bitget :<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Create a Bitget account<\/strong> : Sign up on <a href=\"https:\/\/investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">the Bitget website<\/a> with your email or phone, validate the code sent, and activate 2FA to secure your account.<\/li>\n\n\n\n<li><strong>Verify your identity (KYC)<\/strong> : Submit an identity document to complete the KYC verification, necessary for trading.<\/li>\n\n\n\n<li><strong>Add funds<\/strong> : Deposit cryptocurrencies (USDT, BTC) or fiat via credit card (Visa, Mastercard) or bank transfer in &#8220;Deposit&#8221;.<\/li>\n\n\n\n<li><strong>Access the LINK market<\/strong> : Go to &#8220;Spot Market&#8221;, search for &#8220;LINK&#8221; and select the LINK\/USDT pair.<\/li>\n\n\n\n<li><strong>Make the purchase<\/strong> : Choose a market order (immediate purchase) or limit order (fixed price), specify the quantity, and confirm.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/investx.fr\/go-bitget\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy LINK on Bitget and get a bonus !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/xrp-price-ready-to-skyrocket\/\">Is Ripple (XRP) About to Explode in Price ? Here\u2019s What to Know<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/pi-network-price-standstill-reasons-pi\/\">Why Pi Network\u2019s Price Has Stalled : Key Reasons Revealed<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/mantra-om-comeback-after-crash\/\">Mantra (OM) After the Crash : Is a Major Comeback Brewing ?<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Chainlink (LINK) is attracting attention with a bullish momentum forming. Whales are accumulating, and technical indicators point towards a potential rally to $19. Find out why LINK could be on the verge of taking off.<\/p>\n","protected":false},"author":32,"featured_media":5752,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"chainlink","_yoast_wpseo_title":"Will Chainlink (LINK) Price Hit $19 Again This Week ?","_yoast_wpseo_metadesc":"Could Chainlink (LINK) reach $19 soon ? Find out price analysis, whale signals, and technical indicators to make an informed decision.","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-5753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will Chainlink (LINK) Price Hit $19 Again This Week ?<\/title>\n<meta name=\"description\" content=\"Could Chainlink (LINK) reach $19 soon ? 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