
{"id":95455,"date":"2025-09-10T17:10:47","date_gmt":"2025-09-10T17:10:47","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=95455"},"modified":"2025-09-10T17:10:47","modified_gmt":"2025-09-10T17:10:47","slug":"link-headed-for-100-heres-what-you-need-to-know","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=95455","title":{"rendered":"LINK Headed for $100? Here\u2019s What You Need to Know"},"content":{"rendered":"<p><strong>TL;DR<\/strong><\/p>\n<p>LINK broke above a long-term triangle, targeting $30, $53, and potentially $100.<br \/>\nCaliber and Grayscale boost LINK\u2019s credibility with token purchases and ETF filings.<br \/>\n$24 resistance and $22 support levels guide traders; a breakout could trigger a strong upside move.<\/p>\n<h2>Breakout Pattern Sets Up Potential Move<\/h2>\n<p>Chainlink (LINK) is trading around $23 after a minor 24-hour decline of 1%. Over the last seven days, the price has remained flat. Despite the sideways movement, technical analysts are watching for a larger trend to form.<\/p>\n<p>A weekly chart shared by analyst Ali Martinez shows a breakout from a symmetrical triangle that began in 2022. This <a href=\"https:\/\/cryptopotato.com\/chainlink-link-faces-supply-crunch-bullish-breakout-ahead\/\">breakout<\/a> occurred just above the $21 level, which matches the 0.618 Fibonacci retracement zone.<\/p>\n<p>Notably, the pattern suggests that the consolidation period may have ended. Key levels to watch include $31.57, $53.07, and $102.68. Pointing to the higher range as a potential target if strength continues, Martinez noted,<\/p>\n<p>The next move for Chainlink <a href=\"https:\/\/twitter.com\/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$LINK<\/a> could send it toward $100. <a href=\"https:\/\/t.co\/BxkakH5jpl\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/BxkakH5jpl<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1965648681530806606?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 10, 2025<\/a><\/p>\n\n<h2>$24 Resistance and $30 Target in Focus<\/h2>\n<p>According to a separate <a href=\"https:\/\/x.com\/cryptoWZRD_\/status\/1965604518483427713\" target=\"_blank\" rel=\"noopener\">analysis<\/a> from CRYPTOWZRD, the asset closed the day without a clear signal on both the LINK\/USD and LINK\/BTC charts. The analyst said stronger daily candles are needed before the next move can take shape. Bitcoin dominance moving lower is seen as a positive sign for LINK\u2019s performance against BTC.<\/p>\n<p>The $24 level is marked as immediate resistance. A confirmed break and hold above this point could trigger a push toward $30.<\/p>\n<p>\u201cWe will have to get more healthy Daily candles to expect a further bullish move towards the $30.00 resistance,\u201d CRYPTOWZRD posted.<\/p>\n<p>On lower timeframes, the $22 support level is also being tracked as a possible entry for short-term trades.<\/p>\n<h2>Big Money Is Buying LINK, Here\u2019s Who\u2019s In<\/h2>\n<p>Institutional interest in Chainlink continues to grow. Caliber, a Nasdaq-listed real estate and digital asset management company, <a href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/09\/09\/3146781\/0\/en\/Caliber-Completes-Initial-Purchase-of-Chainlink-LINK-Tokens-as-Part-of-Digital-Asset-Treasury-Strategy.html\" target=\"_blank\" rel=\"noopener\">confirmed<\/a> the purchase of LINK tokens. The company described this as part of its Digital Asset Treasury Strategy.<\/p>\n<p>Meanwhile, the initial acquisition serves as a system test. Future purchases will be made using a combination of cash reserves, equity-based securities, and credit facilities. Caliber said it intends to continue adding LINK to its holdings on a regular basis.<\/p>\n<p>Separately, Grayscale Investments has <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1852025\/000119312525197401\/glnk-20250905.htm\" target=\"_blank\" rel=\"noopener\">filed<\/a> for a Chainlink ETF that would trade under the ticker GLNK on NYSE Arca. This follows a similar <a href=\"https:\/\/cryptopotato.com\/chainlink-connects-wall-street-to-blockchain-with-live-us-equity-and-etf-data\/\">application<\/a> submitted by Bitwise in August. Both funds are designed to offer exposure to LINK without requiring investors to hold the asset directly.<\/p>\n<p>Other firms, including 21Shares, WisdomTree, and Canary Capital, have also filed for altcoin-based ETFs. Regulatory decisions are expected in October.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/link-headed-for-100-heres-what-you-need-to-know\/\">LINK Headed for $100? Here\u2019s What You Need to Know<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>TL;DR LINK broke above a long-term triangle, targeting $30, $53, and potentially $100. Caliber and Grayscale boost LINK\u2019s credibility with token purchases and ETF filings. $24 resistance and $22 support levels guide traders; a breakout could trigger a strong upside move. Breakout Pattern Sets Up Potential Move Chainlink (LINK) is trading around $23 after a [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":95456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-95455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/95455"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=95455"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/95455\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/95456"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=95455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=95455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=95455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}