Chainlink Holding Strong Support, Targeting 20% Rally to $26

10 Ağu

Hello✌️
Let’s analyze Chainlink’s price action both technically and fundamentally 📈.

🔍Fundamental analysis:
Chainlink’s onchain reserve uses smart contracts to turn half of its fees and revenue into LINK buys. Since July 2025, over $1M in LINK has been saved, with no plans to sell soon.
This steady buying creates strong demand, like earning about 4.32% yearly staking rewards, which lowers available LINK. In the past, similar actions (like stock buybacks) have helped prices go up when usage grows.

📊Technical analysis:
LINKUSDT is holding key Fibonacci levels near strong daily support and a solid trendline. If it holds, a 20% rally toward $26 is likely 📈🔒


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11 Ağu

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