Chainlink Price Gains Momentum as Whales Buy 1.25M LINK Tokens
TLDR
Whale accumulation of 1.25 million LINK strengthens the bullish outlook for Chainlink price.
Chainlink’s integration with PublicAI boosts the network’s utility and adoption in AI-driven prediction systems.
The rising channel structure suggests that Chainlink price could target $35 and $40 if support levels hold.
The DMI indicator shows a strong directional force, reinforcing the potential for further growth in LINK price.
Resistance levels near $28.50 and $30 may cause brief pauses, but support at $22.50 keeps the bullish trend intact.
Chainlink price has gained significant attention due to its strong upward trend and market dynamics. As buyers maintain control, LINK price pushes toward higher projections and key Fibonacci levels. Recently, whales accumulated 1.25 million LINK, adding to the bullish outlook. The integration of Chainlink with PublicAI further enhances its growth prospects, signaling potential for the price to hit $40.
Chainlink Price Advances in a Rising Channel
Chainlink price is currently moving within a rising channel, showing consistent higher lows. Support is visible near $22.50, with resistance forming around $28.50 and $30. As LINK price continues its rise, key Fibonacci levels indicate that the next targets could be $35 and $40.
A key factor supporting the bullish setup is whale accumulation. In just 48 hours, whales bought 1.25 million LINK, tightening available supply. This whale activity further reduces sell-side pressure and provides upward momentum for LINK price.
The structure of the rising channel supports the continued advance of Chainlink price. The daily chart shows a clear series of higher lows, confirming strong demand. If the $24 level holds, further upside could be on the horizon, potentially pushing the price closer to $40.
Whales’ Accumulation and PublicAI Integration Strengthen the Bullish Case
Whale accumulation is not the only factor pushing LINK price upward. Chainlink’s integration with PublicAI boosts its utility, especially with AI-driven predictions. The collaboration enhances the network by merging Oracle data with AI-powered risk analysis.
1.25 million Chainlink $LINK bought by whales in the last 48 hours! pic.twitter.com/hX4I7Ep7jg
— Ali (@ali_charts) September 2, 2025
This strategic move could attract more adoption for Chainlink, pushing the price even higher. As the use of oracles expands, Chainlink’s role in AI-based solutions becomes more crucial. The growing use cases, along with whale buying, reinforce a bullish outlook for LINK price.
The partnership with PublicAI adds another layer of confidence to the bullish case. As the adoption narrative becomes more refined, liquidity increases, providing further support for Chainlink price. With both whale accumulation and adoption growth converging, the path to $40 appears promising.
LINK Price Faces Hurdles but Remains Bullish
Despite the strong bullish structure, Chainlink price faces resistance at key levels. Profit-taking could slow the upward momentum near $28.50 and $30. However, if the LINK price holds the $22.50 support, the rising channel will remain intact.
The DMI indicator supports the bullish trend, with the +DI line above the –DI line. This alignment suggests strong directional force, further increasing the chances of LINK price reaching new highs. Should the channel remain intact, price targets like $35 and $40 are within reach.
Whale activity, combined with adoption drivers like PublicAI, adds a dual push to the bullish setup. As LINK price continues its upward trajectory, investors remain optimistic about the future. With both structure and market momentum aligned, Chainlink is poised for further growth.
The post Chainlink Price Gains Momentum as Whales Buy 1.25M LINK Tokens appeared first on Blockonomi.
Filed under: Bitcoin - @ September 2, 2025 11:17 pm