The post Chainlink Price Prediction: Whales Scoop 2M LINK appeared on BitcoinEthereumNews.com.

Chainlink price has recently faced a pullback, reflecting a 4.31% decline over the past day. The LINK price currently trades at $23.45, holding near a key support level despite selling pressure. Market capitalization has slipped to $15.9 billion, though daily trading volume remains resilient above $1.1 billion. Meanwhile, an analyst is projecting a 184% rally, highlighting the potential for Chainlink to stage a parabolic breakout if bullish structures hold. Chainlink Price Action: Will $79 Become the Next Target? Chainlink price action has shown resilience even after the recent dip, keeping focus on higher resistance levels. The LINK current trading value at $23.45 sits just above immediate support near $22.58.  However, a decisive close above $26 could unlock upside toward the $30 region, which historically capped prior rallies.  Beyond this threshold, the chart indicates a Fibonacci projection aligning with the $46.85 target. Furthermore, an analyst highlights an ambitious 184% rally that could propel LINK toward $79.  Such a surge would represent a parabolic phase, similar to historical breakout cycles. Therefore, sustaining momentum above $22 remains vital to confirming these upward projections, reinforcing the strength for long-term LINK price prediction. LINK/USDT 1-Week Chart (Source: X) Whale Moves and Polymarket Partnership Fuel Confidence In the past 48 hours, whales have accumulated nearly 2 million LINK, reinforcing conviction in a bullish continuation at press time. This large-scale acquisition reflects confidence in future valuations and aligns with technical breakout structures.  Additionally, whale activity often signals upcoming expansions, making this development significant. Current inflows into long-term wallets confirm growing interest among deep-pocketed investors.  As a result, such accumulation enhances the credibility of the projected breakout targets. Therefore, whale buying strengthens the bullish narrative surrounding the Chainlink price trajectory. LINK Whale Accumulation (Source: X) Moreover, Chainlink announced that Polymarket will integrate its data standard into resolution processes,…

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Filed under: News - @ September 19, 2025 9:29 pm