Chainlink (LINK) is gaining strong momentum. Over the past 48 hours, whales have accumulated more than 1.25 million LINK, while the network announced its expansion into artificial intelligence through a partnership with PublicAI. This combination of rising demand and technological innovation is driving the price higher, sparking speculation on whether $40 is a realistic target in the near future.
Technical structure signals further upside
Currently, Chainlink trades around $23, with support holding firm near $22.50. The chart shows a rising channel with higher lows and well-defined resistance levels, confirming the continuation of a bullish trend.
The next investor target lies near $30, before markets eye the key Fibonacci 2.618 extension at $40. A successful retest of the $24 resistance zone would reinforce momentum for long-term gains.
The DMI indicator supports the bullish outlook – with the +DI line positioned above the -DI line and ADX holding strong at 29, signaling firm directional strength. If the channel remains intact, LINK could first test $35 and then $40. A breakdown below $22.50, however, would shift focus toward $18 as a defensive zone.
Artificial intelligence as a new growth engine
The announced integration with PublicAI has expanded Chainlink’s utility. Combining oracle data with AI-driven predictive systems opens up new use cases – from reputation scoring to advanced risk analysis. This enhances the network’s attractiveness to a broader range of users and investors.
The unique combination of whale accumulation and AI expansion creates an environment where high demand reduces sell-side pressure while innovation strengthens the adoption narrative.
Outlook: $40 within reach?
The overall picture remains strongly bullish. Chainlink benefits from a dual impulse – massive whale buying and growing adoption in the AI sector. Short-term pullbacks may occur, but the technical structure and fundamentals suggest LINK is on track to hit $40 sooner rather than later.
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Whales Bet on Chainlink: 1.25 Million LINK Accumulated as AI Integration Fuels Path Toward $40
Chainlink (LINK) is gaining strong momentum. Over the past 48 hours, whales have accumulated more than 1.25 million LINK, while the network announced its expansion into artificial intelligence through a partnership with PublicAI. This combination of rising demand and technological innovation is driving the price higher, sparking speculation on whether $40 is a realistic target in the near future.
Technical structure signals further upside Currently, Chainlink trades around $23, with support holding firm near $22.50. The chart shows a rising channel with higher lows and well-defined resistance levels, confirming the continuation of a bullish trend. The next investor target lies near $30, before markets eye the key Fibonacci 2.618 extension at $40. A successful retest of the $24 resistance zone would reinforce momentum for long-term gains. The DMI indicator supports the bullish outlook – with the +DI line positioned above the -DI line and ADX holding strong at 29, signaling firm directional strength. If the channel remains intact, LINK could first test $35 and then $40. A breakdown below $22.50, however, would shift focus toward $18 as a defensive zone.
Artificial intelligence as a new growth engine The announced integration with PublicAI has expanded Chainlink’s utility. Combining oracle data with AI-driven predictive systems opens up new use cases – from reputation scoring to advanced risk analysis. This enhances the network’s attractiveness to a broader range of users and investors. The unique combination of whale accumulation and AI expansion creates an environment where high demand reduces sell-side pressure while innovation strengthens the adoption narrative.
Outlook: $40 within reach? The overall picture remains strongly bullish. Chainlink benefits from a dual impulse – massive whale buying and growing adoption in the AI sector. Short-term pullbacks may occur, but the technical structure and fundamentals suggest LINK is on track to hit $40 sooner rather than later.
#Chainlink , #LINK , #Altcoin , #CryptoAnalysis , #CryptoWhale
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“