Chainlink: Analyst Eyes $11 and $15 on Breakout
Chainlink at $8.64 shows bullish divergence per Michaël van de Poppe, with targets at $11 and $15 as 4h chart tests upper resistance amid overbought RSI.
SourceAnalysis
Chainlink has drawn fresh attention after Michaël van de Poppe reaffirmed his $6 call as the opportunity of a lifetime, citing upward breakout and massive bullish divergence across 3D, 1W and 1D timeframes.
Targets sit at $11 within roughly one month and $15 shortly after, with the trader declaring the bottom likely complete.
Technical confluence on the 4h chart shows price at $8.64 testing upper Bollinger resistance at $8.59 while RSI(14) prints 70.28 in overbought territory; a healthy retracement toward the EMA50 support at $8.31 appears probable before continuation, supported by the MACD golden cross at 0.08 and EMA200 floor at $8.16.
Traders tracking LINK price prediction now weigh this macro-technical setup against broader crypto flows for the next leg higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast