Chainlink is predicted to reach $150 as on-chain reserves surge

TapChiBitcoin
LINK-5,3%

A top expert has just predicted that the price of Chainlink (LINK) could reach $150 if it maintains a 1,000% growth momentum from the current key support zone.

This forecast comes as the Chainlink Reserve—a LINK on-chain reserve managed by the Oracle network—has just surpassed 1 million LINK after its latest addition.

At the time of writing, Chainlink is trading at $14.04. The rapid growth of the reserve fund, along with a positive outlook for LINK’s price, has helped strengthen confidence in the project.

Chainlink được dự đoán chạm mốc 150 USD kh quỹ dự trữ on-chain tăng vọtLINK Price Chart | Source: Coinphoton## $150 Price Target for LINK Stands Out Amid Strong Demand at the $14 Level

According to expert Crypto Patel, Chainlink’s price could aim for $150 in the medium to long term. Since 2020, LINK has been moving within a long-term price structure, with recent mild corrections towards a key support zone.

This price area is considered one of the most important levels on the chart. Crypto Patel identifies the $10–$14 range as LINK’s main accumulation zone. Technical analysis also supports this, showing that this range sits above a multi-year trendline that has been consistently respected.

Whenever LINK drops to this area, buying demand re-emerges strongly. In particular, the “order block” zone around $9.80–$10 demonstrates sustained investor interest.

Currently, LINK is trading just above this support after touching the lower boundary of the uptrend channel. The recovery has been steady, with optimistic sentiment from buyers aiming to keep the price above $9.80. The immediate goal is to surpass the moving averages and move towards the $30 zone.

If LINK breaks through this area, the chart will open up the opportunity to target $50 and above, corresponding to higher Fibonacci levels.

Chainlink được dự đoán chạm mốc 150 USD khi quỹ dự trữ on-chain tăng vọtSource: Chainlink Price Prediction Chart by Crypto PatelCrypto Patel also highlights a larger target around $150 if the altcoin market enters a strong growth cycle. This would be a breakthrough increase, but LINK has shown similar strength in previous market cycles after extended accumulation phases.

Chainlink Holds Its Re-Accumulation Zone After Retesting Uptrend Channel

Chainlink is currently at a critical position on the chart, where long-term investors have been consistently accumulating, and the latest reaction continues this trend.

According to CryptClay, LINK is trading in a clear re-accumulation zone above the key support area. The chart shows the price has touched the lower boundary of the uptrend channel, a level that has guided the trend since early 2023.

Chainlink được dự đoán chạm mốc 150 USD khi quỹ dự trữ on-chain tăng vọtSource: LINK Price Prediction by CryptclayEach time LINK hits this trendline, the market responds with a strong bounce. The current structure still favors an uptrend, as LINK is holding well above the long-term support zone from $10 to $14.

This price area coincides with key Fibonacci levels and multiple prior weekly bottoms, further reinforcing its strength.

If the market continues to respect the lower boundary of the uptrend channel, the next move could be a recovery towards the moving averages. A price rebound to the $18–$20 zone would be the first sign that upward momentum is returning.

Chainlink Reserve Fund Surges, Surpasses 1 Million LINK Since August 2025

This morning, the Chainlink Reserve address added another 81,131 LINK, bringing its total holdings to over 1 million LINK, reaching 1,054,884.02 LINK—marking one of the largest accumulation events for the reserve fund so far.

Chainlink được dự đoán chạm mốc 150 USD khi quỹ dự trữ on-chain tăng vọtSource: XAccording to official data, the fund’s average cost basis is $18.59, significantly higher than the current price of around $14. This indicates the reserve fund has been consistently buying during market corrections.

Chainlink launched its on-chain reserve fund in August, aiming to collect fees from institutional clients and decentralized applications. These fees are collected via Chainlink’s Payment Abstraction system, allowing for automatic conversion into LINK.

Mr. Giáo

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Dogecoin faces a risk of sharp decline as selling pressure increases

Dogecoin (DOGE) records its second consecutive decline, trading around $0.090 as of Saturday. Previously, this meme coin reached its weekly high of $0.104 on Wednesday. However, the rapid rally was halted as the market entered a period of volatility.

TapChiBitcoin9m ago

BTC surged to $74,000 before falling back below $69,000, with the total market capitalization evaporating approximately $110 billion.

This week, the cryptocurrency industry received positive news from Wall Street, but Bitcoin's price fell from $74,000 to $69,000, with a market cap evaporating approximately $110 billion. The strength of the US dollar and macroeconomic factors are putting pressure on risk assets. Short-term holders are taking profits, increasing selling pressure, but the US spot Bitcoin ETF recorded net inflows, indicating an improvement in the funding environment.

GateNews3h ago

Today, the cryptocurrency Fear & Greed Index dropped to 12, indicating the market is in extreme fear.

Gate News Report, March 7th, according to Alternative.me data, today the cryptocurrency fear and greed index dropped to 12, indicating the market is in a state of "extreme fear." Yesterday, the index was 18, also in the "extreme fear" zone.

GateNews3h ago

Kaspa Tops CoinMarketCap Community Sentiment With 90% Bullish Votes – Here’s Why

Kaspa’s price hasn’t had the best year. The coin is currently trading around $0.03, and on the yearly chart it’s still down roughly 60%. That kind of drop usually hurts sentiment in most crypto

CaptainAltcoin4h ago

Will XRP Hold $1.33 or Extend Toward $1.30 Before Rebound?

XRP is currently trading at $1.35, experiencing a 1.3% decline. Key support is at $1.34, while resistance is at $1.40. The price is testing around the Fibonacci levels of $1.33 and $1.30, crucial for potential upward movement or deeper decline.

CryptoNewsLand8h ago
Comment
0/400
No comments