Chainlink August Price Prediction: LINK to $28?
Chainlink (LINK)’s price has entered a bullish pattern and is consolidating around a crucial resistance level. Currently sitting just over $19.20, the altcoin is targeting $21 as its next resistance level. The asset briefly surpassed $20 on Tuesday before facing a correction. However, that hasn’t stopped analysts from raising their price forecasts. Based on its growth over the past month, LINK could surge to a target of $28 by August 2025. The LINK cryptocurrency is up over 22% in the past week. LINK’s surge is thanks in part to Bitcoin’s rally and the approval of the GENIUS, CLARITY, and Anti-CBDC acts. In addition, there has been plenty of whale movement around Chainlink in the past week, contributing to LINK’s rise. According to crypto expert Ali-charts on X, whales have purchased over 8 million LINK tokens in the past month. In the past month, Chainlink LINK is up 69.7%. If it were to maintain that trend upward over the next 30 days, LINK could end up trading at $2...