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<p><a href="https://captainaltcoin.com/what-must-happen-for-chainlink-link-price-to-reach-100/" target="_blank" rel="noopener noreferrer nofollow">Chainlink price is starting to show strength again after a mild pullback.</a> At writing, LINK trades around $24.7 on Coinbase and is holding firm after a steady climb.&nbsp;</p>
<p>Veteran trader Matthew Dixon shared a fresh 4H chart and pointed out that while LINK corrected from its recent high, the setup still suggests a retest of that key level near $27.8 in the days ahead.</p>
<h2 class="wp-block-heading" id="link-chart-signals-a-possible-retest">LINK Chart Signals a Possible Retest</h2>
<p>The chart highlights $27.8 as the zone to watch.<a href="https://captainaltcoin.com/heres-the-chainlink-price-if-a-link-etf-gets-approved/" target="_blank" rel="noopener noreferrer nofollow"> LINK price was trending from roughly $17 up to close to $28 in August before</a> it took a breather. The price action has since been soft but bullish, and the token is underpinned between $22 and $23.</p>
<p>The latest rebound from that area shows buyers are still active, absorbing sell pressure and keeping the trend intact.</p>
<p>Dixon further states that risk/reward is less favorable compared to the initial phases of the rally, but he still believes that a retest of that recent high is in the cards.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" width="1024" height="694" src="https://captainaltcoin.com/wp-content/uploads/2025/09/image-876-1024x694.png" alt="">
 <figcaption><strong><em>Image Source: <a href="https://x.com/mdtrade/status/1967168925956968825" target="_blank" rel="noopener noreferrer nofollow">X/MattewDixon</a></em></strong>
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<p>A neat close above $27.8 would confirm bullish momentum and lay the ground for a psychological target of $30, but a failure there could cause more range-bound trading. On the downside, $23 now stands out as first support, followed by $21 if selling accelerates.</p>
<p><strong><em>Read Also: </em></strong><a href="https://captainaltcoin.com/sei-price-analysis-why-analyst-thinks-a-10x-move-to-2-5-is-on-the-table/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>SEI Price Analysis: Why Analyst Thinks a 10x Move to $2–$5 Is on the Table</em></strong></a></p>
<h2 class="wp-block-heading" id="fundamentals-add-to-the-bullish-case">Fundamentals Add to the Bullish Case</h2>
<p>Behind the chart, Chainlink’s fundamentals remain strong. The network continues to dominate the oracle space, which delivers off-chain data to blockchains and decentralized apps.</p>
<p>Increasing usage of Cross-Chain Interoperability Protocol (CCIP) facilitates different blockchains to exchange information and value. Big DeFi platforms, stablecoin initiatives, and even conventional finance initiatives are dependent on Chainlink data feeds.</p>
<p>This steady growth gives LINK long-term demand that supports the technical picture. As more assets and real-world data are tokenized and moved on-chain, Chainlink’s role as a secure data layer only becomes more critical.</p>
<h2 class="wp-block-heading" id="chainlink-price-short-term-outlook">Chainlink Price Short-Term Outlook</h2>
<p>For short-term traders, the key level is the $27.8 resistance level. Breaking above this should comfortably take LINK up towards $30 and beyond if momentum keeps on growing.</p>
<p><a href="https://coinmarketcap.com/currencies/chainlink/" target="_blank" rel="noopener noreferrer nofollow">If the LINK price drops below $23, however, it may mean the buyers</a> are taking a breather, and $21 is the next logical space to test.</p>
<p>Overall, Dixon sees the structure leaning bullish. As long as the broader crypto market stays calm, Chainlink looks ready to make another run at $27, and possibly chart new highs beyond that level.</p>
<p><em><strong>Subscribe to <a href="https://www.youtube.com/@Captain-Altcoin" target="_blank" rel="noopener noreferrer nofollow">our YouTube channel</a> for daily crypto updates, market insights, and expert analysis.</strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/chainlink-link-price-eyes-a-retest-of-local-highs-heres-what-the-expert-sees/" rel="noopener noreferrer nofollow">Chainlink (LINK) Price Eyes a Retest of Local Highs – Here’s What The Expert Sees</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Chainlink (LINK) Price Eyes a Retest of Local Highs – Here’s What The Expert Sees

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