Rose

FOMC

Bull Flag

Chainlink

Daily

TL;DR
<ul>
 <li>LINK trades in a bull flag pattern with breakout targets set at $35 and $40.</li>
 <li>Institutional interest rises as Caliber buys LINK and Grayscale files for a LINK ETF.</li>
 <li>SAB partners with Chainlink to test blockchain solutions for cross-border infrastructure.</li>
</ul>
<h2 id="weekly-setup-points-to-possible-upside">Weekly Setup Points to Possible Upside</h2>
Chainlink (LINK) is trading within a flag pattern on the weekly chart after a strong move earlier this year. The structure shows a short-term downward channel that formed after a rally in July and August. This setup is commonly watched as a continuation pattern, with many traders monitoring it for a potential breakout.
At the time of writing, LINK is priced at $23. Rose Premium Signals noted that the current price action fits the structure of a bull flag. The next move depends on whether LINK can push above the top of the channel. If it does, price levels of $35 and $40 are being considered as upside targets.
<blockquote class="twitter-tweet">
 <a href="https://twitter.com/hashtag/LINK?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#LINK</a> Bull Flag in Play
 Chainlink is printing a textbook bull flag on the weekly timeframe Price is consolidating inside the channel — a breakout could ignite the next leg up
 Breakout above the channel resistance will likely lead to explosive momentum!
 Targets:… <a href="https://t.co/Nv31FzNVZd" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/Nv31FzNVZd</a>
 — Rose Premium Signals (@VipRoseTr) <a href="https://twitter.com/VipRoseTr/status/1968051013262131277?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 16, 2025</a>
</blockquote>

<h2 id="mixed-signals-on-the-daily-and-intraday-charts">Mixed Signals on the Daily and Intraday Charts</h2>
On the daily timeframe, LINK closed without a clear direction. According to CRYPTOWZRD, LINK/BTC also pulled back slightly but stayed above a previous resistance zone that now acts as a double bottom. The next <a href="https://cryptopotato.com/chainlink-link-faces-supply-crunch-bullish-breakout-ahead/" rel="noopener noreferrer nofollow">push higher</a> could confirm this pattern and set the stage for continued strength.
$30 is the next area to watch if momentum returns, while $20 remains a support zone on the daily chart. The analyst added that any moves following the FOMC event may also affect LINK’s short-term path. Near-term setups are expected to come from lower timeframes, depending on how the market reacts.
<blockquote class="twitter-tweet">
 LINK Daily Technical Outlook:<a href="https://twitter.com/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$LINK</a> closed indecisively. We need more healthy price action and a directional lead from Bitcoin tomorrow during the FOMC event. My focus will be on the lower-time frame. Moving the above $24.00 intraday resistance would trigger the next long ‍<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2642.png" alt="♂" style="height: 1em; max-height: 1em;"> <a href="https://t.co/H34TQlMUtA" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/H34TQlMUtA</a>
 — CRYPTOWZRD (@cryptoWZRD_) <a href="https://twitter.com/cryptoWZRD_/status/1968140508582252683?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 17, 2025</a>
</blockquote>

In intraday movement, LINK saw quick swings. Holding above $24.00 is being watched as a possible signal for a surge with a target of $26.50. Support on this timeframe is set at $22.00.
<h2 id="institutional-interest-continues-to-expand">Institutional Interest Continues to Expand</h2>
Several companies have increased exposure to LINK in recent weeks. As CryptoPotato <a href="https://cryptopotato.com/link-headed-for-100-heres-what-you-need-to-know/" rel="noopener noreferrer nofollow">reported</a>, Caliber, a Nasdaq-listed firm managing both real estate and digital assets, disclosed a purchase of LINK tokens as part of its digital asset strategy. The company has not provided further details on the size of the position.
Grayscale Investments has filed for a Chainlink ETF under the ticker GLNK. The application was made for NYSE Arca. Bitwise had submitted a similar proposal earlier. Both filings aim to give investors access to LINK through a regulated fund structure, without requiring direct token custody.
In addition, SAB <a href="https://x.com/alawwalsab/status/1967634523136352735" target="_blank" rel="noopener noreferrer nofollow">confirmed</a> a new agreement with Chainlink. The company shared that the partnership will focus on testing blockchain solutions for cross-platform communication. The work is part of broader goals to improve financial infrastructure in Saudi Arabia.
SAB said,
<blockquote>
 “This collaboration marks a pivotal step in our commitment to drive Financial Innovation in Saudi Arabia.”
</blockquote>
No timeline or further technical details have been announced so far.
The post <a href="https://cryptopotato.com/chainlink-link-eyes-40-as-bull-flag-builds-on-weekly-chart/" rel="noopener noreferrer nofollow">Chainlink (LINK) Eyes $40 as Bull Flag Builds on Weekly Chart</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Chainlink (LINK) Eyes $40 as Bull Flag Builds on Weekly Chart

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