Quinten, an analyst on X, explains that LINK price is pressing on the $19.25 resistance right now. He points out that price reacted well after the launch of Chainlink Reserve, which put fresh attention on the project and helped buyers step in. On his chart, the first clean ceiling is $19.25.

Above that level, the next meaningful area sits near $22, and the path between them looks thin. That is why he believes a break could unlock a quick move of about 14% before the next relevant barrier shows up. In short, Quinten sees one wall to clear before momentum can carry LINK higher in the short term.

The first chart shows a steady recovery from the July swing low into August. The downtrend line that capped price earlier in the year has already been broken. Price then pulled back, found support around previous horizontal levels, and pushed back to the same $19.25 shelf.

The box above marks the distance to the next horizontal zone around $22. That visual gap is the reason Quinten calls the setup beautiful. If buyers lift LINK through $19.25 on strong volume, the market would be trading in an area that saw little recent supply, so a fast push toward $22 becomes likely.

If the break fails, price can rotate back into the range and try again, but the bullish idea for this leg centers on that single breakout.

Ali takes a wider view. His black-and-white channel chart maps LINK since late 2023 inside a rising parallel channel. The midline of that channel sits near the current zone, which explains recent chop. Above the midline, historical pivots show reactions around $19 and $21, and a larger swing high near $27.

$46 https://t.co/pQWFvddyYK

The top boundary of the channel stretches much higher. On Ali’s earlier analysis he highlights a possible path toward $46 if LINK can hold the lower trendline, reclaim the midline with conviction, and then ride momentum toward the upper band.

The Fibonacci extensions on his chart line up with prior reaction zones around $27, $34, and then the extension near $46. His message is simple. If LINK clears resistance and keeps trending inside this channel, the structure leaves room for a much larger rally over time.

Read Also: Chart Suggests XRP Price Is Ready to Make New All-Time High: Here’s the Target

Put together, Quinten focuses on the immediate battle at $19.25 with a clean runway to $22, while Ali reminds traders that a confirmed breakout can set the stage for a bigger move inside the long term channel. One resistance to go in the short term, and much higher targets become realistic if the breakout holds.

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The post Charts Show Chainlink (LINK) Is Primed for Next Rally with Only One Resistance Left appeared first on CaptainAltcoin.

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