Chainlink Eyes $20: A Real Uptrend or Mere Speculation?

Jakarta, Pintu News – Chainlink prices show strong potential to break the $20 level in the next few weeks, supported by positive technical trends. Currently, LINK is stable around $14, and the latest price movement shows a higher low pattern, indicating a foundation for further gains.

If this trend continues, Chainlink prices could potentially break out of the upper projection area. The momentum indicator is at average levels, but still gives a positive signal, with the possibility of a stronger uptrend. At this level, medium-term trend reversal signals appear quite often, making it an important target for this crypto asset in the near future.

Overall, the crypto market is performing optimistically, with the price of Bitcoin hovering above $92,000 ahead of the FOMC meeting on December 10.

Grayscale’s Spot LINK ETF Boosts Trust in Chainlink

Grayscale further strengthened the positive sentiment towards Chainlink by acquiring 2 million LINK tokens in just one week through their Spot ETF product.

Read alsi: XRP Price Getting Ready to Soar? Triangle pattern hints at 16% upside potential

This move fuels the growing optimism about LINK’s prospects going forward, increasing growth opportunities as December 2025 approaches.

Chainlink Price Potentially Increases 40%: Will the Bullish Trend Continue?

As of Wednesday, December 10, 2025, the price of LINK was trading at $14.11, recording a daily gain of about 4%. Chainlink is currently in a strong uptrend, and investors are optimistic that the price will continue to print new levels.

The second resistance level is at $18.00. If the price manages to break this level, then more room for upside will open up, in line with the overall projection for Chainlink.

If the positive momentum continues, LINK’s price has the potential to surge up to $20, which translates to an increase of about 42% from the current price.

Technical Indicators Support Uptrend

This rise is also supported by technical indicators. The MACD (Moving Average Convergence Divergence) indicator has entered the positive zone, indicating a strengthening momentum.

Read also: Whale Crypto Accumulates 48 Million Tokens, PIPPIN Price Surges 120%

This is also reinforced by the RSI (Relative Strength Index) which remains above the 50 level, indicating that the market is still in a healthy and strong condition.

However, if the uptrend is unsuccessful in sustaining, prices are expected to find support around $12.00. A drop below this level could be an indication of a trend reversal, potentially triggering further price corrections.

FAQ

What is driving Chainlink’s growth potential?

Factors driving Chainlink’s growth include positive technical trends, support from financial products such as the Grayscale LINK Spot ETF, and an overall optimistic crypto market sentiment.

How does Grayscale’s LINK Spot ETF affect Chainlink prices?

The Grayscale LINK Spot ETF increases trust and liquidity in Chainlink, attracting more institutional and individual investors, which could lead to increased demand and a rise in LINK prices.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Chainlink Price Prediction: Why $20 is Next Key Target. Accessed on December 10, 2025