Technical analysis by MarketIntel about Symbol LINK on 8/5/2025

We still locate ChainLink in an ongoing wave [iii] expansion. During this move, we expect price to climb well above the resistance level at $30.95. At present, we see a 30% probability that the altcoin could dip below support at $10.07 to complete turquoise wave alt.2 within the alternative Target Zone between $8.65 and $4.77. 📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do (for more: look to the right).