Chainlink Flashes Daily Buy Signal – Breakout Next?

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Chainlink (LINK) is currently consolidating around the $15 level, as bulls attempt to reclaim higher ground after a volatile yet promising few weeks.

Despite facing stiff resistance near this zone, LINK continues to show strength amid a broader market rebound, holding steady while many other altcoins experience mixed performance.

The asset is now up over 50% from its April lows, suggesting that bullish momentum is building beneath the surface. Market participants are closely watching for signs of a breakout, especially as the overall crypto market heats up and investors rotate capital back into high-potential altcoins.

Adding to the optimism, top analyst Ali Martínez shared a technical chart indicating that the SuperTrend indicator has just flashed a buy signal on Chainlink’s daily chart.

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