Chainlink Price Could Double or More in Coming Months — Multiple Analysts

Chainlink (LINK) is showing strong signs of a potential significant price rally in the near term, with several analysts projecting gains of 100% or more. The cryptocurrency is currently trading around $15 and is on the verge of breaking key technical resistance, sparking optimism among market watchers.

LINK Undergoing Bull Pennant Pattern

Analyst Crypto Avi highlighted that LINK is attempting to break out of a bullish pennant pattern on the daily time frame.

The classic technical setup typically signals a continuation of the prior uptrend, suggesting that Chainlink could see a doubling of its price in the coming days.

Avi’s chart analysis points to a potential rally of over 130%, with resistance levels around $30–$36 in focus.

Bitcoin Buffalo Predicts +190% Surge

Bitcoin Buffalo, another prominent crypto analyst, shared a similar bullish view, forecasting a 190% rally for Chainlink.

Buffalo’s weekly chart analysis shows a descending resistance line that LINK has recently tested, reminiscent of a previous breakout in late 2024 that preceded a near 200% price surge.

The analyst noted that all eyes are on LINK as it prepares for what could be a powerful upward move.

Hernan Arber Warns of an Accelerating Altcoin Season

Market analyst Hernan Arber also weighed in, dismissing the idea that only memecoins and smaller-cap altcoins can generate explosive returns.

He emphasized that Chainlink, a top 20 cryptocurrency by market capitalization, is set to move from $15 to $30 quickly, showcasing the potency of the current altcoin season.

Arber’s comments highlight the growing momentum behind larger altcoins as capital rotates out of Bitcoin and into promising altcoins.

Chainlink Fundamental  Supports Major Gains

Chainlink helped Visa and several financial institutions complete a recent pilot testing cross-border payments with central bank digital currencies (CBDCs) and stablecoins.

As part of the Hong Kong Monetary Authority’s e-HKD+ initiative, Chainlink’s Crosschain Interoperability Protocol (CCIP) connected ANZ’s private blockchain with Ethereum’s testnet.

Very excited about this report from Visa, showcasing how Chainlink is able to solve the three biggest problems of next generation smart contracts for institutional transactions, all in one platform.

1. Providing the critical data needed to properly price the assets in the… pic.twitter.com/74pI02bhBd

— Sergey Nazarov (@SergeyNazarov) June 10, 2025

The connection allowed an Australian investor to exchange an AUD-backed stablecoin (A$DC) for Hong Kong’s digital dollar (e-HKD) and settle the transaction almost instantly.

Visa provided digital asset management tools while Chainlink’s smart contracts executed the process. This pilot demonstrates how blockchain interoperability can enable cross-border payments and guide future digital asset regulations.

The next steps include scaling the transaction system and supporting policy development.