Chainlink's ($LINK) price analysis indicates a critical support level situated between $15 and $14. The cryptocurrency's performance within this zone is expected to dictate whether it can sustain its upward momentum or if it faces a further decline. Should Chainlink successfully maintain this support, analysts anticipate a potential price surge, targeting a range of $27 to $46. Technical indicators suggest a strong upward trend is possible, but a failure to hold this crucial support could signal a downturn.
The $15–$14 range is identified as a make-or-break level for Chainlink ($LINK), determining its ability to maintain an upward trajectory or face further decline. If Chainlink holds above this support level, its price could surge to a target range of $27–$46, indicating a possible significant rally in the near future. The current parallel trend lines suggest the potential for steep upward price action, signaling potential gains if the critical support zone is sustained.
The Importance of the $15–$14 Support Zone
The $15–$14 support zone holds pivotal importance for Chainlink. If the price remains above this level, it is likely to trigger a bullish rally. Sustaining this zone sets the stage for a price increase, potentially pushing Chainlink towards a target range of $27 to $46. Conversely, failing to hold this level might indicate an impending downturn.
The $15–$14 zone is make-or-break for Chainlink $LINK.
— Ali (@ali_charts) November 4, 2025
Hold it, and $27–$46 comes next. pic.twitter.com/gJtjtXgVoq
Recent trend analysis indicates that Chainlink has experienced bounces off similar support zones in the past. This historical price action within these boundaries lends credence to the idea that holding the $15–$14 zone is crucial for the cryptocurrency's next phase. The potential for Chainlink to rise above $27 and ascend towards $46 remains a viable forecast, provided the support level holds firm.
Target Range of $27–$46 for Chainlink
The potential upward movement for Chainlink could lead to a significant price increase, with targets set within the range of $27 to $46. This represents a substantial rise from current trading levels and aligns with previous bullish trends observed in the market. If Chainlink successfully holds above the $15–$14 support zone, technical indicators strongly suggest it will push towards this upper target range.
Technical channels, as depicted on Chainlink's price chart, illustrate a clear upward trajectory. The parallel lines within these channels indicate the coin's movement through a steady trend channel, suggesting that any ensuing rally could be swift and decisive. The ultimate realization of this forecasted surge will depend on prevailing market conditions and Chainlink's ability to consistently maintain the identified support level.