Chainlink Analysts Eye $14 as the Ultimate Buy Zone Before a Possible Rally Toward $50

Chainlink’s $14 level identified as the key buy zone before a potential rally toward $50.

Technical charts show LINK maintaining a long-term ascending channel with strong structural support.

RSI rebound and MACD crossover indicate early signs of bullish momentum returning above $14 support.

Chainlink (LINK) continues to move within a long-term ascending channel, showing a bullish structure despite recent market volatility. Analysts identified the $14 area as a potential buy zone, suggesting that if LINK dips to this level, it could set up a rally toward $50. At the time of writing, Chainlink was trading at $17.46.

$14 Zone Emerges as the Key Battleground for Bulls

According to analysis prepared by Ali Charts, Chainlink maintains an upward parallel channel on its weekly timeframe, reflecting steady growth within defined boundaries. Price action recently declined from above $20 to around $16.66, while historical data shows repeated rebounds from the $14–$15 region

The $14 zone aligns with the 0.618 Fibonacci retracement level, creating a strong confluence that may attract buyer interest if revisited. From early 2024, LINK showed consistent recovery phases after every correction. Each pullback respected the lower boundary of the ascending channel, confirming structural strength

Analysts indicate that maintaining support above $14 could fuel a new uptrend toward resistance between $22 and $25, followed by potential continuation toward $44–$50. Volume patterns also show increased trading activity near lower channel levels, signaling accumulation behavior.

Momentum Indicators and Short-Term Market Dynamics

Based on the TradingView data, the RSI is at 40.37, which is recovering oversold conditions. This action implies that the pressure to sell is declining as the purchasing power starts recovering. Breaking up above the neutral 50 may confirm renewed bullish momentum.

Source: MoreCryptoOnline(X)

The MACD also shows a bullish crossover with a developing positive histogram, signaling early reversal signs. Market structure analysis by More Crypto Online shows LINK trading near $16.88, forming corrective waves between $18.39 and $19.10

Support areas appear around $16.01 and $13.34, aligning with Fibonacci retracement zones. Analysts expect that if LINK holds above $14, it might re-enter a bullish mode that will see it reach mid-channel resistance at about $25 and then proceed toward a new high of $50.

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