Chainlink Looks Ready to Bounce – Is a Big Move Coming?
Chainlink (LINK) could be gearing up for a strong upside move, according to prominent crypto analyst Michaël van de Poppe.
In a recent post, van de Poppe highlighted a bullish divergence forming on the daily timeframe, signaling potential momentum for an upward breakout in the LINK/BTC pair.
He pointed to the 3000 satoshi level as a first potential target, marking a 47% move from current levels. “We’re likely seeing the start of a new uptrend,” he noted, sharing a chart that identified the key breakout zone already being tested. The price chart also shows increasing volume and improving RSI, which may support the bullish case.
Meanwhile, Chainlink is currently trading at $18.26, showing slight gains of 0.06% over the last 24 hours and 2.66% over the past week. Its market cap stands at $12.39 billion with over $547 million in daily trading volume.
LINK’s relative strength could be signaling a trend reversal, especially as traders begin to rotate into altcoins. The bullish divergence on the chart and renewed volume may provide the technical foundation for a larger move if the breakout confirms.
If momentum sustains and the 3000 sats level is reached, it could mark one of LINK’s strongest BTC pair recoveries in recent quarters—especially following months of underperformance compared to other majors.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
