Chainlink (LINK) is maintaining a higher-high and higher-low structure since mid-September, signaling ongoing accumulation. The cryptocurrency is currently consolidating between $21.8 and $22.8, with the Relative Strength Index (RSI) hovering near 50, indicating potential for increased volatility. A breakout above $23.50 could see LINK targeting $25.50 to $29.00, with long-term projections suggesting a rise to $100–$150. Analyst Matthew Dixon highlights continued buying pressure, estimating a 65% probability of a bullish continuation for Chainlink. This technical setup suggests that LINK may be poised for significant upward movement if it surpasses the key resistance level.