The price of the native Chainlink cryptocurrency (LINK) has consolidated around the $24 mark in the past week, failing to stay above $25. The $25 mark has served as resistance for LINK this month, and the altcoin is hoping recent developments could push it towards a rally past $25. A breach of that price could send LINK surging to $30 and even $40.
The US Federal Reserve this week decided to cut interest rates by 25 bps for the first time since December 2025. The move gave the stock and crypto markets a slight boost. However, LINK hasn’t seen as big a gain, battling the $25 resistance mark. Fortunately, several crypto analysts and experts have noted that LINK is set to break the resistance level thanks to recent patterns on its price chart. Analyst Rose Premium Signals noted that the current price action fits the structure of a bull flag. The next move depends on whether LINK can push above the top of the channel. If it does, price levels of $35 and $40 are being considered as upside targets.
Other Factors Pushing a LINK Rally to $30-$40
Recently, Chainlink LINK added 43,034.62 LINK to its reserve, pushing total holdings to 280,048.69 LINK. The move reinforced confidence in the network’s long-term sustainability and drove even more trading activity around the coin. Indeed, investors have responded positively, viewing this buildup as a sign of confidence in future growth. As a result, forecasts projecting the Chainlink cryptocurrency to break $30 and shoot for $40 are becoming more common.
Furthermore, LINK is likely to rally following the Federal Reserve’s latest decision to cut US interest rates by 25 basis points. The Fed previously left interest rates unchanged in July 2025, and this is the first rate reduction since December 2024. Interest rates now sit at 4%-4.25%, the lowest since December 2022. The decision sparked a slight climb in stocks and cryptocurrencies, including LINK getting a slight tick upwards.
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Alternatively, the Chainlink (LINK) price is believed to remain consolidated for a while, followed by a breakout, per other analysts. LINK’s trading volume has compressed to a large extent; hence, a slight change in the market sentiments may trigger a strong upswing. The bulls are currently in a standby mode, and once the price rises above the resistance zone, $30 could be the next pitstop. These levels can be considered as a threshold, as a sustained rally above the range could push the LINK price to the resistance of the expanding rising channel close to $45, if the token secures $38.
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