I see we already have a topic predicting LINK token price, but that topic is quite old, and there is not much technical analysis basis for us to discuss. Therefore, I created this topic to share my views using the technical analysis method to receive everyone's opinions.
I do not give any financial advice to anyone, I do not seek profits from others and am not responsible for others' losses.Data: LINK ICO price = $0.11.
Price scale: Log
1. Fibonacci retracementDuring the crypto winter in 2022-2023, LINK retraced 38.2% to Fibo 0.618. This is an almost perfect retracement.
In 2025: I expect that LINK can reach Fibo 1.236 ~ $235, then LINK cap will reach ~ $140B. I do not dare to put my hopes on Fibo 1.618 ~ $2500, I think that is the story of the 2028 cycle.
2. Fibonacci extensionThanks to the almost perfect retracement to the 0.618 Fibo, I get Fibo extension at the 0.618 and 1.0 that coincide with the 1.236 and 1.618 Fibo retracement.
I have BC = 0.618 OA ~ $235.
3. Parallel channelConnecting 2 bottoms and 1 top, I get a parallel channel. I predict that the LINK price chart will tend to return to the balance zone which is the center line of the parallel channel. This event could happen in late 2025 - early 2026.
Determining the time is not really reliable, there exists another time of 1 + 0.618 + 0.618 = 2.236 ~ September 2025.
So I predict that LINK will reach
$235 by Q4 2025.
I look forward to receiving everyone's opinions and predictions 