Is Chainlink (LINK) poised for another rally? After a pullback from a local top near $15.30, Chainlink (LINK) is currently trading around $13.88. But is this just a temporary dip before another surge? The price action shows a completed corrective move and early signs of a bullish resurgence. Many investors are asking: Chainlink Price Prediction: Why LINK May Rally Up Into Another Week?

While bullish institutional adoption supports long-term growth, current price predictions are mixed. Chainlink price prediction factors in both positive and negative indicators. Recent technical resistance and ongoing macroeconomic risks are important considerations. Just yesterday, Chainlink price surged 6%, but then dropped as investors began to fear today's Trump tariff event. This highlights the volatility surrounding LINK and the influence of external factors.

Some analysts predict a potential 35% rally, noting bullish patterns on the charts. Could LINK be on the verge of a significant upswing? However, it's crucial to acknowledge the bearish sentiment dominating short-term discussions. A recent Chainlink oracle update glitch on May 30 triggered $532k in liquidations, causing LINK to drop to $14.33 (-9.58% in 24h). This event served as a stark reminder of the inherent risks in the crypto market.

Therefore, any Chainlink price prediction needs to weigh these competing factors. Institutional adoption and bullish chart patterns suggest potential upside. Conversely, technical resistance, macroeconomic uncertainties, and the possibility of further oracle glitches represent significant headwinds. Stay updated with the latest news and analysis to make informed investment decisions regarding Chainlink (LINK).