Cardano Pepe Chainlink Face Key Technical Levels Amid Bullish Outlook

In a recent market analysis published on August 1, 2025, seasoned analyst Ali Martinez outlined key price levels for Cardano (ADA), Pepe, and Chainlink (LINK), offering insights into potential price movements based on technical indicators and historical patterns [1]. The analysis suggests a cautious yet optimistic outlook for these cryptocurrencies, depending on how they perform against critical support and resistance levels.

Cardano is currently displaying a pattern reminiscent of its early 2020 rally, with its price hovering near $0.76. Martinez pointed out that, while the current movement is slower than the rapid ascent from $0.15 to over $3 seen in 2020, the volume is beginning to rise in parallel, indicating a possible breakout. He highlighted that Fibonacci extension levels project potential targets at $1.15, $1.78, and $3.09, but warned that weekly closures below $0.50 could delay the bullish scenario [1].

Pepe is facing a critical juncture as it attempts to hold a horizontal support band near $0.0000118. Martinez emphasized that failure to confirm this level could lead to a descent toward $0.0000108 and even $0.0000097 over time. A breakdown at these levels, according to the analyst, might trigger a shift from optimism to fear in the market, potentially resulting in more pronounced downward trends [1].

Chainlink, currently trading around $17.6, appears to be maintaining a positive trajectory above its ascending channel base at $13. Martinez noted that the next resistance levels lie between $20.18 and $29.24, providing potential profit-taking opportunities. He added that a move beyond the channel’s upper boundary could set the stage for a target of $46.85. However, he cautioned that any closure below $13 would jeopardize the bullish outlook [1].

Martinez’s insights underline the importance of monitoring these key levels for traders and investors. While the analysis is based on technical indicators and historical data, it does not include broader macroeconomic factors or fundamental assessments. As with any market forecast, investors are advised to approach these levels with caution and to incorporate risk management strategies [1].

Source: [1] Ali Martinez Reveals Crucial Price Levels for Cardano, Pepe, and Chainlink (https://coinmarketcap.com/community/articles/688cc4cdcda5c74165190414/)