Chainlink and Cardano Show Bullish Signals Ahead of Potential Breakout

Coin WorldWednesday, Jun 25, 2025 3:48 am ET
1min read

Chainlink and Cardano, two prominent altcoins, are exhibiting strong bullish signals, suggesting a potential pre-bull market breakout. The altcoin market is displaying early signs of strength, with these two projects emerging as key players to monitor. While not definitive indicators of a full-blown bull market, the technical charts, risk models, and market sentiment are aligning in favor of a breakout for Chainlink and Cardano.

Chainlink has recently secured a significant deal with

, enabling over 3 billion Mastercard users to purchase cryptocurrencies directly on-chain. This partnership represents a major step toward mainstream adoption and could significantly boost Chainlink’s long-term value. Despite this positive development, Chainlink’s price remains below $20, far from its all-time high of $55 reached in 2021. Analysts view this as an undervaluation, positioning LINK as one of the most underpriced cryptocurrencies in the market. Chainlink is currently in a pre-bull market stage, with its price forming a technical pattern around the $13 mark, similar to its previous breakout during the last bull run. The risk model assigns LINK a score of 33, which is considered low and bullish. According to analysts, Chainlink could aim for a price target of $50 in the next bull run.

Cardano, on the other hand, has historically shown a pattern of dropping below key Fibonacci retracement levels during market corrections, often falling 20% to 30% below expected support zones before stabilizing. This consistency in past cycles indicates that Cardano is currently holding within a positive technical range. The averages are tightening, suggesting a possible bottoming phase around the lower $0.50 range. If support holds and market conditions remain favorable, the next upside target for Cardano sits around $2, a level backed by historical price action and Fibonacci technicals. Given the improving crypto market conditions, easing monetary policies, and positive regulatory moves, Cardano could surge quickly towards this target.

The improving market signals and the bullish potential for top altcoins like ADA and LINK suggest that investors should prepare for a potential breakout. The alignment of technical charts, risk models, and market sentiment indicates that these two altcoins are poised for significant gains in the near future. As the market continues to stabilize and conditions improve, Chainlink and Cardano could lead the next crypto rally, making them key projects to watch for investors looking to capitalize on the next bull market.