Chainlink Eyes $60 as Liquidity Trends Point to Potential Parabolic Surge

Chainlink (LINK) seems to be moving in lockstep with expanding global liquidity conditions, creating a setup that could push the token toward fresh cycle peaks. Market observers are drawing parallels between LINK’s price movements and worldwide money supply metrics, suggesting the cryptocurrency might be gearing up for significant gains.

Trading at $18.39 with a modest 1.16% daily increase, LINK’s technical profile shows promising signs alongside favorable liquidity dynamics. Market analysts studying these patterns believe global capital flows could potentially propel LINK toward the $60 mark if current structural trends persist.

Global Money Supply Patterns Mirror LINK’s Trajectory

The relationship between Chainlink’s price action and global M2 money supply reveals compelling historical patterns. Each significant LINK rally has coincided with expansions in worldwide liquidity, creating a predictable framework for price movements. The current setup shows LINK emerging from a $6–$9 accumulation zone and trending sharply higher, following a trajectory that mirrors previous bull market cycles.

$Link 👀 been a while since 4chan had some 🔥

"This is why the price target is not ten dollars or a hundred. When Chainlink is used to bridge hundreds of trillions in tokenized capital markets, its price must rise to accommodate the load. That's not speculation. It's settlement… pic.twitter.com/Pnbf2tq5qk

— Bubbafox (@bob4punk) May 25, 2025

This correlation suggests Chainlink could be entering a liquidity-driven expansion phase. The cryptocurrency has recently formed a multi-month base pattern and now displays the classic higher highs and higher lows that typically mark the beginning of sustained uptrends. Breaking above the psychological $20 barrier would likely confirm this acceleration phase is underway.

Market strategists tracking these macro overlays have identified potential price targets at $32, $44, and ultimately $60, assuming global liquidity conditions remain supportive. The alignment between current price structures and historical patterns provides a roadmap for potential future movements.

Short-Term Trading Reveals Accumulation Patterns

Recent trading sessions have shown notable volatility in LINK’s price action. The token opened around $17.60, quickly climbed past $18.40, then experienced a sharp pullback to $17.50 during morning trading hours. This volatility appears driven by traders taking profits on short-term positions.

Following the morning dip, LINK staged a steady recovery throughout the day, eventually settling back in the $18.30–$18.40 range. Trading volume reached $917.47 million, indicating strong market participation. The pattern of higher lows during these swings suggests buyers are stepping in at each dip, building positions for potential upside moves.

With a market capitalization of $12.48 billion and 678 million LINK in circulation, the token maintains its position as one of the most liquid mid-to-large-cap digital assets. The immediate resistance at $18.80 remains a key level to watch. Breaking through this barrier with strong volume would likely accelerate the move toward higher targets.

Technical indicators support the bullish outlook. The MACD remains positive at 1.37 above its signal line at 1.16, while the histogram shows a reading of 0.22, confirming momentum remains upward. The Chaikin Money Flow indicator at +0.20 signals sustained capital inflows into LINK positions.

The critical level to monitor sits at $19.53, which recently shifted from resistance to potential support. Holding above this price point would open the door for advances toward $22.00 and $26.40. Should LINK maintain these support levels while building volume, the anticipated breakout above $20 could trigger rapid price appreciation, potentially validating the ambitious $60 target suggested by liquidity models.