LINK Breaks Key Arc Boundary With 3.5% Gain As Gann Structure Projects Higher Targets

LINK re-enters the Gann arc zone, holding key support at $18.21 and signaling renewed structural strength.

3.5% daily gain confirms price recovery; LINK also outperforms BTC (+2.8%) and ETH (+2.4%).

Gann Square projection targets an upper arc near $100–$200 by 2026, with weekly structure showing consistent higher lows.

Chainlink’s (LINK) weekly chart is displaying a clear structural pivot, as price begins to interact with a crucial arc zone defined by the Gann Square. The asset is now back-testing the lower boundary of the arc, which had previously limited upward movement

As of July 27, LINK trades at $18.98 after recording a 3.5% increase over the past 24 hours. Notably, LINK also posted gains of 2.8% against Bitcoin and 2.4% against Ethereum. Price has now entered a zone of growing technical interest, with market symmetry aligning for a possible continuation.

Price Action Tests Arc Support After Break Into Key Gann Structure

Chainlink’s weekly close near $18.98 marks a significant development. The price is now sitting just above a key arc level, currently acting as support. The level around $18.21 had earlier served as a short-term base before the latest upward move. The Gann Square shows market symmetry with arcs and diagonals intersecting across long-term price movements. This creates a structural zone that LINK has now entered again after prior rejection.

The asset's recent behavior highlights how it is beginning to trade within the lower boundary of the arc. The arrow on the chart marks the point of re-entry into this space. Price is now stabilizing along the diagonal zone, holding above $18.21, which could be critical in maintaining upward direction. The re-engagement with this zone reflects increasing participation at technically sensitive levels.

Market Symmetry Extends Toward Upper Arc With Longer-Term Potential

Looking further ahead, the Gann configuration projects a potential trajectory toward the upper arc, visually highlighted in purple. This upper arc forms part of a converging structure suggesting a possible touchpoint by 2026. The upper boundary, based on historical alignment, currently sits between the $100 and $200 region. However, current price action remains within the initial stages of this longer-term arc development.

Each candle since mid-2024 has slowly built toward this re-test. The return to this path aligns with the broader Gann symmetry mapped since early 2019. With the weekly structure showing higher lows and the price now holding above support, the geometry of the chart continues to reflect technically structured progress.

Weekly Structure Reflects Shift in Strength Against Major Pairs

As LINK moves through the current Gann arc zone, its relative strength against both Bitcoin and Ethereum has improved. This relative strength adds context to the current move and emphasizes a shift in structure. The weekly chart shows a sequence of higher support zones forming since early 2023, suggesting market participants are reacting consistently to structural setups.

Support remains defined at $18.21, a level now retested and maintained. This price area is visible on the chart as the threshold for re-entry into the arc. As long as price maintains above this zone, the structure remains intact.