Chainlink (LINK) is consolidating near $23, with analysts anticipating a potential breakout that could propel prices towards $100 if momentum holds. Several factors are driving this expectation, including ETF filings from Grayscale and Bitwise, rising trading volume, and key resistance levels that suggest further upside. Technical analysis by experts suggests a path toward a high of $64.00 and even higher targets of $102.67 and $144.91 if momentum continues. Analysts highlight the significant influence of institutional interest with Grayscale’s recent ETF filing for Chainlink, as well as Bitwise’s similar application, which is fueling strong trading activity. The daily chart indicates Chainlink’s price near $23.14 with support at $22 and resistance at $30. A balanced market condition is reflected by a Relative Strength Index of 51.30, while Moving Average Convergence Divergence indicators provide mixed signals. Continued institutional interest may lead to increased activity in regulated markets, further driving Chainlink’s price towards potential breakout points and its ultimate target of $100.