Popular crypto analyst Michaël van de Poppe sees substantial potential for Chainlink (LINK) prices to surge beyond $30. His analysis suggests the token’s current price is poised for a breakout, driven by positive network upgrades and undervaluation. 2023 has seen LINK struggle with a downtrend, but recent network enhancements have mitigated this weakness. Van de Poppe highlights support levels in the range of $10 to $12 as key factors influencing potential movement. 18-20 USD acts as an accumulation area, possibly serving as launchpad for further gains. His analysis shows LINK’s price has broken through significant resistance near $15-$16 and cleared the barrier at $19. This bullish scenario points to a short-term correction towards $18-20 before resuming its upward trajectory. If this pullback does occur, it will pave the way for LINK to reach $30 and beyond. The analyst believes that past market trends show how retests of breakout levels often result in strong follow-through rallies. Positive investor sentiment is also playing a role. Recent updates regarding Chainlink’s decentralized data services have boosted investor confidence, contributing to a steady upwards trend in the form of higher lows. The RSI indicator, currently in a bullish phase, indicates high momentum and predicts a cooling off period before a further surge. Ultimately, van de Poppe believes that LINK’s technical and fundamental factors suggest an early-stage bull market with potential for significant growth reaching beyond $30.