Analyst warns: Chainlink and Cardano to rise — $ADA and $LINK show bullish signs with ambitious targets

• Chainlink Holds Support, Targets $19,77
• Cardano could reach $0,92 if it maintains its ascending channel
• Altcoins gain prominence with positive technical structure

With the recent strengthening of the cryptocurrency market, two altcoins have caught the attention of analysts: Chainlink (LINK) and Cardano (ADA). Both present technical structures that point to a possible continuation of the bullish trend, as long as they maintain key support levels.

Chainlink cryptocurrency price

Michaël van de Poppe highlighted Chainlink’s recent performance, noting a consistent recovery that could sustain an upward movement in the coming weeks. According to him, the current support region is a key factor for the asset to form a higher low, a structure often associated with consolidated uptrends.

Van de Poppe's projection points to a possible advance to the $19,77 region, if LINK maintains support and gains buying strength. The cryptocurrency has shown signs of recovery after periods of consolidation, reinforcing the market's interest in this asset.

First slight solid bounce on $ LINK .

I assume we'll start to see continuation in the upcoming weeks.

Remember; this is my first go-to zone for support.

We're seeking for a higher low for continuation. pic.twitter.com/3Wl9nCIdbT

- Michaël van de Poppe (@CryptoMichNL) May 18, 2025

Cardano Cryptocurrency Price

Analyst Ali Martinez drew attention to Cardano's technical behavior, which is operating within an ascending channel. Maintaining the price above $0,72 is considered crucial for a movement that could take ADA to $0,92, if the pattern holds.

This rising channel formation usually indicates a healthy trajectory within an uptrend, especially when the rising tops and bottoms remain intact. Cardano has shown resilience, supported by a solid technical foundation and continued investor interest.

If the current structure on #Cardano $ ISLANDS is an ascending channel, holding above $0.72 could pave the way for an upswing toward $0.92. pic.twitter.com/vgNNfuudPd

— Ali (@ali_charts) May 18, 2025

The movement of these two altcoins occurs in a context of greater optimism in the market, with investors paying attention to short and medium-term technical opportunities. Price behavior in the coming days could confirm whether LINK and ADA will continue on this path of sustained appreciation.