Popular altcoin price predictions: LINK, ADA, AVAX form bullish breakout patterns, with skyrocketing potential for growth in the next 30 days.

Artificial intelligence (AI) analysis has identified Chainlink (LINK), Cardano (ADA), and Avalanche (AVAX) as severely undervalued tokens, forming textbook technical patterns that typically appear before significant price movements. Despite their important roles in the blockchain ecosystem and strong institutional support, they have been overshadowed by more speculative assets during altcoin season, creating a rare asymmetric opportunity for investors looking for verified utility rather than hype narratives.

The following technical analysis reveals why the next 30 days are likely to be transformative for these overlooked giants, with specific price targets and catalysts likely to trigger the expected breakout:

LINK: The King of Prophecy Prepares to Reclaim $25

LINK's price action over the past 90 days has formed a textbook descending wedge pattern, which is one of the most reliable bullish reversal patterns in technical analysis.

The characteristic of a wedge is that the trend lines converge and the trading volume decreases, compressing the price of LINK between the support level of $12.00 and the resistance level of $15.00, creating a spiral spring effect, which usually signals a breakout upward trend.

(Source: Trading View)

The catalyst for the breakout appeared last week when LINK broke above the upper trend line of the wedge pattern, with trading volume increasing significantly by 98%, reaching a daily trading volume of $2.3 billion, compared to a 90-day average of $1.2 billion.

The surge in trading volume, along with the price breaking above the 50-day moving average of $13.92, confirms the validity of the breakout and indicates that institutional accumulation is underway.

From a momentum perspective, LINK's Relative Strength Index (RSI) has recovered from a deep oversold state of 14 to a more neutral 45, indicating that there is still enough upside without entering the overbought zone.

The Moving Average Convergence Divergence (MACD) formed a bullish crossover for the first time since March, with the signal line crossing above the MACD line at -0.23, which historically heralds a strong price rally.

(Source: Trading View)

Elliott Wave analysis shows that LINK is completing corrective wave 4 and is preparing to enter impulsive wave 5, which typically represents the most explosive phase of a bull market cycle.

The wave structure shows a target range of $20.00 to $25.00, consistent with the 0.618 Fibonacci retracement level of the historical high of $52.88 ($23.45).

Supporting this technological promise are fundamental developments that can serve as additional catalysts.

The recently announced partnership with Mastercard could bring $3 billion in transaction volume, but it has not yet fully reflected in the price of LINK.

In addition, the rollout of an automated compliance engine has made Chainlink an important infrastructure for the expected wave of agency adoption, with more than 2,400 projects currently integrated into the network.

The 30-day outlook remains bullish with the initial resistance level of $15.00 expected to be broken within the first week.

A sustained breakthrough of 18.00 USD will confirm a larger breakout argument, with the arrival of altcoin season, the target is to reach 20.00 to 25.00 USD by the end of the month.

The current risk-reward ratio is outstanding, with downside limited to the support level of $12.00, while the upside potential expands to an increase of 80%.

ADA: The Academic Approach Finally Pays Off

In the past 120 days, the price of ADA has been consolidating within a symmetrical triangle pattern, with the peak close to $0.72, creating a decision point that will determine the next major direction of the trend.

The upper trendline of the triangle ($0.77) has consistently acted as a resistance level, while the lower trendline ($0.65) provides reliable support, compressing the price range and building up pressure for a strong breakout.

The most technical development is that ADA has formed the first golden cross in history within the weekly time frame, where the 50-week moving average has crossed above the 200-week moving average, at $0.69.

This historically rare bullish indicator has only appeared twice during the most explosive growth phases of other major cryptocurrencies, suggesting that ADA is entering a new market cycle that could drive prices significantly higher.

Volume analysis shows that the cumulative amount continues to increase. Despite the price being consolidated sideways, the On-Balance Volume (OBV) indicator still shows a stable upward trend, indicating that smart money is quietly building positions.

In the past 30 days, the average daily trading volume increased by 34%, reaching $847 million, indicating that institutional interest is growing as the technical pattern approaches a resolution.

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(Source: Trading View)

The RSI maintains a bullish divergence pattern, with higher lows occurring at 35, 38, and 42, while the price forms lower lows, indicating that potential strength has yet to be reflected in the price movement.

The Stochastic Oscillator has broken above the 20 level, which is historically a reliable signal of the ADA's main price movement, having previously broken through the 67% and 89% gains.

From a wave perspective, ADA appears to be completing a complex correction structure that began from the historical high of $3.10.

The current consolidation represents the final step of this adjustment, with the symmetrical triangle serving as a continuation pattern for the next wave of upward movement.

Fibonacci forecasts show initial targets of $1.10 (161.8% extension) and $1.50 (261.8% extension), representing 57% and 114% upside potential, respectively.

(Source: Trading View)

Fundamental factors support this bullish technical outlook. Charles Hoskinson recently proposed converting $100 million worth of ADA into USDM stablecoins, which could enhance DeFi liquidity on the Cardano network, while the listing on Bitstamp provides a new institutional access point.

On top of that, with the success of Bitcoin ETFs, there is increasing speculation surrounding ADA ETF approvals, which could drive a lot of institutional inflows.

The 30-day outlook expects the ADA price to break above $0.77 in the first two weeks, rising to $0.85-1.00 by the end of the month, driven by the altcoin season tailwinds.

AVAX: The Awakening of the Institutional Darling

The price structure of AVAX has formed one of the most bullish patterns in the cryptocurrency market, according to technical analysts.

The token presents a combination of a descending wedge and a symmetrical triangle, forming a complex consolidation, which usually signifies an explosive upward trend.

This pattern has been developing for more than 200 days, and the current peak is $19.50, forcing the market to make an immediate directional decision, which may coincide with the altcoin season.

The falling wedge component indicates a decline in volume and a narrowing of the price range, which indicates that the sellers are exhausted and a reversal is possible.

Since March, the wedge's upward trend line at $22.00 has been tested four times, with each test showing a decrease in selling pressure, indicating that the resistance level is weakening and preparing for a decisive breakout.

Volume analysis reveals an interesting dynamic: while prices remain relatively stagnant, the Accumulation/Distribution line shows steady improvement, indicating institutional accumulation at these levels.

The 30-day average trading volume is $234 million, an increase of 28% compared to the 90-day average, indicating that as the technical pattern comes to an end, people's interest is growing stronger.

(Source: Trading View)

The Elliott wave count shows that AVAX is in the final stage of the 4th wave of a larger impulse structure. According to traditional wave relationships, the target for the 5th wave is in the range of 35.00 to 71.00.

The current consolidation trend displays characteristics of a triangular sub-wave, typically concluding with sharp fluctuations along the direction of the main trend. Given that AVAX is in a larger bullish cycle, the expected breakout direction will be upwards.

Momentum indicators on multiple timeframes show a bullish trend. The daily RSI indicator has formed a bullish divergence, with the lows constantly moving higher at 32, 36 and 41, while the price has formed lower lows, indicating that the underlying power is growing.

The weekly MACD is approaching a bullish crossover for the first time since the 2021 bull market, with the signal line at -2.1 and the MACD line at -2.3, indicating that the long-term trend is turning positive.

(Source: Trading View)

The Ichimoku Cloud analysis shows that AVAX is below the cloud at $20.50, and breaking this level could trigger algorithmic buys from trend-following systems.

The future prediction for the cloud shows strong support in the range of $22.00 to $24.00, consistent with technical resistance levels. Once broken, it could become strong support for the expected rebound.

The developments in the fundamentals support this bullish technical outlook. The number of retail addresses holding less than 100 AVAX has increased by 47.7%, indicating that grassroots adoption is continuously rising, while institutional partners such as Deloitte's subnet deployment validate the platform's enterprise potential.

The Avalanche9000 upgrade, scheduled for late July, will introduce enhanced features that may serve as a catalyst for the anticipated breakthrough.

The 30-day outlook predicts that AVAX will break through $22.00 within the first week, and by mid-month, its momentum will push it to $35.82.

The larger pattern indicates that the price could rise to $71.00 by the end of the month, an increase of 207% from the current level.

The risk-reward ratio is excellent, with downside limited to a support level of 16.00 dollars, while the upside potential expands to nearly 3 times the return.