Chainlink LINK Price Eyes $17.64 Breakout After Launching Real-Time Equity Data Feeds

Chainlink has taken a significant step forward in real-world asset tokenization with the introduction of real-time data streams for U.S. equities and ETFs. These streams deliver sub-second pricing for assets like AAPL and SPY directly onchain, with early adoption by platforms such as GMX and Kamino. The move solidifies Chainlink's position as a foundational LAYER for institutional-grade DeFi.

LINK's price currently stands at $16.49, reflecting a 6.91% decline over the past week. However, the cryptocurrency found support at $15.83, signaling potential buyer interest after recent selling pressure. Technical indicators show a bearish MACD divergence following July's 21% rally, with resistance now forming near $17.76.

The $17.64 level emerges as immediate resistance, with a breakout potentially paving the way toward $20.22. Market participants should note this zone historically triggers profit-taking activity.