Chainlink LINK Holds Strong Above $25 Amid Bullish Momentum

Chainlink LINK News - Chainlink's native token LINK has surged to $25.97, marking a 17% weekly gain as bullish momentum builds. The cryptocurrency now trades above all major weekly exponential moving averages, signaling a robust medium-term uptrend. Technical indicators suggest room for further growth, with the Relative Strength Index at 67—approaching but not yet in overbought territory. The Bollinger Bands show widening volatility, with LINK testing the upper band near $24.4. While this signals strength, traders should remain alert for potential short-term pullbacks. Key support levels lie between $19.0–$20.2, where the Ichimoku cloud and moving averages converge to form a demand zone. Market structure remains decisively bullish, with the 20-week SMA in the high teens serving as a potential retracement floor. The absence of overbought conditions combined with stacked EMA support suggests LINK may soon test higher resistance levels—with $30 appearing increasingly plausible if momentum sustains.