Chainlink Price Nears Multi-Year Resistance as Breakout Looms

Chainlink bulls are eyeing a decisive breakout as the oracle token flirts with multi-year resistance levels that have contained every rally since 2021.

The Setup

LINK's price action mirrors the 2020 consolidation pattern that preceded its historic run to all-time highs. Market structure suggests weakening selling pressure at key resistance zones.

Oracle Network Fundamentals

Growing adoption across DeFi and traditional finance infrastructure provides fundamental backing for potential upward momentum. Chainlink's cross-chain interoperability continues attracting institutional integration.

Technical Perspective

Traders watch for a weekly close above resistance to confirm breakout validity. Volume profiles indicate accumulation patterns resembling early-stage bull markets.

Remember—in crypto, 'multi-year resistance' is just a fancy term for 'place where leverage gets rekt before the real move happens.'

The crypto’s trading volume has reached its highest level in the quarter, showing strong trading activity. In the last 24 hours, Chainlink has had a trading volume of $2.89 billion, which is 16.23% of the token’s total circulating supply.

The strong momentum comes after the introduction of Chainlink Reserve for the accumulation of LINK token over time, and accelerating whale accumulation. 

Meanwhile, Bitcoin Hyper has emerged as a, raising over $11 million in its ongoing presale. Expert crypto investors are betting on Bitcoin Hyper as a Layer-2 scaling solution that’s set to revolutionize $BTC.

Chainlink Price Technical Outlook: $30 Coming Soon?

Chainlink has long been regarded as a blockchain pioneer, consistently working on cross-chain interoperability. LINK’s network is renowned for its developing blockchain structure with CCIP and Verifiable Random Function (VRF).

In the recent rally, the chainlink price has gained strong momentum, outperforming the top 10 cryptocurrencies. At press time, LINK was trading at $26.2, with an over 4.93% surge in the last 24 hours.

uhhhhhh….. is anyone else seeing what i'm seeing???$LINK@chainlink #volume precedes price

we just had volume hit higher than the entire bull run of 2021 in which chainlink went from 1.36$ to 52$$ETH 80$ to 5000$ type run$SOL 2$ to 250$ type run

pack your fucking… pic.twitter.com/uRg3PjhE04

— ⬡ Mintcondish369 ︻デ═一 (@Mintcondish369) August 21, 2025

Market analyst Mintcondish369 has excited traders with his Chainlink price prediction. In a recent X post, he said the altcoin has seen the highest monthly volume of any month in the 2021 rally.  He also mentioned that Chainlink now has a partnership with major corporations like JPMorgan and DTCC, which could act as a catalyst for the price. 

LINK’s Relative Strength Index (RSI) sits at 65, showing a strong surge from 50 a few days ago. The local resistance breakout toward the $30 resistance level is crucial for now, as it could set the stage for LINK to test the $50 level. 

Chainlink Reserve Powers LINK’s Upward Momentum

LINK token has outperformed major players since the announcement of Chainlink Reserve on Aug 7, a program that uses off-chain revenue to accumulate LINK.

Chainlink Co-Founder, Sergey Nazarov, said, “The launch of the Chainlink Reserve marks a pivotal evolution in Chainlink, establishing a strategic LINK reserve funded using off-chain revenue, as well as from on-chain service usage.” 

According to the press release, the Reserve holds more than $1 million worth of LINK, collected during the early launch phase. It also stated that the fund will keep growing as revenue is steadily converted into LINK and added to the Reserve.

The MOVE has propelled Chainlink’s market cap to $17.7 billion, fueling strong momentum in Chainlink’s price. 

With Chainlink Reserve, institutional buyers and whales are also accumulating millions of dollars’ worth of LINK tokens. Recently, an on-chain analytics firm posted that two whales have accumulated nearly $22 million worth of LINK tokens. 

Bitcoin Hyper (HYPER): Presale Gains Momentum as Investor Demand Skyrockets 

Bitcoin Hyper is the first meme-specialized layer-2 protocol on the bitcoin network. This platform is turning the biggest blockchain network in the world into a frontier of meme and retail trading. 

This project excitedly unites the robust liquidity and security of the Bitcoin ledger with Solana’s impressive speed and low fees, creating a vibrant Layer-2 meme ecosystem through the innovative layer-2 protocol. This fusion opens up incredible possibilities!

Bitcoin Hyper speeds up transactions by adding a second LAYER on top of Bitcoin. Instead of waiting 10 minutes for each block and paying high fees during busy times, users can move faster. They simply lock their BTC through a secure, non-custodial bridge and receive a wrapped version on Bitcoin Hyper’s L2. 

With this revolutionary tech, launching memes on the Bitcoin network becomes highly feasible. This is intriguing, as investors don’t have to choose between the long-term growth of Bitcoin and the explosive rallies of meme coins. 

In the ongoing presale, the HYPER token is available at a bargain of $0.012775. Market observers say this could be the last opportunity before the token hits tier 1 exchanges. 

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