Chainlink (LINK) Explodes: Riding the Bullish Wave – Must-Know Trading Strategies for July 2025
Chainlink isn't just climbing—it's gunning for the moon. The oracle network's native token, LINK, has ripped through resistance levels like a hot knife through butter, leaving traders scrambling to adjust their positions. Here's what you need to know.
The Setup: Why LINK's Pump Isn't Just Hype
Smart money's piling into decentralized oracles again—because apparently, trusting centralized data feeds is so 2023. Chainlink's recent integrations with tier-1 DeFi protocols have turned LINK into the backstage pass everyone wants.
Key Levels to Watch (Or Risk Getting Rekt)
Daily charts show a clean breakout above the 200-day moving average—classic bull signal. But watch for profit-taking near the next psychological barrier; even crypto's golden child isn't immune to gravity.
Trading Tactics for Degens and 'Responsible Investors' Alike
Scalpers are playing the 15-minute RSI swings, while hodlers quietly stack more before the next leg up. Pro tip: if you're waiting for a 'dip,' you might end up buying the top—welcome to crypto.
As always, manage your risk unless you enjoy donating to the 'greater fool' fund. The market doesn't care about your hopium.
Chainlink (LINK) has been capturing attention in the past week with its recent price surge and improving technical indicators. This article dives into the latest chainlink news, technical analysis, and actionable trading recommendations for July 2025.
Recent News Analysis
Over the past seven days, Chainlink has made headlines due to key ecosystem developments:
Partnerships and Integrations: Chainlink announced collaborations with prominent DeFi projects, further cementing its role as the leading oracle network. Notable integrations include partnerships with Layer-2 protocols for enhanced scalability.
Cross-Chain Expansion: Chainlink’s Cross-Chain Interoperability Protocol (CCIP) achieved a milestone with increased adoption by blockchain networks, enabling seamless token and data transfers across chains.
Staking Developments: The Chainlink staking initiative has gained traction, with participants earning rewards and strengthening the network’s decentralization.
These developments have contributed to renewed investor confidence, reflected in the recent price surge.
Technical Analysis
Current Market Metrics
- Price: $14.37
- 24h Change: +3.53%
- 24h High/Low: $14.38 / $13.81
- 24h Volume: $49,279,491
Moving Averages
- SMA (7-day): $13.70 (Bullish crossover with current price)
- SMA (20-day): $13.28 (Bullish trend continuation)
- SMA (50-day): $13.85 (Price slightly above, confirming short-term bullish momentum)
- SMA (200-day): $16.48 (Price still below, indicating a long-term bearish trend)
The 7-day and 20-day SMA suggest strong short-term momentum, while the 200-day SMA shows the need for further gains to confirm long-term bullishness.
Momentum Indicators
- RSI (14): 58.87 (Neutral to bullish, room for further upside)
- MACD: 0.0967 (Bullish crossover with Signal: -0.0780, Histogram: 0.1747 indicates growing momentum)
- Stochastic Oscillator: %K: 99.39, %D: 94.21 (Overbought zone, signaling a potential short-term pullback)
The RSI and MACD support a bullish outlook, though the Stochastic Oscillator warns of slight overextension.
Bollinger Bands
- Upper Band: $14.53
- Middle Band: $13.28
- Lower Band: $12.02
- %B: 0.9353 (Near the upper band, indicating strong buying pressure)
The price nearing the upper Bollinger Band suggests bullish momentum but also the possibility of consolidation.
Key Levels
- Resistance 1: $14.38 (Immediate resistance, already tested)
- Resistance 2: $17.16 (Major hurdle for a bullish breakout)
- Pivot Level: $14.19 (Strong support for bullish continuation)
- Support 1: $10.94 (Critical downside protection)
- Support 2: $10.26 (52-week low and ultimate support)
Trend
The overall trend is, with short-term indicators pointing to continued upside momentum, though long-term resistance at $16.48 (200-day SMA) remains a challenge.
Trading Recommendations
Based on the current analysis, here are actionable trading tips:
For Short-Term Traders
- Entry Point: Consider buying near the pivot level of $14.19 or on dips closer to $13.85 (50-day SMA).
- Profit Target: Set initial targets at $14.38 (Resistance 1) and $17.16 (Resistance 2).
- Stop Loss: Place a stop loss below $13.28 (20-day SMA).
For Long-Term Investors
- Accumulation Zone: Accumulate below $13.50, focusing on the $10.94 support level if the price retraces.
- Upside Potential: A break above $16.48 (200-day SMA) could signal a long-term bullish trend reversal, with a path toward $20 and beyond.
Risk Factors
Conclusion
Chainlink (LINK) shows promising signs of bullish momentum, with a 3.53% 24-hour gain and strong short-term technical indicators. However, traders should remain cautious of overbought conditions and key resistance levels. Both short-term traders and long-term investors can capitalize on LINK’s potential by following the outlined strategies.
Stay updated on Chainlink’s developments and market trends to maximize your trading opportunities.
Image source: Shutterstock- crypto
