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Bitsky000

07/09 17:01

LINK Attempts Breakout Beyond $14 Resistance as Co

LINK Attempts Breakout Beyond $14 Resistance as Consolidation Zone Unfolds into Rounded Bottom Formation

LINKUSDT_2025-07-09_11-55-47.png
  • Chainlink finalizes CCIP integration with Base and Optimism, expanding oracle functionality into high-performance Layer‑2 networks across Ethereum environments.
  • Institutional interest grows as leaked RWA testnet partnerships and JPMorgan, Mastercard integrations spotlight LINK’s role in TradFi‑DeFi bridges.
Chainlink (LINK) is trading at $14.01, with a 4.08% gain in the last 24 hours and a 6.17% increase over the past week. The asset maintains a market capitalization of $9.5 billion, ranking it #17 globally, with a 24-hour trading volume of over $428 million.LINK remains 73% below its all-time high of $52.70, but continues to demonstrate resilience and steady accumulation around key structural supports in the $13–$14 region.From a technical perspective, LINK is attempting a breakout from a broad multi-month consolidation zone. The price is now hovering above its short-term support at $13.80, with momentum building toward a challenge of the $14.50–$15.00 resistance range.
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