Chainlink (LINK) has surpassed the 15 USD threshold, reigniting upward momentum with strong buying pressure and increased wallet activity, revealing opportunities towards 20 USD.
The positive developments are further supported by the dominance of long-term holdings, reflecting solid investor confidence in both the spot and derivatives markets.
MAIN CONTENT
With continuous growth in buying volume and wallet activity, Chainlink has broken through the 15 USD mark.
The Long position ratio stands at 71%, with consensus between the Spot and Futures markets providing a solid foundation for the bullish trend.
The resistance range of 15.5–16 USD is the key point determining the ability to break through to the 20 USD price level.
Are the buyers really in control of the market?
The cryptocurrency market analysis expert, CEO of CryptoQuant, asserts that the 90-day Cumulative Volume Delta indicates a clear dominance of buying pressure in both the spot and derivatives markets.
The simultaneous coordination of strong buying pressure in both markets indicates that LINK's upward trend is not merely a temporary speculative phenomenon but is based on genuine belief from professional investors.
"Strong and synchronized buying pressure on both spot and futures markets proves significant investor confidence in Chainlink."
CEO of CryptoQuant, July 2025
What is driving LINK's price increase?
On-chain data from IntoTheBlock reveals that the number of active wallets (Active Addresses) increased by 53.79%, new wallets created rose by 9.21%, and particularly the number of wallets with no balance increased by nearly 91% in the past week, demonstrating a revival of accumulation.
The large participation of the user community shows that the Chainlink network is being strengthened from the community foundation, increasing the sustainability of the rise beyond the psychological threshold of 15 USD.
Does the derivatives market accurately reflect the trend in the spot market?
Data from CoinGlass shows that the Long/Short ratio on Binance reached 2.45, with 71.03% of LINKUSDT accounts holding Long positions, demonstrating investors' expectations for continued price increases in both markets.
The derivatives market also aligns with the on-chain trend, reflecting a broad consensus rather than just a few individual whales dominating.
"The price range of 15.5–16 USD is a crucial dividing point: if surpassed, buying pressure will be strongly activated, accelerating the upward momentum."
CoinGlass Market Expert, mid-July 2025
Liquidity data indicates that the range from 15.5 to 16 USD is where many short positions are concentrated for liquidation. If LINK's price breaks through this range, the forced liquidation event will drive a strong push for the subsequent increase.
Conversely, if not surpassed, selling pressure may increase, causing price corrections or stagnation.
Is Chainlink heading straight to the 20 USD mark?
The series of indicators showing buying volume, network activity growth, and the trend of holding Long positions in the derivatives market all enhance the credibility of the potential for strong price increases.
If buying pressure maintains its advantage and the 15.5–16 USD area is turned into support, LINK has the potential to break through to 20 USD, creating a pivotal upward trend in the cryptocurrency market.
Frequently Asked Questions
Is the bullish trend of Chainlink sustainable?
Through on-chain data and the derivatives market, the bullish trend of LINK is supported by real buying pressure and an increase in wallet activity, indicating sustainability in the short to medium term.What does the price range of 15.5–16 USD signify?
This is an important resistance level containing many short positions that need to be liquidated, determining LINK's breakout potential or price correction.How does the Long/Short ratio affect LINK's price?
A majority Long ratio demonstrates bullish expectations from investors in the derivatives market, contributing to the bullish trend on the spot market.How does increased wallet activity benefit LINK?
The rise in active wallets and new wallets indicates increasing participation from investors, boosting liquidity and enhancing trust in the network.How soon can Chainlink reach 20 USD?
Based on current momentum, if the support range of 15.5–16 USD is maintained, the potential to reach 20 USD could occur in the coming weeks.
Source: https://tintucbitcoin.com/chainlink-vuot-15-usd-huong-20-usd/
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