LINK – Oracle Infrastructure Surging on Institutional & Regulatory Catalysts

With a ~12% surge after the Genius Act enabling U.S. banks to custody crypto, $LINK is reclaiming $18–19, reinforcing its core role as the oracle backbone for DeFi and real-world asset tokenization.

1. Quick Update:

Trading at $18.17 (+6.1%), range $16.82–19.09; volume ~$1.54B; Market cap ~$12.6B.

Sentiment bullish with greed index ~73.

2. Catalysts:

Short-term: Genius Act clarity; breakout above $18 [5].

Long-term: CCIP/SWIFT protocol integrations, institutional accumulation; oracle demand increases.

3. Technical & Scenarios:

Breakout above $18 from consolidation; bullish EMAs; RSI healthy; MACD positive.

Support $16.00–16.50; resistance $18.00–18.50 → breakout target $22–27.

4. Strategy:

Traders: Buy $17.50–18.00; SL <$16.50; TP $20–22.

Holders: Accumulate $16–17; invalid < $15.50; Target $22–27 on institutional expansion.

⚠️ Not financial advice. DYOR & manage risk.