🔗 Technical Analysis $LINK (August 19, 2025)
Current Price: approx. 24.17 USD (today's range: 26.54 – 24.00)
🔍 Technique (D1 / H4)
• Trend: after breaking above 21 USD, the market entered a momentum phase on increased volume.
• Supports: 24.4 – 24.0 USD, lower 23 – 22 USD (loss of 22 USD will negate the breakout).
• Resistances: 26.3 – 26.5 USD (local trigger), above 30 USD (psychological), and then 34 – 36 USD. Only above 36 USD does the path open up to 40 – 42 USD.
• Momentum: RSI and momentum suggest a potential short correction before the market attacks the 26.5 – 30 USD zone.
📈 Scenarios
Bullish (if volume holds):
• Holding 24 – 24.4 USD and breaking above 26.5 USD → target 29.8 – 30.5 USD, and with acceleration even 34 – 36 USD. Above 36 USD, potential movement towards 40 – 42 USD.
Bearish / consolidation:
• Rejection at 26.5 USD and breakdown below 24 USD → test 23 – 22 USD. Loss of 22 USD opens the way to 20 – 21 USD (retest of the breakout).
⚡ Fundamentals and Catalysts
• Institutional adoption: further implementations of CCIP and Price Feeds on multiple blockchains.
• Asset tokenization: collaboration with banks and financial institutions in the area of tokenization.
• Whale activity: large wallet purchases supported the recent move above 21 USD.
🗣 Rumors and Market Whispers
• The community speculates about an attack on 30 USD and later 40 – 50 USD by the end of the year, if there are further CCIP implementations in institutions.
• Expectations for expansions of asset tokenization pilots (after earlier tests with the banking side).
🎯 Potential Approaches (framework, not signals)
• Momentum trade: entries after retests of 24.4 – 24.0 USD with protection below 23.6 USD; targets: 26.5 / 30.5.
• Breakout play: closing the day above 26.5 USD on high volume → target 30 and 34 – 36 USD with a trail stop.
• Risk: possible false breakouts above 26.5 USD, hence volume and market reaction are key.