TLDR:
- LINK price breaks $17.46 after long-range bound trading, sparking bullish signals.
- Volume surges as price targets $22, with $28 also in sight if trend holds.
- CCIP adoption and regulatory progress drive Chainlink’s long-term outlook.
- Drop below $17.46 could trigger retest of $14 support if momentum weakens.
Chainlink is picking up speed. The token just broke past a key resistance after months of sideways movement. This breakout has triggered talk of a stronger rally toward $22, and possibly even $28.Â
Traders are watching closely as volume builds and momentum increases. The market may be setting up for a longer run if demand stays intact.
LINK Price Breaks Out of Range
Chainlink surged past the $17.46 resistance level, which had capped the price since April. Ali Charts highlighted the move in a recent tweet, noting renewed strength as buyers reclaimed control. The breakout follows a long accumulation phase between $14 and $17.46.
Chainlink $LINK looks ready to break out, with eyes on $22 and possibly extending to $28! pic.twitter.com/FVreWNjGB9
— Ali (@ali_charts) July 18, 2025
Volume spiked as the price moved through resistance, signaling strong interest behind the push. This breakout marks the first real attempt to retest the $22 zone in months.
Analysts now see $22 as the next logical resistance. If price clears that area, the $28 level, previously an all-time high, comes into play. Ali noted that the structure supports this outlook, provided the move continues with volume.
Market watchers are paying attention to the Relative Strength Index as well. While not overbought yet, a sharp rise could cool things down before another leg higher.
Chainlink Macro Narrative Builds
Beyond the chart, macro narratives are fueling sentiment. Commentators like Bubbafox say Chainlink is more than just another altcoin. He pointed to regulatory progress and institutional interest as signs that LINK’s role in crypto infrastructure could expand.
$Link Last shill of my life…no more spoonfeeds…its over.
.
The Chainlink Supercycle Is Loading:
You’re not early anymore,
You’re just not too late.Regulatory clarity is here…
Institutional mandates are coming.
The financial system is about to flip the switch…And… pic.twitter.com/D2ajy6MU3T
— Bubbafox (@bob4punk) July 18, 2025
The Cross-Chain Interoperability Protocol (CCIP), built by Chainlink, is often mentioned in this context. It could be the backbone for moving assets between blockchains as traditional finance steps into tokenized systems.
Despite the breakout, the rally is not without risk. If volume dries up or the price slips back below $17.46, the setup could fail. Traders could then see a quick pullback to the $14 range.
Overbought signals could also trigger short-term selling pressure, especially if the market cools or macro conditions shift.
For now, though, Chainlink is on the move. With price momentum, increasing volume, and growing interest in its real-world use case, LINK may have more room to run.
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The post LINK Price Eyes $22 Breakout as Chainlink Crypto Bulls Return appeared first on Blockonomi.
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This articles is written by : Nermeen Nabil Khear Abdelmalak
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