{"content":"Chainlink Price Analysis: 💥💥💥💥 On the daily chart, LINK is nearing a critical resistance zone at $17.50–$18.00. This level has been a rejection zone in the past. And a failure to decisively close above could trigger a short-term correction. However, if bulls manage to push the price above this level, the next major target lies near the $20 psychological level. The RSI currently reads 75.82, suggesting overbought conditions and a possible pullback to be on the horizon. Successively, Bollinger Bands are also expanding, confirming the volatility surge, while LINK is trending above its 20-day SMA at $14.46, which now acts as dynamic support. Volume has picked up to $873.04 million, increasing by 8.99%, bolstering the conviction behind the price move. Contrarily, the Immediate support is seen at $15.25, a key breakout level that could act as a retest zone if a pullback occurs. In summary, a daily close above $17.50 could trigger the LINK price for the next wave toward $20. However, it is worth noting that a rejection at this level might invite short-term profit booking.$LINK {spot}(LINKUSDT)","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/17/e6a0ca2e143c4cc9a35ffb69f34697f4.png"],"tags":[],"tradingPairs":["LINK/USDT"],"quotearticleid":0}