TLDR:
- Chainlink price broke a long-term downtrend and now retests the $17–$18 support zone.
- Volume surged on the breakout, but sustained demand is now needed to push higher.
- Resistance lies at $20.50, then $25, with $35 as the next major milestone.
- Traders await a catalyst to fuel narrative-driven bids above current levels.
Chainlink is now holding steady near a crucial level. Traders are watching closely as the price tests the $17–$18 support zone.
The move comes after a clean breakout from a long-term downtrend. Despite strong fundamentals and a bullish structure, questions around momentum remain. The market wants to see if there’s enough fuel to push LINK toward new highs.
According to analyst PostyXBT’s 12-hour LINK chart, a shift in momentum after breaking out of a long-standing descending trendline is evident. This structure, dating back to late 2024, had previously capped upward moves.
Man I'm really in two minds about this one.
I do think Chainlink is one of the most solid companies in crypto and adds a lot of value.
Chart looks great here too.
But who is gonna bid this to new all time highs?
We know crypto runs on hype and attention…
Convince me… pic.twitter.com/rYGMJNvYyr
— Posty (@PostyXBT) July 25, 2025
Since mid-June, LINK has formed higher highs and higher lows, a classic sign of a bullish trend.
Volume surged during the breakout, adding credibility to the move. The price is now back to retest the former resistance zone around $17–$18, which flipped into support. So far, this retest looks constructive, with no signs of heavy selling.
Chainlink Price Action and Current Support Zone
As of this writing, LINK is trading at $17.52, down 2.17% over the last 24 hours, according to CoinGecko.
It’s also declined 5.56% over the past week, reflecting short-term weakness. However, this drop appears to be part of a controlled pullback rather than panic-driven selling.
Traders are closely monitoring this level. If the $17 zone holds, it could provide the base for another move higher. Above, key resistance zones sit at $20.50, then $25, with $35 marking the area LINK must cross for new all-time highs.
Crypto analyst PostyXBT said the chart looks strong but questioned whether LINK can draw enough attention to break new ground. The concern isn’t technical; it’s about narrative and capital rotation. Crypto cycles are driven by hype and liquidity, not just fundamentals.
That’s the sticking point. Chainlink has solid use cases and institutional presence, but big moves often require big buzz. Without a clear catalyst, traders wonder who’s going to step in and bid it past $30.
What Comes Next for LINK
The current setup shows strength, but execution depends on buyers showing up. The volume spike during the breakout was promising. Now, LINK needs sustained demand above $20 to confirm the next leg.
Chainlink’s CCIP rollout, increased oracle demand, or broader market shifts could reignite interest. For now, holding above $17 remains key. If that floor cracks, the structure may take longer to play out.
LINK’s chart looks ready; now it’s about timing and attention.
