Price Analysis View Non-AMP

Chainlink Launches Real-Time Data – Will LINK Price Hit $17.64 Next?

Published by
Shrishesh Tanksalkar

Chainlink has made a game-changing leap into real-world asset tokenization with its latest innovation, which is real-time data streams for U.S. equities and ETFs. These streams bring sub-second, context-rich pricing for key assets such as AAPL and SPY directly onchain. Already integrated by platforms like GMX and Kamino, this move positions Chainlink as the infrastructure layer for institutional-grade DeFi. But does this innovation reflect in LINK’s price? Let’s dive into the charts and recent metrics to find out.

At the time of writing, LINK is changing hands at $16.49, while being down -6.91% over the past 7 days. However, it is worth noting that the price bounced off a key support zone at $15.83. This suggests that buyers are stepping in after last week’s sell-off.

Speaking from a technical perspective, LINK recently saw a bearish MACD divergence, indicating exhaustion after July’s strong 21% rally. This was followed by a classic rejection at the upper Bollinger Band and the 20-day SMA, which is currently near $17.76.

Looking ahead, $17.64 is the immediate resistance for Chainlink price. A break above this level could initiate a move towards the next major resistance at $20.22. Traders need to note that it is a level where heavy profit-taking was previously seen. Conversely, failure to hold above $15.83 could drag the price down to the $12 zone. 

Talking about RSI, it stands at 47.95, indicating neutral momentum but with a slight upward curve, hinting at a potential recovery if volumes confirm. However, 24-hour trading volume dropped by -13.81%, now this is a sign that the recent rebound may lack strong conviction.

FAQs

What is the recent news on Chainlink?

Chainlink’s recent data stream launch brings real-time U.S. equities and ETF pricing onchain, enabling secure and compliant financial products tied to real-world assets.

Is now a good time to buy LINK?

LINK is near key support with a potential breakout above $17.64. Conservative traders may wait for confirmation.

What’s next for Chainlink’s ecosystem?

Future plans include expanded data coverage (commodities, OTC, forex), developer SDKs, and granular financial insights.

Shrishesh Tanksalkar

Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

Recent Posts

Tensions Rise as Ex-SEC Chief Warns of Crypto Meltdown

Former US Securities and Exchange Commission (SEC) chief of staff Amanda Fischer released a warning…

August 6, 2025

Kaspa Coin Price Prediction 2025, 2026 – 2030: Will KAS Hit $0.35?

Story Highlights The live price of the Kaspa token is Kaspa could reach a maximum…

August 6, 2025

Moonchain (MXC) Price Prediction 2025, 2026-2030: Should You Buy MXC?

Story Highlights The MXC price today is . The Moonchain (MXC) price could hit a…

August 6, 2025

xStocks Trading Volume Tops $2 Billion with TSLAx Leading Holder Growth

xStocks tokens have surpassed a total trading volume of $2 billion across centralized (CEX) and…

August 6, 2025

Cardano’s Hoskinson Celebrates $NIGHT Redemptions Milestone: “I’m Blown Away”

This is a huge milestone for the Cardano ecosystem and everyone’s talking about it.  In…

August 6, 2025

Yearn.finance ($YFI) Price Prediction for 2025, 2026, 2027 – 2030: Is YFI A Good Investment For Future?

Story Highlights The Live Price Of Yearn.finance The Yearn.Finance (YFI) price has been forming a…

August 6, 2025