- Chainlink has flipped $14 resistance into support, showing signs of a potential breakout.
- The launch of ACE and growing institutional partnerships add bullish strength to LINK’s outlook.
Chainlink (LINK) is finally showing signs of life after months of stagnation. The coin has been hovering in a tight range, but recent action suggests a potential breakout. Analysts point out that LINK has flipped its $14 resistance into support, a move supported by a surge in trading volume, which exceeded $430 million in the past 24 hours.
When alts finally bottom, the move won’t be slow — it’ll be violent.
Look at $LINK on the HTF. If you think that chart’s bearish, you don’t understand markets.
This is multi-year reaccumulation. Classic uptrend structure — higher lows, higher highs, and grinding up over time.… pic.twitter.com/bEzZnGLWyX
— The Penguin (@KayneStanway) July 9, 2025
While the price still faces resistance at $14.30 and must clear $14.50 for a sustained uptrend, the groundwork seems to be forming. Technical indicators remain mixed, with EMAs crossing erratically. However, bullish sentiment across the crypto market and Chainlink’s consistent support above $13.20 are encouraging signs.
Introducing Chainlink ACE: Powering Compliance for Tokenized Assets
Adding to the optimism is Chainlink’s latest innovation—Automated Compliance Engine (ACE). ACE is designed to simplify on-chain compliance for tokenized assets, an area expected to grow to $16 trillion by 2030. The initiative is backed by major players like Apex Group, GLEIF, and ERC-3643, making it a significant step toward mainstream adoption.
ACE enables secure identity management, cross-chain transactions, and DeFi integration. The platform’s real-world utility is a bullish driver, especially following Chainlink’s recent partnership with Mastercard, which previously triggered a 20% surge in LINK’s price from $11.3 to $13.5.
Is $20 LINK Realistic in July?
The potential for LINK to reach $20 hinges on breaking through $14.50 and maintaining upward momentum. If bulls maintain control, a run toward $16 and beyond isn’t out of the question. However, failure to hold current levels could send the price back to the $13 range, with $12.50 being the next major support.
For now, all eyes are on whether the recent surge can hold. With ACE providing fresh utility and institutional interest building, Chainlink may be poised for a significant breakout.
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