LINK finally shows some movement this week. After several weeks of being squeezed within a triangle, it is now brewing a volume breakout past the key resistance at $14.50.
From a technical perspective, the MACD has already formed a second golden cross above the zero line, and the RSI still has room to climb further. This kind of signal does carry some weight. Many traders are eyeing the 13.90-14.15 range, with stop-loss set at 13.20.
More importantly, the fundamental logic — in 2026, institutional interest in RWA (Real World Assets) will significantly increase, and LINK, as a leading oracle provider, plays a role in underlying infrastructure that is hard to replace. This is not just a technical breakout; there is also industry cycle support behind it.
Once it stabilizes above 14.50, the targets are relatively clear: the first at 15.00 (about +7%), and the second at 16.50 (about +18%). The key is whether this breakout can confirm with effective volume; otherwise, it may continue to grind sideways.
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BearMarketSurvivor
· 6h ago
It's the same old story, talking about volume breakthroughs and all... You said the same thing last time, and what happened? It broke at 13.20.
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FromMinerToFarmer
· 6h ago
Wait, I don't quite understand the logic behind RWA... Why does the oracle have to be Link? Are these two so tightly linked?
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gas_fee_trauma
· 6h ago
Both squeezing and breaking through, after so long of grinding, is LINK finally going to move? I don't believe you.
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GateUser-addcaaf7
· 7h ago
After grinding for so long, it's finally moving, but I still want to see a real surge in volume; otherwise, it's just another fake breakout.
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BoredApeResistance
· 7h ago
Wait, can 14.50 really break through? Feels like they're going to scam me into selling at a loss again.
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CafeMinor
· 7h ago
After grinding for so long, there's finally some signs of a pattern, but I still want to see if it can really hold steady at 14.50. The previous times were just false alarms.
LINK finally shows some movement this week. After several weeks of being squeezed within a triangle, it is now brewing a volume breakout past the key resistance at $14.50.
From a technical perspective, the MACD has already formed a second golden cross above the zero line, and the RSI still has room to climb further. This kind of signal does carry some weight. Many traders are eyeing the 13.90-14.15 range, with stop-loss set at 13.20.
More importantly, the fundamental logic — in 2026, institutional interest in RWA (Real World Assets) will significantly increase, and LINK, as a leading oracle provider, plays a role in underlying infrastructure that is hard to replace. This is not just a technical breakout; there is also industry cycle support behind it.
Once it stabilizes above 14.50, the targets are relatively clear: the first at 15.00 (about +7%), and the second at 16.50 (about +18%). The key is whether this breakout can confirm with effective volume; otherwise, it may continue to grind sideways.