Are you planning to buy LINK but don’t know if it is the right time? Follow through the technical analysis and identify if LINK is worth it in your wallet! On February 20, 2025, around 03:30 UTC, LINK broke past a key resistance level of $18.20 on Binance’s LINK/USDT chart. This bullish move follows a prior consolidation between the $17.70 support and $18.20 resistance. Earlier, LINK began the day trading near $17.90. The breakout above $18.20 was confirmed with increased volume and upward momentum. At 02:25 UTC, a golden cross on the MACD signaled potential further bullish movement. Simultaneously, the RSI crossed above 70, entering overbought territory and reflecting heightened buying pressure.
Chart 1 – Analyzed by baishnabtriparna, published on TradingView, Feb 20, 2025
Throughout February 19, the previous day, LINK had been oscillating within a range, bouncing off the $17.70 support multiple times. However, the downtrend that began around 15:00 UTC yesterday led to a death cross on the MACD at 18:!5 UTC and pushed prices lower until buyers stepped in at the $17.70 level. After that, LINK’s price rebounded, leading to a breakout above $18.20. The key question now is whether LINK can hold above its newly broken resistance level. If LINK sustains its momentum, the next potential target could be around $18.80. However, failure to hold above $18.20 may trigger a retest of the $17.70 support. For now, bullish momentum remains dominant, with market participants looking for further price action confirmation.
Best Coins to Buy as LINK Breaks Resistance – What’s Next?
Chainlink (LINK) surged past the $18.20 resistance level, confirming a strong breakout backed by rising volume and bullish technical signals. However, the RSI is entering an overbought territory. With volatility looming, investors are shifting focus to early-stage crypto presales with massive growth potential. Aureal One is pioneering AI-powered blockchain solutions for smarter, more profitable investing, while DexBoss, a next-gen DeFi platform, offers advanced trading tools and high-yield staking rewards. These presales present a golden opportunity for those seeking the best crypto coin to invest for explosive gains.
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Presale Information
- Current price: $0.0013
- Listing price: $0.005
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Presale Overview
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Looking Forward
Chainlink (LINK) has confirmed a breakout above $18.20, signaling strong bullish momentum. However, the RSI is in overbought territory. While traders await confirmation of the next move, early-stage crypto presales are gaining traction. DexBoss, a next-gen DeFi platform, and Aureal One, an AI-powered blockchain gaming project, are emerging as the best crypto coin to invest in for high-growth opportunities. As the market gears up for its next bull run, these presales offer investors a strategic chance to secure early positions in the next big crypto breakout.
