ChainLink (Link) has risen nearly 20% from last week’s DIP, indicating investor sentiment and price forecast rebounds. The volume increases, volatility recovers, and the link forms a base structure that can mark the end of the accumulation stage. Cryptocurrency is on the rise following the announcement of a new partnership with credit card provider MasterCard. Beyond $13, investors are hoping to prove July is bullish and send back a link that is likely over $20.
ChainLink (Link) is currently trading above the high 25% in May, reflecting the growing macroeconomic uncertainty and geopolitical tensions, particularly the impact of the recent Middle East conflict on the broader market. Despite these pressures, the links were able to remain within steady integration. This shows resilience as the crypto market is waiting for the next critical move. Crypto analyst Henry Lord of Alts says ChainLink has endured months of downtrends and silence, but structural changes are ongoing. His analysis highlights that long-standing downtrends have broken and that links have entered a clear accumulation and integration phase.
“These zones often come before the biggest move,” Henry points out in X’s post. The Link price is currently above the 50-day Simple Moving Average (SMA) and is working for $13.50 for short-term support. If this is true, it could potentially promote ChainLink cryptocurrency rally that enters July, as many analysts predict. A clear break above the next resistance level of $14.65 can confirm a breakout and signal the onset of a larger movement towards the $17-18 range. Once you reach that, the path to linking from $25 to $30 is imminent.
Furthermore, as crypto asset adoption continues to grow, the latest collaboration between MasterCard and ChainLink will help drive a new wave of users filling the gap between crypto technology and real-world ease of use. Therefore, assets like ChainLink are promising for crypto investments. Institutional interest in cryptocurrencies is at the highest ever, blockchain technology has grown in popularity and leaked into crypto hype. Additionally, rising links and other crypto assets continue to move towards July, revealing a potentially large month.
