{"id":42839,"date":"2025-08-19T04:16:44","date_gmt":"2025-08-19T04:16:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42839"},"modified":"2025-08-19T04:16:44","modified_gmt":"2025-08-19T04:16:44","slug":"link-jumps-18-weekly-whats-driving-chainlink-to-a-6-month-peak","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42839","title":{"rendered":"LINK Jumps 18% Weekly: What\u2019s Driving Chainlink to a 6-Month Peak?"},"content":{"rendered":"<div>\n<p><b>TL;DR<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Chainlink breaks multi-month resistance with volume, pushing the price above $25 and nearing the key $29 level.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Whale wallets added 1.1 million LINK this week, showing strong confidence despite minor pullbacks.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Chainlink leads RWA development with new ETF data feeds, boosting its institutional adoption narrative.<\/span><\/li>\n<\/ul>\n<h2><b>Breakout Clears Long-Term Resistance<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Chainlink (LINK) has gained over 18% in the past week and is currently trading around $25. The move followed a breakout above a key resistance area between $20 and $21. This zone had previously rejected the price multiple times since early 2025.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Notably, the <\/span><a href=\"https:\/\/cryptopotato.com\/link-skyrockets-by-double-digits-while-btcs-consolidation-continues-weekend-watch\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">breakout<\/span><\/a><span style=\"font-weight: 400;\"> came with strong volume, pushing the asset well above the 200-day moving average. The green zone on the chart marked a supply region, which is now acting as support. The current structure shows price consolidating after the breakout, holding above support for now.<\/span><\/p>\n<h2><b>Targets and Scenarios<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Analysts expect a move to $29 if the broader market holds steady. Crypto analyst Emperor <\/span><a href=\"https:\/\/x.com\/EmperorBTC\/status\/1957412667737665929\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400;\">said<\/span><\/a><span style=\"font-weight: 400;\">,\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cIf BTC holds $115,000 and LINK consolidates, I expect this to move toward $29.\u201d\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">The chart shows that $29 marks a weekly resistance level.\u00a0<\/span><span style=\"font-weight: 400;\">A pullback scenario is also possible if market sentiment weakens.\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cA retest of $20 could happen if there\u2019s a slow bleed in altcoins,\u201d the same trader added.\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">However, due to the speed of the recent move, a sharp drop appears less likely unless broader conditions shift.<\/span><\/p>\n<h2><b>Whale Accumulation on the Rise<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">On-chain data shows a rise in large holder activity. Whale wallets have added over 1.1 million LINK in the last seven days\u2014valued at around $27 million. Smart money addresses also increased holdings by over 12% during the same period.<\/span><\/p>\n<figure id=\"attachment_409073\" aria-describedby=\"caption-attachment-409073\" style=\"width: 2810px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-18-at-10.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-409073\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-18-at-10.png\" alt=\"Chainlink (LINK) whale activity\" width=\"2810\" height=\"1276\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-18-at-10.png 2810w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-18-at-10-300x136.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-18-at-10-1024x465.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-18-at-10-768x349.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-18-at-10-1536x697.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-18-at-10-2048x930.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-18-at-10-50x23.png 50w\" sizes=\"auto, (max-width: 2810px) 100vw, 2810px\"><\/a><figcaption id=\"caption-attachment-409073\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/app.nansen.ai\/token-god-mode?tokenAddress=0x514910771af9ca656af840dff83e8264ecf986ca&amp;chain=ethereum&amp;tab=token-distribution\" data-wpel-link=\"external\" target=\"_blank\">Nansen<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">This activity has been backed by renewed accumulation from the top 100 LINK wallets. These shifts suggest that large buyers are stepping in while the token gains momentum.<\/span><\/p>\n<h2><b>Chainlink Expands Role in RWA Sector<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Development around real-world asset (RWA) tools is drawing attention. Chainlink has launched data feeds for U.S. equities and ETFs. One analyst <\/span><a href=\"https:\/\/x.com\/MerlijnTrader\/status\/1957110170477339052\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400;\">posted<\/span><\/a><span style=\"font-weight: 400;\">,\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cChainlink is delivering what institutions need for tokenized markets.\u201d He added, \u201cThe LINK era is here. This is just the beginning.\u201d\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">The project is now ranked first in RWA development activity, <\/span><a href=\"https:\/\/x.com\/santimentfeed\/status\/1957447735025528869\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400;\">according<\/span><\/a><span style=\"font-weight: 400;\"> to Santiment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Chainlink\u2019s price remains near short-term highs, with $29 in focus as the next possible resistance zone. Traders are watching price action closely as the broader altcoin market looks for direction.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/link-jumps-18-weekly-whats-driving-chainlink-to-a-6-month-peak\/\">LINK Jumps 18% Weekly: What\u2019s Driving Chainlink to a 6-Month Peak?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Chainlink breaks multi-month resistance with volume, pushing the price above $25 and nearing the key $29 level. Whale wallets added 1.1 million LINK this week, showing strong confidence despite minor pullbacks. Chainlink leads RWA development with new ETF data feeds, boosting its institutional adoption narrative. Breakout Clears Long-Term Resistance Chainlink (LINK) has gained over [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42839","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42839"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42839\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}