LINK Price Prediction: Chainlink’s RWA Partnerships Could Ignite $15 LINK Price Surge
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Let’s discover the latest LINK price prediction as Chainlink trades between $12 and $13 with technical data hinting at key breakout or breakdown levels.Chinlinck experienced a disappointing first quarter this year, and its April performance seems to be following that trend. From the start of April, the Chainlink price has been going back and forth between $12 and $13. As per the technical LINK price prediction, there are not many signs of a short-term surge. However, a well-known crypto analyst has presented his research on the most important price level to monitor in the long term. Additionally, with the ongoing growth of the RWA sector, a LINK price surge in the medium to long term is possible.
Can Chainlink Hold Its Ground at Crucial Support Levels?
Ali Martinez, a renowned crypto analyst, recently published an X post where he gave on-chain data and insights. This analysis uses the cost basis of this crypto token to find the most essential support and resistance levels for LINK. These levels would be determined by the total number of investors who bought or sold coins at that level. As apparent in the chart provided in the X post, each circle represents an essential Chainlink price point. Each circle gets bigger or smaller based on the number of purchases that were made at that price level.
Key support for #Chainlink $LINK sits at $12.28, while the main resistance barrier to watch is $14.58! pic.twitter.com/gLYSO7NQYK
— Ali (@ali_charts) April 18, 2025
The green circles are the probable supports, and the red circles are the important resistances. One of the most important current support zones is between $12.28 and $12.62. This level saw the purchase of 26.55 million LINKs by 11,130 different addresses. As many investors bought in this zone, they would likely defend this zone with more capital as well. As such, this level can also trigger a LINK price surge as it forces investors to buy. Additionally, there is also an important resistance level between the $14.19 and $14.58 price points.
LINK Price Prediction: $15 Possible?
Between $14.19 and $14.58, nearly 20K addresses bought over 21M tokens. As such, if we see a LINK price rally, some investors are set to sell on this level to avoid accumulating losses again. We can use this level as an important resistance level in our LINK price prediction. This is because a break in these essential levels could push the Chainlink price significantly higher or lower. On the bullish side, if the bulls break the $14.19 level, they can push the price to $15. In a bearish scenario where $12.28 support is lost, we could see a drop to $11.
Can LINK Start a Rally from RWA Deals?
A LINK price rally in the long term can also be ignited by Chainlink RWA partnerships. A number of different companies have partnered with Chainlink to enhance their tokenized assets projects. For instance, the Coinbase Diamond Project offers cross-chain services using the Chainlink RWA tools. Another big collaboration is the Fireblocks partnership, which mainly includes helping create and maintain stablecoins. These services start from the minting process to the transfer process of tokens. A new collaboration related to this sector could also help with the short-term price action.
Chart 1 – LINK/USD Daily chart, published on TradingView, April 20, 2025
According to Chart 1, the current RSI stands at 50 while the RSI moving average is 60. This could signal the start of a bearish trend or a consolidation period. Additionally, we could also see a weakening ADX that shows the bearish price actions are ending. As such, the LINK price will likely continue its current consideration phase.
Is LINK the Future of Finance?
As we discussed, Chainlink is a major player in the asset tokenization industry. As such, this token is set for significant long-term growth as this sector is projected to grow significantly. Additionally, we also have the current major support and resistance levels, which can help investors in their investments. However, the general market news remains important to follow.
The post LINK Price Prediction: Chainlink’s RWA Partnerships Could Ignite $15 LINK Price Surge appeared first on Coinfomania.
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