Chainlink (LINKUSD) Price Swinging up to $26.00 Supply Level

Chainlink (LINKUSD) Price Forecast: July 21

Today, the LINKUSD pair is swinging up and could reach as high as the upper channel due to rising forces from the bulls. The coin is gaining traction with a robust bullish trend and may continue to push higher if the long-term investors don’t relent. Thus, a potential breakout above $24.45, the prior resistance, could bolster the bullish momentum and target the $26.00 upper resistance before a range breakout.

Key Levels:
Resistance Levels: $17.00, $18.00, $19.00
Support Levels:   $11.00, $10.00, $9.00

LINK (USD) Long-term Trend: Bullish (Daily Chart)

The long-term market value of Chainlink rebounded after its downward move. The coin is swinging up in a bullish market trend.
Bullish pressure in the recent session helped the crypto market regain stability. The price remains above the supply level.

LINKUSD buyers pushed the price up to a $18.52 high level above the EMA-50. This pullback on the daily chart is due to growing concerns from buy investors.

Therefore, should the bulls increase their swagger, the price may rise above the key resistance levels around the $24.45.

The upward-pointing momentum indicator suggests Chainlink is on an upward path. The price may continue rising, reaching the $26.00 supply level and beyond, where strong resistance awaits.

LINK (USD) Medium-term Trend: Bullish (4HChart)

LINKUSD pair is currently trading in the bullish market zone. The coin price is above the EMA line and might swing up to the overhead resistance level.
The high bullish momentum at the $17.59 supply has enabled the token price to stay strong above the resistance line in its new correction.

Shortly after the 4-hour session began today, the bulls staged a corrective rally, reaching a high level of $18.52 above the moving averages, indicating a robust upward trajectory.

Therefore, the prospective rally might surge towards the upper channel, providing coin traders with a good entry point, if the price of the cryptocurrency can hold above the high level of $18.77.

Notably, the price indicator shows that the Chainlink price is upward, implying that the buying pressure will persist.

In light of this, the bullish race may swing up in the upcoming days to hit the $26.00 resistance level in its medium-term perspective.

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