Chainlink (LINKUSD) Upbeat Trend May Continue

Chainlink (LINKUSD) Price Forecast: July 28

Today, the LINKUSD pair is rising; the upbeat trend may continue despite the activities of bears as the bulls set the target towards the overhead region. The coin is gaining traction above the supply trend level, signaling strong market optimism. As it approaches the upper channel, the coin price may keep rising. Therefore, before a range breakout, a possible rise over $22.06 level would strengthen the positive momentum and seek the upper resistance of $26.00, providing coin buyers with an excellent entry opportunity.

Key Levels:
Resistance Levels: $17.00, $18.00, $19.00
Support Levels: $14.00, $13.00, $12.00

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

Despite the moves by the bears, the LINKUSD pair remains bullish; this might continue due to high impact of bulls in its long-term outlook. The token price is above the EMA-50, indicating a bullish trend.
The pair’s bullish momentum at its most recent high has been maintained by the bulls’ strong impact at a $18.28 high mark in the previous session.

As the daily chart starts today, the bulls’ movement to a resistance level of $18.49 above the EMA-50 indicates that the Chainlink price action is rising against downward forces and may continue in the same direction.

The eventual touch at the upper resistance level will therefore be the focus of a strong breakout and closing above the $22.03 prior top value.

In conclusion, as the LINKUSD price continues on its upward trajectory, the market sentiment seems to be favorable.

This might continue as long as the bulls continue to dominate the coin market. In the upcoming days, the bullish trend may continue to reach the upper resistance of $26.00 due to the influence of the current trend.

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

In the medium-term outlook, the LINKUSD pair uphill trend might continue, following an increased interest and concerns of the bulls.
The sustained bullish pressure at a $18.28 value during the last action has made the crypto price trade above the supply trend levels in its recent correction. 

Today, after the completion of the bearish move at the $18.21 low mark, the bulls in-road briefly and commenced the bullish trend to a $18.46 high level slightly above the moving average as the 4-hourly chart opens today, suggesting buyers are returning gradually and this might continue, as the bulls begin to stage a play.

Thus, if the bulls could push harder, the upbeat trend might continue to reach the $20.28 resistance level, hinting at a robust upward trajectory.

Additionally, the LINKUSD pair might continue the bullish trend as it remains in an uptrend on the daily stochastic.

As a result, the bullish trend might continue its correcting to hit the $26.00 upper high level in the days ahead in its medium-term outlook.

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