Kategorie: Crypto News

• Chainlink (LINK) eyes a breakout with $17.5 as a key resistance level.
• Chainlink partners to promote tokenisation across US states.
• Technicals and sentiment support a bullish price outlook.

Chainlink (LINK) is once again making headlines, this time for a pivotal partnership with the Blockchain Association aimed at promoting asset tokenisation across the United States.

As the crypto market eyes broader institutional adoption, this development is expected to strengthen Chainlink’s utility and market position, while also giving a potential boost to its token price.

The strategic alliance introduces the “Tokenized in America” initiative, a nationwide effort to expand the use of blockchain technology in representing real-world assets (RWAs) on-chain.

The partnership boosts Chainlink’s visibility

The partnership between Chainlink (LINK) and the Blockchain Association goes beyond policy advocacy and dives into real-world blockchain applications at the state level.

It aims to educate policymakers while tracking tokenisation progress across the country.

Chainlink’s decentralised oracle networks are at the heart of this initiative, providing trusted data feeds that are critical for bridging on-chain and off-chain information.

This capability is essential when governments or institutions seek to tokenise assets such as real estate, stablecoins, or treasury instruments.

As part of the initiative, Chainlink’s Proof of Reserve (PoR) system is expected to enhance transparency by offering cryptographic validation of collateral backing digital assets.

This added trust mechanism could attract state agencies and financial institutions that require secure and verifiable asset representation.

Chainlink price analysis

On the technical front, Chainlink’s price action has aligned with the optimism surrounding its recent policy-driven visibility.

Currently trading above $16, Chainlink (LINK) has gained significant ground in recent days, climbing more than 18% in just a week.

Notably, $16 has acted as a tough resistance level, proving to be a critical zone for traders, with several analysts pointing to a sustained break above it as the gateway to further gains.

Holding above this level could push LINK toward the next target zone, which ranges between $17.50 and $18.20.

Momentum indicators support the bullish outlook, with the Aroon Up indicator registering at 85% and the Accumulation/Distribution line reflecting steady buying pressure.

These metrics suggest that buyers are firmly in control, and any minor retracements are likely to be met with accumulation rather than panic selling.

Chainlink (LINK) price outlook

According to market analysis, Chainlink (LINK) must remain above $16.42 to sustain its current momentum.

A close above this level increases the probability of retesting the first major resistance at $17.95, which could then unlock a path to $19.11 and potentially $20.82 if bullish momentum persists.

Conversely, failure to maintain support above $16.42 could see the price slide toward $15.35, a key lower support that many traders are watching closely.

Analysts like Matthew Dixon also warn of a potential retest in the $14.50–$15 range before a fresh rally can be confirmed.

#Chainlink Price Analysis – July 2025#LINK $15.36, slightly retracing after a local high near $15.90.
Higher low around $12 and working toward forming a higher high — signaling a bullish structure shift.

RSI is at 62.44, trending upwards but showing early signs of cooling.… pic.twitter.com/B509U0EXha

— Matthew Dixon – Veteran Financial Trader (@mdtrade) July 15, 2025

Nevertheless, sentiment remains largely positive, as reflected in Chainlink’s Fear and Greed Index, which continues to signal bullish market behaviour.

A breakout above $17.5, often described as the trigger level, may accelerate the move toward $22, according to some technical forecasts.

The long-term vision aligns with the tokenisation trend

Chainlink’s ongoing involvement in the tokenisation of RWAs places it at the centre of a massive transformation in the financial system.

As institutions like Franklin Templeton, Superstate, and Securitize move assets on-chain, the need for secure, interoperable infrastructure becomes urgent.

With its Cross-Chain Interoperability Protocol (CCIP), Chainlink is poised to connect blockchain platforms across states and institutions, enabling secure asset transfers and data communication between disparate systems.

The “Tokenized in America” initiative acts as both a policy tool and a technological showcase, potentially setting the stage for Chainlink (LINK) to become a national standard in public-sector blockchain use cases.

The post Chainlink price forecast amid US asset tokenization push with Blockchain Association partnership appeared first on CoinJournal.

• Shiba Inu (SHIB) transactions have surged 350% as trader confidence grows.
• Over 1B SHIB have been burned, fueling deflation and price speculation.
• Golden cross formation confirms bullish momentum toward $0.000018.

Shiba Inu (SHIB) has captured renewed attention in the crypto markets with signs of a major breakout.

The memecoin has outperformed key rivals like Bitcoin (BTC) and Ethereum (ETH) in recent days, driven by surging on-chain activity, an explosive burn rate, and the confirmation of a golden cross on its daily chart.

As technical and fundamental indicators continue to align, many investors are now asking whether SHIB is preparing for a substantial move higher.

Shiba Inu transactions have spiked as confidence grows

In the past ten days, Shiba Inu’s average transaction size has surged by 350%, rising from $2,600 to more than $11,700, according to data from IntoTheBlock.

This sharp increase is a strong signal that traders are placing larger bets on SHIB, reflecting growing market confidence and bullish sentiment.

This surge in activity coincides with a 2% price gain that pushed Shiba Inu (SHIB) to $0.000014—its highest level since May. Much of this upward pressure stems from Ethereum’s 16% weekly rally, which has lifted sentiment across Ethereum-based tokens like SHIB.

With Ethereum outperforming Bitcoin recently, many retail traders have turned to assets within its ecosystem, and SHIB has clearly benefited from this trend.

The explosive Shiba Inu (SHIB) burn rate

As Shiba Inu’s price rallies, SHIB’s burn rate (representing the number of SHIB tokens permanently removed from circulation) has surged over 2,000% in the past week.

More than one billion SHIB tokens have been burned during that period, significantly boosting the asset’s deflationary momentum.

This aggressive burn activity is a critical part of SHIB’s long-term strategy. By reducing supply, the token becomes more scarce, potentially increasing its value if demand rises.

The rising burn rate, combined with a growing ecosystem, has revived discussions around bold price targets. Some analysts even speculate a path toward $0.00017 or beyond. CoinLore has predicted that the memecoin could rise to between $0.0000377 and $0.0000624 before the end of this year.

Golden cross confirmation fuels more bullish sentiment

From a technical analysis point of view, SHIB’s technical outlook has strengthened significantly.

A golden cross pattern formed on the daily chart after the 9-day moving average crossed above the 26-day moving average.

Historically, this pattern often preceded significant price rallies for SHIB and other altcoins.

Moreover, momentum indicators such as the MACD show continued bullish divergence. The MACD histogram is in positive territory, and the MACD line has extended its lead above the signal line.

However, traders should proceed with caution, seeing that the RSI indicator is currently at around 67, three points off the overbought region of 70, meaning a short-term pullback could be possible.

As long as SHIB stays above the key support level at $0.0000125, technical analysts expect a potential breakout.

A drop below $0.000012 could invalidate the current setup and trigger a short-term pullback to the $0.000011 level.

That said, if SHIB manages a clean breakout above $0.000016, the path to retesting March’s local top at $0.000018 becomes more likely.

With the regulatory developments in the US, especially around the CLARITY Act and other crypto-related bills, improved legal clarity could add fuel to the ongoing Shiba Inu (SHIB) rally.

Additionally, Shiba Inu’s recent launch of DegenSafe, a platform for meme coin creation on Ethereum, has added further utility and attention to the token.

The post Shiba Inu price outlook as transactions and burn rate jump: golden cross confirmed appeared first on CoinJournal.