Technical analysis by Yazirazlamtrader about Symbol LINK: Buy recommendation (8/7/2025)

Hi Everyone, Looking at chart, chainlink is looking primed to close above 20 dollar. if that happens i would anticipate strong upward pressure taking the prices high to 28 dollar and extended target of 38 dollar. As chart is suggesting strong trendline holding very well as support. On daily, Macd is above 0 and looking to crossover, indicating strong momemtum might come if than happens. I have also looked at chainlink against Etherium and it is at longterm trendline support. Everything points to the fact that if chainlink price close above 20 on daily, strong upward pressure would come. I have given same price analysis on Xrp in the past and it has performed very well within 3 days of posting the chart look into my chart history and find xrp if you would like to understand the impact of these closures. Not financial advise Best of luck Like and subscribe for more analysischainlink closed above 20 is a great indication that prices will continue higher. trades are activeChainlink showing extreme strength hitting 26 dollars