Chainlink breaks through the $ 15 resistance because the tokenization narrative drives the outbreak
Chainlink (link) has risen by 3.9% in the last 24 hours and has broken the critical resistance zone of $ 15 because the interest in the tokenization of Real-World assets (RWA) has increased and the technical indicators have improved.
The step comes because retailers switch their capital into old coins while the Bitcoin dominance cools down.
Tokenization dynamics strengthens chainlinks application
An important catalyst behind the left was a report by Bitwise Asset Management of July 13, in which Chainlink was highlighted as a central infrastructure provider for the $ 257 trillion. In particular, the report emphasized the role of Chainlink when securing price feeds and the data infrastructure for tokenized bonds, stocks and raw materials – sectors that are already adopted by institutions.
The report continued to drive after the CEO of Blackrock, Larry Fink, confirmed that “every asset could be token”, and thus repeated earlier statements about the importance of chainlink in the financial digitization movement. In the last 30 days, the total value of the tokenized assets secured by the infrastructure of Chainlink has risen from $ 160 million to $ 220 million, which corresponds to an increase of 37.5%.
Technical outbreak confirms upward dynamics
According to the crypto analyst Ali Martinez, Chainlink officially broke the $ 15 resistance brand, which signals the beginning of a potential rally in the direction of the $ 20 brand. His chart shows that link goes beyond its descending channel, with fibonacci upward destinations between $ 17.15 and $ 20.
This outbreak is supported by the fact that the link course is now being traded above its simple, sliding 30-day average ($ 13.85), whereby the MACD histogram shows a positive divergence of +0.266 and the RSI-14 an interest bully value of 62.91. The next important resistance to consider is $ 15.83, the 24-hour high. If this level is broken, Link could quickly move towards the $ 17.15- $ 20 zone, as speculators drive the demand for tokenization.
Sector rotation favors old coins
The increase in Chainlink is also part of a wider increase in old coins, whereby retailers of Bitcoin into assets with strong real stories and lower relative reviews. With the falling Bitcoin dominance and the diversification of the ETF currents, usage-oriented projects such as Link experience a new upswing.
As of July 13th, Link is traded at around $ 15.60 – the highest level since March 2025.
