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 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.

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.

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.

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.

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