<ul data-eligibleForWebStory="false"><li>Chainlink (LINK) is showing signs of potential trend reversal as it hovers around the $13.50 zone, with indicators suggesting momentum shifting towards the upside.</li><li>LINK confirmed a short-term bullish breakout after surpassing $13.40, reaching $13.70 before consolidating near $13.48, following a rebound from the July 2 low at $12.90.</li><li>Open interest in LINK derivatives surged significantly, rising from under 3.5 million to over 6.1 million contracts, indicating heightened speculation and hedging activity supporting a sustainable bullish leg.</li><li>Technical momentum signals for LINK are strengthening as the Relative Strength Index (RSI) climbs above 50 and the Moving Average Convergence Divergence (MACD) shows signs of recovery, with a potential medium-term rally if momentum continues.</li></ul>

Chainlink Price Prediction: RSI Crosses 50 as Bulls Eye Recovery Toward $20 Zone

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