Chainlink Defends $20 Support With $22 Resistance and $25 Sell Wall in Focus

Overview

• LINK trades near $21 as the $20 floor remains the key pivot, with brief pushes above $22 fading; market cap is about $14.5 billion and 24‑hour volume is roughly $732 million.
• Technical setups highlight an ascending channel and a 4‑hour inverse head‑and‑shoulders with a neckline near $22, and analysts say a move toward $47 is possible if $20 holds and momentum builds above resistance.
• Market watchers flag a substantial supply zone at $25, with analysts calling it the next major barrier that must be cleared to unlock higher targets.
• Chainlink announced a Swift integration that connects its Runtime Environment to Swift’s messaging network, enabling banks to trigger on‑chain transactions using existing Swift rails.
• UBS Asset Management is adopting Chainlink’s Digital Transfer Agent standard through UBS Tokenize for tokenized fund workflows, while reports note whales bought about 800,000 LINK and sector data shows Chainlink’s secured value reaching a record high.