Chainlink rises after Robinhood integration amid bullish technical signals

Chainlink’s price jumped roughly 12% to around $8.07, rebounding from a late‑June low of $7.20. Technical indicators turned positive, with the MACD moving above zero and the price breaking above the 20‑day Bollinger middle band. Traders see resistance near $8.43 and a next target around $8.80‑$9.00. The cryptocurrency also announced a wave of new integrations, adding 14 links across ten blockchains, and was named the official data and cross‑chain oracle provider for Robinhood Crypto, expanding its reach to millions of retail users. Additional partnerships include the Depository Trust & Clearing Corporation, the U.S. Department of Commerce, and several major networks such as Arbitrum, Avalanche and Ethereum, bolstering usage and protocol fee generation.

Long‑term price forecasts project LINK could reach $52.95 by 2032, with intermediate averages around $11‑$35 in the coming years. Meanwhile, Dogecoin’s weekly chart shows its 50‑week moving average approaching the 200‑week line, a rare “death‑cross” setup not seen since February 2023. If the shorter average falls below the longer one, the signal could signal further downside pressure. At the time of reporting Dogecoin traded near $0.074, and analysts note that past death‑cross events have produced only modest price moves.

Both tokens remain under close watch by investors, with Chainlink’s expanding institutional role and Dogecoin’s technical rarity adding layers of uncertainty to their short‑term trajectories.