Chainlink Rises 2.85% While Mutuum Presale Surges 250%

Chainlink (LINK) traded in a mixed technical environment on July 9, 2025, with its price reaching $16.63, marking a 2.85% increase over the previous 24 hours. The price movement appears to be driven by technical considerations rather than project-specific news [1]. The Relative Strength Index (RSI) currently stands at 48.98, signaling neutrality, with no clear direction yet emerging [2]. However, the Moving Average Convergence Divergence (MACD) indicator reveals bearish divergence, with the histogram at -0.2886, suggesting accumulating downward pressure beneath the surface [3].

LINK is trading closer to its lower Bollinger Band ($15.37) than the upper band ($20.05), indicating a potential for growth but also resistance at the middle band of $17.71 [4]. Immediate support is near $15.43, aligned with the 50-day Simple Moving Average. A break below this level could lead to a steeper decline toward the 52-week low of approximately $10.94. Analysts suggest that the price has a 22% upside potential to reach $20.28, but also carries a 7% risk of falling to immediate support, creating a challenging risk-reward scenario [5].

In contrast, Mutuum Finance (MUTM) is experiencing rapid momentum during its ongoing presale. In Phase 6, MUTM tokens are priced at $0.035, a 250% increase from the initial presale price of $0.01. To date, the project has raised $14.15 million, with over 670 million tokens sold and a holder base exceeding 14,950 [6]. Phase 6 is selling out quickly, and Phase 7 is expected to begin with a 14.3% price increase to $0.04 per token. Analysts forecast that MUTM could deliver returns far exceeding those of LINK, with realistic projections suggesting a post-launch price of $0.50 [7].

Security is a key focus for Mutuum Finance, as demonstrated by its recent CertiK smart contract audit, which awarded the project a 95.00 security score with no vulnerabilities detected [8]. The project also launched a $50,000 USDT Bug Bounty Program to reward contributors who identify potential security issues. Additionally, Mutuum Finance is running a $100,000 token giveaway, offering 10 winners $10,000 worth of MUTM tokens each through a straightforward registration process. The project further encourages long-term holding by maintaining a dedicated dashboard that ranks the top 50 token holders [9].

The contrasting dynamics of LINK and MUTM highlight the unpredictable nature of the crypto market. While LINK remains in a technical tug-of-war, MUTM is gaining traction with a strong security profile, growing holder base, and aggressive presale growth. Investors are advised to carefully evaluate technical indicators and project fundamentals before making investment decisions [10].

Source:

[1] Invezz

[2] Invezz

[3] Invezz

[4] Invezz

[5] Invezz

[6] Invezz

[7] Invezz

[8] Invezz

[9] Invezz

[10] Invezz

URL: https://invezz.com/news/2025/08/09/link-trade-mixed-as-price-climbs-to-16-63-but-this-new-crypto-could-explode-sooner/