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BTCC / BTCC Square / Global Cryptocurrency /
Chainlink LINK Consolidates as Traders Watch for $16-$20 Breakout Amid Bitcoin Volatility

Chainlink LINK Consolidates as Traders Watch for $16-$20 Breakout Amid Bitcoin Volatility

Author:
Global Cryptocurrency
Published:
2025-12-15 08:08:11
7
3
Chainlink LINK News -

Chainlink's price action is mirroring Bitcoin's current turbulence, with technical charts showing clear indecision between buyers and sellers. A gravestone doji pattern on the weekly charts signals a temporary equilibrium, while daily candles reflect the broader market's uncertainty.

The $16 to $20 price range has emerged as a critical resistance zone. Analysts note LINK's ongoing attempts to stabilize following recent declines, with short-term traders closely monitoring intraday charts for definitive breakout signals.

This hesitant price performance stands in contrast to continued, unabated ecosystem growth, highlighted by 15 new cross-chain integrations. The LINK/BTC trading pair remains a key metric for traders assessing the token's relative strength against the market leader.

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