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Chainlink (LINK) at Critical Juncture: Analyst Identifies Make-or-Break Price Levels

Chainlink (LINK) at Critical Juncture: Analyst Identifies Make-or-Break Price Levels

Published:
2025-05-18 03:34:12
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Chainlink LINK News -

Chainlink (LINK) has formed a neutral, indecisive candle on its price chart, suggesting heightened volatility may be imminent. Noted technical analyst CRYPTOWZRD highlights that such consolidation patterns typically precede significant price movements, with $15.85 emerging as the initial bullish confirmation threshold.

A decisive breakout above $16.80 would establish clear buyer control, presenting stronger long-position opportunities. The LINK/BTC trading pair reflects similar stagnation, mirroring the broader cryptocurrency market’s current uncertainty as participants await definitive directional momentum.

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