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Chainlink (LINK) Eyes Key Breakout Levels at $13.80 and $14.20 Amid Consolidation
Chainlink (LINK) Eyes Key Breakout Levels at $13.80 and $14.20 Amid Consolidation
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Chainlink LINK News -
Chainlink (LINK) is holding steady at $13.15 despite a 2.70% weekly decline, with technical indicators signaling potential volatility ahead. The token's recent attempt to rally to $14.00 revealed strong buying interest, now consolidating within a tightening range of $12.75-$13.25.
With a market capitalization of $8.64 billion and $266.73 million in daily trading volume, traders are positioning cautiously. The current equilibrium suggests accumulation before a decisive move—either a breakout toward resistance at $13.80 or a breakdown from the narrowing wedge pattern.
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