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Chainlink (LINK) Skyrockets 80%: Is a $100 Breakout Imminent?

Chainlink (LINK) Skyrockets 80%: Is a $100 Breakout Imminent?

Published:
2025-07-20 10:10:15
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Chainlink LINK News -

Chainlink (LINK) has electrified the crypto market with an 80% surge from recent lows under $10, now trading at $18.63—a 23% weekly gain despite minor corrections. The decisive breakout above $17.46 confirms bullish momentum, with analysts targeting ambitious price levels at $50, $75, and potentially $100.

Investor Optimism is driven by Chainlink's entrenched position in decentralized finance (DeFi) and its dominance as the leading blockchain oracle provider. The token's rebound from the $11 support level and sustained uptrend reflect a market-wide shift toward bullish sentiment, highlighted by aggressive accumulation between July 12-17.

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