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Chainlink (LINK) Eyes $19.50 Breakout as Analysts Predict Potential 4X Rally to $42
Chainlink (LINK) Eyes $19.50 Breakout as Analysts Predict Potential 4X Rally to $42
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Chainlink LINK News -
Chainlink's LINK token, currently trading around $18, has entered a critical technical phase marked by strong accumulation and bullish momentum. Analysts pinpoint $19.50 as the key resistance level—a breakout could spark a 4X surge toward $42, based on chart patterns dating back to mid-2022.
Growing institutional interest and U.S. government recognition are bolstering Chainlink's role in blockchain data infrastructure. The token's repeated tests of the $19.50 resistance suggest increasing pressure for a breakout, with traders awaiting confirmation of the next major price movement.
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