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Chainlink (LINK) Poised for $24-26 Surge After Technical Breakout
Chainlink (LINK) Poised for $24-26 Surge After Technical Breakout
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Chainlink LINK News -
Chainlink's native token LINK maintains bullish momentum despite a 5% pullback to $21.66. Technical indicators suggest an impending rally toward the $24-26 range as the cryptocurrency breaches key resistance levels, with the 200-day moving average now acting as support.
Market analysts note consecutive upward price target revisions, from $20.23 on August 12 to $21.00 by August 16. The $24.74 level now stands as immediate resistance, while the 20-day SMA at $19.28 provides downside protection. Short-term consolidation between $21-22 appears probable before the next upward movement.
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