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Chainlink LINK Tests Key Resistance After Surging to $25 – Will Bulls Push for New Highs?
Chainlink LINK Tests Key Resistance After Surging to $25 – Will Bulls Push for New Highs?
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Chainlink LINK News -
Chainlink (LINK) rallied 11% in the past 24 hours, outpacing most of the crypto market as it reclaimed the $24.50-$25 range. The altcoin recently hit a six-month peak of $26.76 before pulling back, with traders now watching for either a breakout or rejection at this critical juncture.
On-chain metrics show 2,995 new LINK addresses were created on August 18—marking the highest growth in five months—indicating fresh capital inflows. The cryptocurrency currently faces a decisive resistance zone between $23.86 and $34, setting up a potential make-or-break moment for its near-term trend.
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