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Chainlink LINK Bulls Target $30.50 as Technical Breakout Gains Momentum
Chainlink LINK Bulls Target $30.50 as Technical Breakout Gains Momentum
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Chainlink LINK News -
Chainlink's native token LINK has surged 9.04% over the past 24 hours to reach $27.15, testing crucial Fibonacci levels and positioning for a potential breakout. Analysts project a MOVE toward $30.50 by mid-September if current support holds, with the token trading just below its 52-week high of $29.26.
Technical indicators confirm sustained bullish momentum, showing immediate resistance at $27.87 and robust moving average support at $25.15. The breach of the critical $26.48 Fibonacci level has opened a clear path toward higher targets, exceeding more conservative analyst forecasts of $24.00-$28.00.
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