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Chainlink LINK Eyes Critical Breakout: Targeting $29-32 Range as Technicals Signal Bullish Momentum
Chainlink LINK Eyes Critical Breakout: Targeting $29-32 Range as Technicals Signal Bullish Momentum
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Chainlink LINK News - Chainlink (LINK) is positioned for a potential breakout above the crucial $27.87 resistance level, with technical indicators pointing toward a bullish trajectory. Analysts project medium-term targets in the $29-32 range, representing a 22.5% to 35.2% upside from current levels. The token's robust fundamentals and growing institutional consensus continue to support its upward momentum. Support levels remain solid at $21.87, with stronger foundation at $15.43. Recent forecasts from CoinLore and CoinCheckup align with this optimistic outlook, while Blockchain.News has reaffirmed its bullish stance, highlighting LINK's technical strength above key moving averages.
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