Chainlink’s $16.38 Resistance in Sight—But One Bullish Analyst Predicts a $100 Surge
Chainlink (LINK) is knocking on the door of its next critical resistance level at $16.38—but one analyst sees a moonshot to triple digits.
Breaking Through the Ceiling
The oracle network's token has been grinding higher, fueled by surging demand for real-world data feeds in DeFi. Now traders are watching the $16.38 level like hawks—a clean break could trigger algorithmic buying frenzies.
The $100 Gamble
While most technical analysts plot conservative targets, one crypto permabull claims LINK's structural advantages could propel it to $100. 'Chainlink is the SWIFT of smart contracts,' they argue—ignoring the fact that SWIFT moves $5 trillion daily while DeFi still trips over its own shoelaces.
Whether LINK hits triple digits or gets rejected at resistance, one thing's certain: the oracle wars just got interesting.
Chainlink (LINK) eyes key resistance at $16.38, with analysts predicting a potential breakout despite short-term decline. The chainlink price seems to have found some support at $15.24, after declining from $16.36, the high attained yesterday.
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