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17 September, 2024

Chainlink on the Verge of a Breakout: Here’s What to Expect

17 September, 2024

Chainlink (LINK) is showing signs of a potential breakout, with the price hovering near a key resistance level. Technical indicators, such as the Bollinger Bands squeeze, suggest that a significant price move is imminent. If LINK can successfully break through the $12.35 resistance level, it could trigger a rally of up to 15%, potentially pushing the price towards $14.00. This bullish scenario hinges on the successful flip of the $13.00 level into support.