CandleFocus Chainlink Hits $20: Is This the Start of a Major Bull Run?
2024-12-02
Author: Content Editor
The cryptocurrency Chainlink (LINK) has broken through a critical resistance level of $19.25 and is now trading above $20. This breakout indicates strong buying pressure and positive market sentiment. The next target is $22.90, which could open the way for LINK to reach its all-time high. However, traders should exercise caution as the market is unpredictable, and potential pullbacks could occur. The bullish price action of Chainlink may also have a positive impact on other altcoins. Those interested in entering the market should wait for possible support at $19.25.
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