CandleFocus Chainlink (LINK) Pumping, Analysts Predict Surge To $18
2024-11-20
Author: Content Editor
Chainlink (LINK) has seen a 10% rally in the past 24 hours, reaching $15.18, with predictions that it could reach $18. The token's market cap has increased by 11.4% to $9.51 billion, and its trading volume has risen by 53.56% to $988.81 million. Analysts believe that the breakout above the $13 resistance level is significant and indicates a shift in market sentiment towards higher levels. Experts predict that LINK has the potential to reach its all-time high, which would be a 280% increase from its current price. However, the chart also shows a rising wedge pattern, suggesting a period of consolidation and a possible bearish reversal. Immediate resistance lies at $15.50, and a breakout above this level could lead to bullish momentum towards the resistance at $17.83.
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