CandleFocus Chainlink Price Analysis: Can LINK Soar to $40 As Historic Pattern Repeats?
2024-11-20
Author: Content Editor
The price of Chainlink is currently experiencing resistance after breaking out of a prolonged consolidation zone. The LINK price has declined by 2.1% in the past 24 hours and is currently traded at $14.71. Although it reached a high of $15.15 during the day, it faced rejection at that level. However, a significant historical pattern on the LINK chart suggests the possibility of a 167% rally in the near future. The question remains whether Chainlink can fulfill this potential.
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