The article discusses the price outlook for Chainlink (LINK) as the cryptocurrency sees an increase in adoption and integration across various blockchains. Despite Bitcoin's decline, LINK has remained above $25, forming a bullish pattern on the 4-hour chart. The price action shows consolidation between two crucial resistance levels, with a support zone at $22.54 to $22.86. The article suggests that with the growing integrations and adoption, LINK has the potential to reach the $30 milestone, but significant resistance remains between $26.46 and $27.25. In the long term, a breakout could challenge the 50% Fibonacci level at $31.41. However, the $22.48 support zone is expected to absorb selling pressure during market volatility.



Other News from Today