Chainlink (LINK) is experiencing a resurgence in momentum and is on an upward trajectory after reaching a high of $17.50 in early March. Currently trading at $13.20, the cryptocurrency has gained 2% in the last 24 hours and has seen a 10% increase from its lowest level. The announcement by U.S. President Donald Trump about creating a national crypto reserve, in which "other valuable cryptocurrencies" may be included, has sparked speculation and bullish sentiment for Chainlink. The Long/Short ratio indicates that buyers dominate the market, and technical indicators such as hidden bullish divergence and the Relative Strength Index suggest a potential rally towards $22 or higher in the coming months. Analysts have identified $14.50 as a key resistance level, and if breached, it could further strengthen the momentum. The broader cryptocurrency market is expected to enter a bullish phase leading up to May, with Chainlink being one of the leaders. Speculation suggests that Chainlink's Proof of Reserves technology may be integrated into the proposed strategic reserve, which could significantly impact its price. Sustained growth for Chainlink will depend on clearing resistance levels and maintaining buying pressure, with potential targets of $22 and even $30 in the longer term.



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