Chainlink (LINK) is currently at a crucial support level on the two-day chart and is facing challenges, but it remains above $15.90. The bearish scenario suggests that it may continue to pull back, possibly retesting the $15 mark before bouncing. The price dip of Chainlink at the beginning of the week was driven by the bearish sentiment caused by US President Donald Trump's trade tariffs. However, there is potential for a rebound, with a critical resistance zone at $23.78 that could pave the way for a new bull rally. To reach levels above $30, Chainlink needs to hold above its current support levels. In the short-term, the price is attempting to move up and is showing support around $17.50. If it breaks above $19.85, it could gain upward momentum with targets around $21-$22.



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