Chainlink sees 11% rise – targeting $24, but faces significant hurdles

Chainlink (LINK) experienced an 11% increase, bouncing back from a key support level of $16 to around $19.25. A closing price above $24 is essential for confirming a bullish trend.

Technical signals reveal ongoing upward momentum. Amid reduced exchange outflows and stronger whale activity, LINK appears set for a potential rise, contingent on overcoming significant resistance.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts