DEXWireNews

Chainlink (LINK) Poised for Further Growth

Long
BINANCE:LINKUSDT   ChainLink / TetherUS

Despite Bitcoin's recent correction, LINK maintains a positive market stance, continuing its upward trend. Currently, its price hovers near the resistance area of $15.9–$16.5.

A successful break above this resistance could lead to seller reactions in the $17.10–$17.65 range. A breach of the $17.65 level might propel LINK to as high as $20, a price point not seen in the past eighteen months.

In a less likely correction scenario, LINK could retreat to support levels at $14.4–$15, $13.5, and down to $12.25–$13. A major downturn would only be triggered by a substantial Bitcoin correction and LINK 's price falling below $10.

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