06:45
Chainlink Price Prediction: LINK Consolidation Intensifies, $14 Becomes a Key Resistance Level
Chainlink (LINK) is currently operating within a critical decision zone, with the trading price around $13.57, and overall momentum clearly slowing down. Market sentiment is becoming cautious, with buyers gradually entering near key support levels, while sellers continue to exert pressure at resistance zones above. The upcoming breakthrough or breakdown of LINK will have a significant impact on its short- to medium-term trend.
From a technical perspective, the $13.20 to $13.30 range constitutes the most important short-term support zone for LINK. The price has bounced multiple times after testing this area, indicating that there is still effective demand at this level. However, recent candlestick rebounds have been limited, showing that buying strength is insufficient to push the price out of the current consolidation range.
LINK-0.47%