Over the past 24 hours, Chainlink (LINK) rallied over 10% to $15.18 as analysts got more optimistic. Predictions for the token are being set at $18.
Chainlink’s market cap as of press time was $9.51 Billion, having increased by 11.4% intraday. The token’s 24-hour trading volume had also risen to $988.81 Million, up 53.56%.
Breakout from Critical Levels
Chainlink just broke out of a long-standing resistance of around $13. Michael Van de Poppe, the founder of MN Trading Ventures, states that this now flipped to a strong support level for this zone, which had acted as a cap for most of 2024.
According to him, this is a crucial breakout because it indicates market sentiment shifting yet again, and possibly towards higher levels.
Poppe points out that a massive flip in $LINK could occur at $13. He predicts an ascent to $18 and expects more momentum from there.
He states that the low on $LINK is in serving a tremendous opportunity. His analysis falls in line with LINK’s
We współpracy z: https://www.thecoinrepublic.com/2024/11/20/chainlink-link-pumping-analysts-predict-surge-to-18/
