Chainlink marked a spike of over 4%, trading at $11.82.
An analyst predicts LINK’s target price at $20.
The major cryptocurrency, Bitcoin (BTC) has been fluctuating between $69K-$65K for the past few days. Certain tokens have lost and regained their momentum. Meanwhile, Chainlink’s price has sustained its price above the $11 mark.
Notably, LINK has recently broken through critical resistance at the $11.70 range. This resurgence comes with a 4.82% spike over the past 24 hours. In the early hours, LINK traded at a low of $11.23.
Despite struggling at the $11.60 level, the asset briefly signaled an upside rally for the day and climbed to a high of $12.07. At the time of writing, Chainlink was trading at $11.82, with its daily trading volume at $248 million, according to CMC data.
On the other side, LINK exhibited a moderate upside momentum over the last seven days, with a 3.30% spike. The asset chose to trade at $11.44, at the start of the week. Over time, LINK’s
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