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Chainlink (LINK) Faces Pullback After Breaking $19 - Key Support Levels in Focus
LINK trades at $17.80 after a 3.21% daily decline, pulling back from recent highs above $19. Technical indicators suggest bullish momentum remains intact despite the correction. (Read More)
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In the course analysis, Bastian (Bitbull) takes a look at Chainlink (LINK) and explains which price brands are important now. Source: BTC-ECHO BTC-ECHO
Chainlink Price Tests Crucial Support After Breakout: Can $17 Hold for the Next Move Up? - Blockonomi
TLDR: Chainlink price broke a long-term downtrend and now retests the $17–$18 support zone. Volume surged on the breakout, but sustained demand is now needed to push higher. Resistance lies at $20.50, then $25, with $35 as the next major milestone. Traders await a catalyst to fuel narrative-driven bids above current levels. Chainlink is now holding steady near a crucial level. Traders are watching closely as the price tests the $17–$18 support …
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