Is Chainlink [LINK] ready for a bullish breakout? Insights revealed
Portfolio Pulse from
Chainlink is currently testing critical resistance levels between $14.50-$15.30, with 153 million tokens accumulated by 37,000 investors. While showing potential for a bullish breakout, the cryptocurrency faces mixed market signals including decreased new and active addresses. A decisive move above $15.30 could trigger further upward momentum.
March 23, 2025 | 8:15 pm
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POSITIVE IMPACT
LINK trading at $14.32, testing support at $14.33 with potential to break resistance at $15.30. Exchange reserves slightly declining, indicating potential long-term holding.
Accumulation of tokens, declining exchange reserves, and potential resistance breakout suggest positive short-term momentum for LINK.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 100