Chainlink (LINK) Price Analysis: Key Levels Under Scrutiny, Will Momentum Hold?

Chainlink (LINK) is currently consolidating in a well-defined range between $17 and $20. Global liquidity trends are showing renewed strength, hinting at potential bullish momentum for the cryptocurrency. Analysts point to a crucial resistance zone near $20, with traders closely monitoring price action. 75% of Chainlink’s trading volume took place during October’s selloff. A break above this level could signify the start of a sustained upward move.