Chainlink Price at a Turning Point: Could $14 Secure a $20-50 Rise?

The critical support level of $14 for Chainlink (LINK) is the key to unlocking its potential rise, aiming towards $20-$50. A break below this level could lead to testing $12, potentially impacted by Bitcoin market downturns. Historical patterns suggest a bullish breakout if $14 holds. 2021 saw similar rebounds in LINK’s price. According to chart analysis shared on Twitter by @ali_charts, Chainlink’s current price hovering around $14.17 signals a moderate 1.56% increase over the past 24 hours. However, this level is crucial for maintaining an upward trend that could propel LINK toward the upper channel boundary near $20 and potentially beyond.