Chainlink Bulls Targeting $19.20-$19.70 Resistance, Momentum Builds

Chainlink is currently experiencing strong momentum as it attempts to break through the $19.20-$19.70 resistance zone. This surge in buying pressure has coincided with decreasing exchange balances, signaling investor accumulation of Chainlink tokens (LINK). Analysts point to this accumulating trend as a potential bullish signal for future price growth.