Chainlink (LINK) Breaks Through Resistance, Bulls See Potential for Price Surge

Chainlink (LINK) is trading near $12.90, with price action confined to a narrow range. Despite the consolidation, bullish sentiment is growing, and analysts are eyeing potential breakout if key resistance levels are breached. 2023’s price movement on the LINK token has seen increased buying activity in the lower end of its price range. With the $14.58 mark now considered a critical resistance zone, successful clearance of this level could propel LINK towards a target of $26 in the short term.