Chainlink Soars 18%, Breaking Through Key Resistance – $29 is the Next Target

Chainlink (LINK) has experienced an impressive surge in price this week, soaring over 18% and breaking above a significant resistance level. This move has propelled the token to new heights, currently trading around $25 and nearing the key $29 mark. The breakout followed months of consolidation, with volume exceeding expectations. Analysts suggest that this bullish momentum could propel the price towards $29 if broader market conditions remain stable.