Is Chainlink (Link) Price Poised for a Major Breakout?
Chainlink (LINK) is currently targeting $12.15 as a critical support level as per Coinpedia markets data. Strong accumulation by long-term holders (LTH) is signaling optimism for a potential breakout. With a mean coin age increase indicating holders' long-term confidence, there is a foundation for a possible rally of up to 53%, potentially reaching $19. However, if Chainlink fails to secure the $12.15 support, the price could drop to $11.52, which aligns with Fibonacci levels and may delay bullish momentum. For a deeper dive into Chainlink Price Prediction and market trends, check out our detailed analysis. Analysts are Bullish on Chainlink According to Michael van de Poppe, a well-known crypto analyst, Chainlink could be on the verge of a significant breakout. He believes LINK needs to flip the key resistance level at $13 into support for a potential rise to $18. This move would represent a 46% increase from its current level. Another analyst, Immortal, shares a similar bull...