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Chainlink (LINK) Bulls Target $15+ as Price Reverses from $13.50 Support

Chainlink (LINK) Bulls Target $15+ as Price Reverses from $13.50 Support

Global Cryptocurrency
Release Time:
2025-05-08 15:57:18
0
Chainlink LINK News -

Chainlink (LINK) has reversed its downtrend after bouncing off the $13.50 support level, signaling a bullish shift. The cryptocurrency is now poised for a breakout above the $14.50–$15.00 resistance zone, supported by strong technical indicators.

Green candlesticks and increasing trading volume highlight the upward momentum, with the price crossing the Bollinger Band midline. An RSI of 63.28 and a bullish MACD crossover further confirm the positive trend. Key support levels at $13.70 and $13.15 offer a safety net, while resistance at $14.60 and $15.00 will determine the next price movement.

Currently trading at $14.67 with a 24-hour volume of $295.28 billion, LINK has gained 4.45% in the past day. Despite flat weekly performance, the technical setup suggests further upside potential.

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