As of writing, LINK crypto is ranked 13th on CoinMarketCap with a market cap of $8,600,835,910.
LINK Technical Analysis
Since May 2022, there has been a prolonged consolidation of the Chainlink crypto price within a narrow range of $5,900 to $8,019.
This range is clearly marked by significant trading volumes. After breaking out of this range in October 2023, the asset's price demonstrated an impulsive growth, reaching a high of $16,584, representing an increase of over 121%. LINK is a part of the leading DeFi coins portfolio.
Currently, the price is in a consolidation phase between the levels of $13,200 and $16,115.
LINK Price Prediction
Upon the completion of the current consolidation phase, there is a high probability of LINK crypto continuing its upward trend.
In the event of successfully surpassing the resistance level at $18,275, with subsequent price consolidation above this level, the next potential target for LINK would be $28,517.
Our skilled SimpleSwap analyst offers a trading scenario with LINK on TradingView.
Users can get LINK for fiat or crypto on SimpleSwap.
