Chainlink (LINK) has broken through critical resistance at the $11.70 range, marking a 4.82% spike over the past 24 hours.Analysts predict a target price of around $20 for Chainlink (LINK) as it shows potential for an upward movement.Daily trading volume for Chainlink (LINK) is currently at $248 million, with the price trading at $11.82.If Chainlink (LINK) fails to meet the crucial resistance at $11.96, it may enter a consolidation phase and drop to a low of $11.36.