<ul><li>Chainlink (LINK) is trading at $20.17 with a recent 0.62% increase, showing consolidation within a descending wedge pattern.</li><li>Technical analysis suggests a potential bullish breakout with $23.92 as the key resistance level to watch.</li><li>On-chain metrics show growing user engagement with 0.86% increase in active addresses and 0.88% rise in transaction counts.</li><li>Exchange reserves declined by 0.11%, indicating reduced selling pressure and potentially favorable supply-demand dynamics.</li></ul>

Chainlink (LINK) Price: Chainlink (LINK) Consolidates Below $24 as Bulls Gather Strength

Discover more