<ul data-eligibleForWebStory="false"><li>Chainlink (LINK) has broken out of a multi-week descending channel, signaling a shift in short-term momentum to the upside.</li><li>Trading above the 200 EMA, analysts are now looking at higher resistance levels, with focus on sustaining bullish pressure beyond the $14.00 mark.</li><li>Analyst AltWolf identifies a key support zone between $13.30 and $13.60, with a potential path towards $15.50 in the near term and $18.00 as a longer-term target following the breakout.</li><li>While there is optimism, price volatility near psychological levels like $14.00 suggests temporary resistance, with trading volume and participation being crucial for confirming the breakout trajectory.</li></ul>

Chainlink Price Prediction: LINK Breaks 200 EMA, Rally to $18 in Sight

Discover more