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Chainlink Surges Above Key Support, Analyst Eyes $18 Target

  • Crypto market analyst Ali suggests a strong rally towards $18 for Chainlink if it maintains above $12.50, based on technical patterns.
  • Chainlink is currently trading at $14.28, showing a 3% gain in the last 24 hours and nearly 4% increase over the past week.
  • With a market cap of $9.68 billion and a trading volume exceeding $500 million, Chainlink is attracting interest from both retail and institutional investors.
  • While the sentiment is bullish due to Chainlink's role in real-world assets and decentralized finance, caution is advised around potential resistance levels near $16–$18.

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