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LINK at Multi-Year Support While Chainlink Tops DeFi—Reversal or Breakdown?

  • Chainlink (LINK) has completed a retest of multiyear support at $15, demonstrating a strong bullish move.
  • Chainlink leads the top 10 DeFi projects by development, with 547.5 activities in the last 30 days.
  • Chainlink's dominant position stems from its primary decentralized finance activities, including accurate pricing services and cross-chain connectivity.
  • Analysts believe LINK price could reach $20 if it overcomes the $15 resistance and maintains strong market volume.

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