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LINK price forecast: LINK could rally to $17 following Mastercard partnership

  • Chainlink's LINK could rally towards the $17 resistance level following its partnership with Mastercard.
  • Chainlink's LINK surged to $13 after the partnership announcement, marking an 11% increase in value.
  • The positive performance is driven by strong fundamentals, including a partnership with Mastercard for onchain crypto purchases.
  • LINK's technical indicators are bullish, with the RSI indicating buying pressure and MACD lines in positive territory.
  • The LINK/USD pair might fill the fair value gap at $12.4 before potentially rallying higher towards $17.

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