Breakout Imminent? $LINK Is Primed For A $25 Run IF This Level Holds! 🚀
Chainlink has been stuck in a tight consolidation range, trading just under the key \$23 resistance level. But the technical pattern is screaming bullish continuation. The price is coiled, hugging the MA(25) and MA(99), suggesting significant energy is building for a move.
The Catalyst: The Cross-Chain Interoperability Protocol (CCIP) adoption is accelerating, recently integrating with major layer 1s and protocols like Plasma and Aave. Analysts are watching for a strong close above \$23.50 to confirm the "bull flag" breakout. If we smash that level on high volume, the path to the next major resistance at \$27-\$29 opens up immediately. The market is underestimating the 16 Trillion tokenization market that LINK is tapping into.
Mini-Quiz: What does CCIP stand for? First correct answer wins bragging rights!
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