$LINK
As of May 18, 2025, Chainlink (LINK) is trading at approximately $15.59, reflecting a modest intraday gain of 0.84%. The price has fluctuated between $15.19 and $15.65 today, indicating a period of consolidation following recent market activity.
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🔍 Market Overview
LINK has recently tested a key support level around $13.15, which aligns with the 0.618 Fibonacci retracement—a critical zone that previously acted as a breakout point. Holding above this level suggests potential for bullish continuation, with resistance levels to watch at $15 and $18 .
Analysts have observed that maintaining support above $14 could signal the beginning of a new upward cycle for LINK, with the next resistance level identified at $14 .
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📈 Price Forecast for May 2025
Projections for LINK in May 2025 vary among analysts:
Changelly: Predicts an average price of $12.44, with a range between $8.83 and $16.04 .
CoinCodex: Suggests a potential decrease to an average of $10.89, fluctuating between $8.50 and $15.48 .
Binance: Forecasts a steady price around $15.59 through late May .