Chainlink ($LINK) has shown a robust 8.55% price increase over the past 24 hours, reaching a peak of $16.42. Currently, it hovers near the resistance level of $16.42, with a strong support at $15.01. Trader sentiment is cautiously optimistic, indicating potential for a breakout. The RSI at 62.94 suggests LINK is nearing overbought territory, which may lead to a short-term correction if it fails to breach resistance. Watch for significant developments in Chainlink’s partnerships or integrations, as these could further sway market sentiment and price movements.
