$LINK (Chainlink) is showing strong growth signals after news of participation in the U.S. SEC. The price has quickly risen from around $14 to above $17, even reaching a high of $19 ¹.
Breaking through the important resistance level at $17.46 is seen as a significant milestone, opening up opportunities for the next upward momentum. The next resistance levels that investors need to pay attention to are $19 and $22. If these levels can be breached, the upward trend will be further strengthened ¹.
The next target for LINK will be $28, equivalent to a potential increase of 52% from the current price. However, it is important to note that the cryptocurrency market is always volatile and there may be price corrections in the future ¹.
The announcement regarding Chainlink's participation in the SEC's cryptocurrency task force is also seen as a positive factor, helping to enhance confidence in LINK and open up opportunities for future development ¹.