Why isn't LINK breaking out to $17, $18 or higher?
LINK keeps testing the $16–$18 range but fails to break through. Here's why the breakout hasn't happened yet:
Strong resistance zone – $16 to $18 has become a major wall, with many traders selling at these levels.
Lack of buying volume – Every time LINK approaches resistance, there's not enough volume to push it higher.
Market conditions – Uncertainty in the overall crypto market is making it harder for altcoins to gain momentum.
Whale activity – Some large wallets may be taking profit in this range, adding selling pressure.
Until LINK can close and hold above $18 with strong volume, it's likely to stay range-bound.