Chainlink (LINK) is showing bullish momentum, recovering from the $12.65 support level. The price has moved above key resistance levels, currently trading above $13.50 and the 100-hourly simple moving average. A significant break above $14.20 could lead to further gains towards $14.50 and $15.00. If LINK fails to clear $14.20, it might see a downside correction to support levels around $13.80 and $13.50. Investors should monitor these key levels and market indicators.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
