Posted 12/28/2023, 9:02:28 AM
Chainlink Price Hits New Yearly High After 6 Weeks of Consolidation, Analysts Bullish With Targets Over $20
- Chainlink (LINK) price reached a new yearly high of $17.68 after 6 weeks of consolidation
- LINK is trading inside a long-term horizontal resistance area
- Analysts are bullish on LINK, with price targets of over $20
- Technical analysis shows LINK may have begun the fifth and final wave up to $23.75
- Support is at $14; resistance is at $23.75, the top of the ascending parallel channel