Chainlink Continues its Bullish Streak: LINK Price May Go Higher than 20% This Week!
Story Highlights • After the bullish rebound, the Chainlink price has been swelling as more traders jump in showing extreme confidence in the platform • With the bullish sentiments piling over the crypto, the price is believed to surge by over 25% in the next few days, setting a new yearly high
The token is displaying extreme strength as the bulls seem to have capitulated the rally following a bullish rebound that occurred in the last week. The volume has been consistent, which indicates the growing interest of the traders in the platform. Now that the price has surpassed one of the key resistance levels, a bullish continuation is expected, which may elevate the levels beyond the desired target of $20.
Is this just a beginning? Is LINK price aiming for a higher target for the monthly close?
Ever since the price broke the 20-month-long consolidation, the Marines have become hopeful of the upcoming trend. Another breakout could be on the horizon, as the price has now surged above the barrier, which may attract fresh liquidity hereafter. With this, the target of $20 has become achievable, while the real targets have become more elevated beyond the yearly highs