Chainlink (LINK) Tests Key $16.38 Resistance as Analysts Eye $100 Target
Chainlink (LINK) is currently challenging a crucial resistance level at $16.38, with market analysts maintaining optimism despite recent pullbacks. The cryptocurrency established interim support at $15.24 after retreating from yesterday's high of $16.36.
Several analysts are projecting more ambitious long-term targets, including one bold prediction of $100. LINK's ability to maintain above critical support levels demonstrates persistent buyer interest, though traders await confirmation of sustained upward momentum.