The Chainlink price prediction is strongly bullish as LINK bulls flip the $17 region to support, here's the levels buyers can enter at.
The liquidation levels showed a cluster of long liquidations that lined up well with a demand zone from technical analysis.saw a break out past the $17.1 resistance level last week. The price approached this level at press time and is expected to rebound higher after testing it as support. The technical indicators were bullish too.
The Chaikin Money Flow’s +0.12 reading signaled strong capital flow into the market. It emphasized firm buying pressure. Therefore, Chainlink is expected to perform well in the coming days.
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