Top Analyst Expects Chainlink Price to See Continuation Toward $14.50: Here’s How
Key Insights:
- A top analyst predicts Chainlink (LINK) price at $14.50, sparking market optimism.
- Spot LINK ETFs recorded seven consecutive inflow days.
- Coinbase selected Chainlink Data Feeds to price its tokenized U.S. equities.
Chainlink price sat at around $11.50 after a 1.1% 24-hour gain, with analysts calling for more upside. One LINK price prediction identifies $14.50 as the continuation target. However, the analysis also marked two lower buying areas.
Meanwhile, LINK briefly fell to $11.09 before buyers pushed it through $11.30 and $11.40. The token then challenged $11.50, its first resistance area. Initial support sits between $11.25 and $11.30, followed by the intraday low at $11.09.
Chainlink’s market capitalization stood at $8.597 billion, while 24-hour trading volume reached $339.706 million.
However, the targets and price levels referenced in this article reflect current technical indicators and are subject to market uncertainty. Cryptocurrency prices can move sharply and unexpectedly, so investors should carefully evaluate the risks and consider seeking advice from a qualified financial professional.
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