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Chainlink Just Retested Key Support – Here’s Where Price Could Be Headed Next

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Chainlink Just Retested Key Support – Here’s Where Price Could Be Headed Next - NewsBTC

Quick Summary:

Rising volume alongside a breakout typically reinforces the validity of the move, suggesting that this isn’t just a short-lived spike but possibly the beginning of a more sustained upward trend.  He further emphasizes that a confirmed breakout followed by a successful retest of the previous resistance as support could trigger a parabolic move for Chainlink.

Related Reading: Chainlink (LINK) Targets Rebound To $19 — But Only If This Key Support Holds Jimmy noted that LINK is currently testing the upper trendline resistance of the wedge, with trading volume steadily increasing, a strong sign that buyers are stepping in with conviction.

Chainlink (LINK) is showing renewed promise after a fresh retest of a crucial support level, hinting that the bulls may be gearing up for the next phase of its upward move.


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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 16:00:14 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 453 words

Reading Time: 3 minutes read

Sentences: 73 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 27869543

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 6 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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