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Chainlink (LINK) Witnesses 17% Price Surge and Breaks $8 Resistance Barrier Amid Bullish Rally Among Altcoins

Chainlink (LINK) experienced a remarkable 17% surge in its price within 24 hours, breaking through the $8 resistance level and indicating a potential shift in its market dynamics. The surge in price was accompanied by an impressive 780% increase in 24-hour trading volume, highlighting the surge in market activity and interest in Chainlink.

The crypto community on CoinMarketCap predicts that LINK will trade at $7.04 by the end of July, a decrease from its current price, but a recent price estimate for the end of June had an accuracy rating of 88%. Crypto trading expert Michaël van de Poppe believes that LINK has entered a bull market phase and could potentially reach a price range of $16.

Chainlink Chainlink $22.04
-0.56%
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