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LINK has started to break out of the correction and return to the uptrend when it breaks through $30. I expect LINK to grow with BTC when BTC hits $80K. Expected prices for LINK are $130 and $200 right in this altseason.
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Chainlink Revisits Its Peak Price, Battles Next Resistance at $31
Chainlink's (LINK) price is moving positively after rising above its moving averages. The cryptocurrency is likely to retest resistance at $31. Beyond that, the bullish momentum is likely to extend to the previous high of $35.
However, this is unlikely if the resistance at $31 remains unbroken. It is worth noting that the bulls have yet to break through $31 resistance since September 5. Therefore, the current bullish momentum will face tough resistance at the next resistance level. In the last price action, the price of LINK was rejected as the altcoin fell to a low of $21 as the bulls bought the dips. Meanwhile, the cryptocurrency is trading at $30.20 as we write this article.
