Chainlink (LINK) faces significant headwinds, with its price recently bouncing off the $13 support level and currently trading around $13.87. Key indicators like RSI, MACD, and EMA show bullish signals, suggesting a potential rise to $17 or $19 if buying momentum continues. However, if LINK fails to hold the $13 support, it could drop to $10 or even $8.50. The market shows cautious optimism, contingent on maintaining current support levels.

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