Chainlink Price Analysis for Today (Dec 28, 2024)

The current price of Chainlink ($LINK ) is $21.26 , the price is down -6.88% in the last 24 hours. LINK is currently listed on 68 exchanges , and a total of 24,490,202 LINK coins have been traded in the last 24 hours, representing $520,781,016 in trading volume. $BTC $SUI

Chainlink (LINK) opened at $21.59 today. This is down -1.49% from its opening price. Despite rallying to $21.60, Chainlink (LINK) has encountered resistance and has failed to sustain the momentum higher. From the highest price in the last 30 and 7 days, its value has decreased by -30.98% and -18.00% , while from the lowest price recorded in the same period of time, it has increased by 25.03% and 5.67%.

According to our analysis, LINK needs to remain above $20.10 to potentially move towards the first major resistance level at $21.55. A breakout above $21.55 could lead LINK to rise to the next resistance level at $23.89. The third resistance is at $25.62.

If the price falls, the first support level to watch is $20.10. If this level fails to hold, further decline is possible to the next support level at $18.88#BtcNewHolder