Chainlink ($LINK )

In the last week, the price of Chainlink has risen by nearly 20% and reached $30.94. This is the highest level since November 2021. The rally indicates strong buying pressure and a renewed interest from investors. This positions LINK for potential further growth if the momentum continues.

The EMA lines show that the uptrend remains strong, and the RSI at 57 indicates healthy momentum without overbought conditions. This suggests that LINK has room for further growth, supporting the bullish narrative.

If the token breaks through the resistance level of $31, it may test the mark of $35. However, if the trend reverses, support levels of $27.4 and $22.4 may come into play. They will provide a buffer against a deeper decline.