*Here are the Crucial Levels to Achieve for the Chainlink (LINK) Price Rally to Hit $25 in 2024*
The LINK price has triggered a strong rebound from one of the important support levels, which suggests a clear rise from the bearish captivity
Meanwhile, the bulls are required to gain some strength and elevate the levels beyond the resistance zone, which may begin a fresh bullish case beyond $20
*Will the LINK price rise above $15 and validate a rise above $22 in October?*
The bears have been trying hard to drag the levels to a single-digit figure a couple of times, but the bullish presence at these levels prevented an excessive descending trend. Currently, the bulls are facing a lack of strength after rising above $11.35 and hence a small drop to $11 could be fast approaching.
With this, the bulls are expected to regain dominance, but the Chainlink price is required to achieve certain levels to keep up the bullish momentum.
The formations seem to have been repeating as the price is testing the lower bands of the channel as it did back in the first few days of 2022.
Although the price triggered a rebound then, the bears slashed the price hard to $6, a 70% plunge.
