Summary
TLDR: Chainlink price is currently under $18 but has the potential to rally and make profits for investors. There is increased interest in the asset and a significant supply of tokens that could become profitable. However, there are resistances that could limit the altcoin’s growth, and losing support at $17.85 could lead to a decline in price.
Key Points
1. Chainlink price, currently trading under $18, has the potential to break out and note a rally, which could mean considerable profits.
2. LINK holders have shown a sudden rise in interest in the asset, with active addresses shooting up by nearly 104% on the daily timeframe, hitting a two-month high.
3. Losing the $17.85 support could trigger a decline to the $16.95 support floor, potentially leading to Chainlink’s price falling to $16.00.