{"id":34469,"date":"2023-12-20T07:47:15","date_gmt":"2023-12-20T07:47:15","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/12\/20\/chainlink-link-is-gearing-up-for-the-next-leg-of-bull-run-20-soon\/"},"modified":"2023-12-20T07:47:15","modified_gmt":"2023-12-20T07:47:15","slug":"chainlink-link-is-gearing-up-for-the-next-leg-of-bull-run-20-soon","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/12\/20\/chainlink-link-is-gearing-up-for-the-next-leg-of-bull-run-20-soon\/","title":{"rendered":"Chainlink (LINK) Is Gearing Up for the Next Leg of Bull Run, $20 Soon?"},"content":{"rendered":"

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Chainlink\u2019s native cryptocurrency LINK witnessed a staggering price rally<\/a> earlier this yr shifting from $7-$14. However, bulls have been resting since then as the Chainlink (LINK) worth consolidates round $14. But market analysts consider that the Chainlink might be gearing up for the subsequent leg of the bull run amid latest worth consolidation.<\/p>\n

Chainlink Price Prediction<\/h3>\n

As lengthy as the Chainlink (LINK) worth holds the $14 degree, the bulls maintain the higher hand over the bears. In the assessment<\/a> offered by crypto analyst Michael van de Poppe, Chainlink is noticed to be in a consolidation section round the $14 mark, with no indicators of nearing a retest at $8. According to the analyst, entry factors in the vary of $11 to $14 are deemed favorable.<\/p>\n

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The goal set for the subsequent 3-6 months is $25. Van de Poppe means that the upward cycle has initiated, and these consolidation intervals characterize opportune moments for entry into the market.<\/p>\n

Bluntz, a pseudonymous analyst with a considerable following of 232,400 on the social media platform X, is signaling quite a few bullish reversal indicators for Chainlink (LINK) on the eight-hour chart. The analyst means that LINK could expertise a rally to a degree not seen since January 2022.<\/p>\n

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