Chainlink (LINK) is currently consolidating around $17.62, with the $20.00 mark serving as a significant resistance level. The cryptocurrency has experienced limited volatility, maintaining a narrow trading range between $17.15 and $17.76 over the past 24 hours. The $17.15 support level has been pivotal in preventing further declines since early October. Traders are monitoring the market for a potential breakout above $20.00, which could alter the short-term price dynamics.