Chainlink (LINK) tested critical support near $15 on November 3, trading at $16.10 after an 8.3% decline over 24 hours. Analysts are divided on its future trajectory, with Ali Martinez suggesting a potential surge to $100 if LINK breaks above a key trendline in a multi-year symmetrical triangle pattern. Meanwhile, trader Rick Barber highlighted bullish divergence on indicators, anticipating a rebound post-US market open.
In other developments, Chainlink has expanded its Cross-Chain Interoperability Protocol to include the TON Network and Stellar, and has partnered with ICE for financial data feeds. However, analyst Cryptowzrd cautioned that failing to reclaim $16.90 could maintain a bearish outlook in the near term.
Chainlink Tests $15 Support Amid Bullish Analyst Projections
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