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Will Chainlink Price Break $10 Resistance Next? | Coinfeather

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Will Chainlink Price Break $10 Resistance Next?

Coinpedia14 days ago2 min readBy Yash Jain

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Chainlink's recent surge in integrations across multiple services and chains indicates a fundamental expansion of its infrastructure, yet the price action remains constrained by significant leverage-driven resistance at $10.
The accumulation of LINK in the Chainlink Reserve and consistent inflows into its ETF suggest underlying demand, but the immediate price trajectory hinges on breaking through the $10 resistance level, which could trigger a short squeeze.
A break below the $8 support level poses a risk of cascading liquidations towards $6, while a decisive move above $10 could propel LINK towards $12-$14, highlighting a critical leverage battleground for traders.
Despite strong fundamental growth and positive ETF flows, Chainlink's price is currently consolidating, awaiting a catalyst to overcome the $10 resistance and unlock potential upside driven by leveraged positions.

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