LINK price eyes 92% upside after defending support at $23
04 Sept 2025 · 09:53 UTC · Crypto.News RSS Feed · Original source
Read original at Crypto.News RSS Feed →
Summary
LINK price defended the $23 support today, a key level it needs to sustain for a potential rally toward $45 in the coming weeks. According to data from crypto.news, Chainlink (LINK) price dropped 3.3% over the past 7 days. Trading...
Why it matters
A sustained defense of the $23 support level for LINK could trigger buying interest as traders anticipate a potential price increase to $45. This optimism may spill over into the altcoin market, leading to increased trading volume and volatility. However, Bitcoin's reaction may be less pronounced unless a strong correlation between LINK's recovery and BTC price movement is established.
Expected impact
The market could see LINK's price rally if it maintains support at $23, with a potential upward target of $45. This price action may enhance bullish sentiment for both LINK and related altcoins, affecting Bitcoin minimally in the short term.