Chainlink (LINK) Stuck In A Box: What The Current Price Channel Means For Traders

Chainlink’s native token, LINK, continues to trade within a clearly defined price channel, reflecting a period of consolidation as the broader crypto market is yet to establish a clear market direction. Meanwhile, renowned analyst Ali Martinez provides some key insights on the LINK market, highlighting the potential price targets for the next breakout. Related Reading: Litecoin Structure Intact, But $63 Remains The Line Bulls Must Defend Chainlink In Compression Phase Between $12-$15 — What Next? In a recent X post, Martinez shares an analysis of the LINK 12-hour chart, which shows the altcoin has been range-bound between key support at $11. 89 and resistance near $14 source: https://www.newsbtc.com/news/chainlink/chainlink-link-stuck-in-a-box-what-the-current-price-channel-means-for-traders/