LINK to reclaim $20 as coin pumps 10%; Check forecast
The post LINK to reclaim $20 as coin pumps 10%; Check forecast appeared on BitcoinEthereumNews.com.
Key takeaways Chainlink is the best performer among the top 20 cryptocurrencies by market cap, up 10% in the last 24 hours. LINK could reclaim the $20 level soon as bullish momentum returns. Chainlink outperforms other major coins LINK, the native coin of the Chainlink blockchain, is up by 10% in the last 24 hours, outperforming the other major cryptocurrencies. The rally saw LINK surge from the Friday low of $15 and is now trading close to $19 per coin. There is no major catalyst behind the move as the broader crypto market is currently undergoing a recovery. Bitcoin, the leading cryptocurrency by market cap, is trading above $111k after dropping below $104k over the weekend. Altcoins are also in the green, with Ether leading the way after reclaiming $4k. BNB, SOL, XRP, DOGE, TRX, and ADA all added over 2% to their values in the last 24 hours. Thanks to the ongoing recovery, the total cryptocurrency market cap now stands at $3.75 trillion. LINK eyes $20 amid bullish price action The LINK/USD 4-hour chart remains bearish and inefficient despite Chainlink adding 10% to its value in the last 24 hours. At press time, LINK is trading at $18.8. However, the technical indicators are switching bullish as more buyers enter the market. The RSI of 67 shows that buyers are in control, and LINK/USD could enter the overbought region soon if the bullish trend continues. The MACD lines are also within the positive area, indicating a strong bullish bias at the moment. If the rally continues, LINK could reclaim the $20 level over the next few hours. An extended rally would allow LINK to target the major resistance and TLQ level at $23.5 over the next few hours or days. On the flip side, failure to build on this momentum…
Filed under: News - @ October 20, 2025 11:29 am