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Why Chainlink Price Jumps 10%, Will LINK Hit $50?

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Summary
Nutrition label

65% Informative

Chainlink (LINK) price has witnessed a surge climbing over 10% in the last 24 hours after establishing support at the intra-low of $ 27.81 .

This trend follows a breakout from a long-term downtrend that spanned multiple years , supported by strong buying momentum and technical patterns.

Donald Trump ’s World Liberty Finance has bought LINK tokens worth over $ 2.3 m due to the Blackrock partnership speculation as we earlier reported.

Chainlink price is approaching critical resistance near $ 30.40 , with intermediate resistance zones identified in the $ 35$40 range with a longer-term target of $ 55.39 being projected.

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