Chainlink Reaches New LINK Price All-Time High Eyeing $10 Next

Without a doubt, one of the best-performing cryptocurrencies in the past few years is Chainlink.

Can Chainlink continue moving upward and even reach the magical number of $10 or higher?

Chainlink rallies with 41% since the crash last weekend.

As most of the cryptocurrencies saw a massive crash at the weekend, Chainlink did the same.

The price of Chainlink dropped from $8.75 to $6.90, all the way toward the support level of the range it was in.

Only this time the resistance broke down and the price rallied toward $9.60, a new all-time high.

If the 2.618 Fibonacci level is taken, the next resistance zone is found at the $12.50 level.

As stated in the previous article, the likelihood that earlier levels get tested for confirmation of support is quite high after such a massive surge.

As Chainlink's price is acting inside a resistance area, it's crucial for LINK to sustain support at 0.00085000 sats.

An apparent breakthrough of the 0.00085000-0.00088000 sats area would warrant a new test of the highs and possible continuation towards a new all-time high.