Chainlink (LINK) is approaching the $14 level.

LINK Reaches $13.97 with a 4.17% Increase

Chainlink (LINK) has risen to $13.97 with a 4.17% increase in its latest session, outperforming the CoinDesk 5 Index that represents the overall cryptocurrency market. This movement occurred following a breakout above the $13.58 resistance level, and this extraordinary increase was accompanied by a 95% surge in trading volume, signaling institutional buying.

Short-Term Resistance Levels

Currently, the Chainlink token is testing the $14.00 level, identified as short-term resistance. If this resistance is overcome, potential upward targets are noted to be around $14.50.