Chainlink (LINK) Becomes the ‘Tesla’ of Cryptocurrency — What’s Next?

After breaking above the $5 level, LINK price surged nearly 100% in a matter of days and ended by making a new all-time high at $8.40. However, a clearer signal would be a corrective move towards the $5 level, as that used to be a significant resistance zone before the massive breakout occurred.

In the case of Bitcoin, the resistance zone at $10,000-$10,500 has been a tough area to surmount for a year already and for LINK the 0.00055000 sats barrier has been a resistance zone for seven months. If that level sustains support, it’s likely that XTZ/USDT will break through the $3 barrier and test the all-time high.

Timeline of Bitcoin, Chainlink