{"id":414657,"date":"2024-08-16T10:30:17","date_gmt":"2024-08-16T05:00:17","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=414657"},"modified":"2024-08-15T16:46:04","modified_gmt":"2024-08-15T11:16:04","slug":"can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\/","title":{"rendered":"Can Chainlink hit $23? Why LINK&#8217;s breakout seems closer than ever"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">LINK price was still caught in the local sideways range, with support at $10 price region.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">The RSI divergence indicator signaled a rebound as LINK&#8217;s balance on exchanges declined.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/ambcrypto.com\/predictions\/chainlink-price-prediction\">Chainlink\u2019s [LINK]<\/a> price remained stuck in a consolidation ever since the 5th of August. However, if the price rebounds from $9.65 support, it could trigger a bullish trend.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Conversely, if the price falls to $8.56, a larger downward trend may develop. A rise above $10.85 is crucial to confirm the next upward move.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Current analysis suggests that Chainlink will continue to consolidate, but a breakout is likely soon as the market gathers momentum.\u00a0<\/span><\/p>\n<figure id=\"attachment_414722\" aria-describedby=\"caption-attachment-414722\" style=\"width: 1587px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU8v7JRXQAAnDPg.jpeg\"><img decoding=\"async\" class=\"wp-image-414722 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU8v7JRXQAAnDPg.jpeg\" alt=\"\" width=\"1587\" height=\"908\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU8v7JRXQAAnDPg.jpeg 1587w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU8v7JRXQAAnDPg-300x172.jpeg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU8v7JRXQAAnDPg-1024x586.jpeg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU8v7JRXQAAnDPg-768x439.jpeg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU8v7JRXQAAnDPg-1536x879.jpeg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU8v7JRXQAAnDPg-1200x687.jpeg 1200w\" sizes=\"(max-width: 1587px) 100vw, 1587px\" \/><\/a><figcaption id=\"caption-attachment-414722\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">This could lead to a reversal, pushing LINK toward its short-term high of $23 making it a good asset to invest in on a long-term or short-term basis.<\/span><\/p>\n<h2><b>Is the rebound around the corner?\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The RSI indicator on the 4-hourly chart was nearing the 50% level at press time, signaling a potential market rebound. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The indicator formed a double bottom at 46% and is now moving towards 50%, indicating a possible upward reversal for LINK.\u00a0<\/span><\/p>\n<figure id=\"attachment_414718\" aria-describedby=\"caption-attachment-414718\" style=\"width: 1294px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/Screenshot-361.png\"><img decoding=\"async\" class=\"wp-image-414718 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/Screenshot-361.png\" alt=\"\" width=\"1294\" height=\"644\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/Screenshot-361.png 1294w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/Screenshot-361-300x149.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/Screenshot-361-1024x510.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/Screenshot-361-768x382.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/Screenshot-361-1200x597.png 1200w\" sizes=\"(max-width: 1294px) 100vw, 1294px\" \/><\/a><figcaption id=\"caption-attachment-414718\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">This suggested a favorable entry point for long-term investment in Chainlink, especially as the broader cryptocurrency market is expected to grow. <\/span><\/p>\n<h2><b>Declining LINK balance on exchanges<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">On-chain data from Coinglass revealed a decreasing balance of LINK on all exchanges, likely due to the market crash and the ongoing correction phase in altcoins.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This decline suggested a potential rebound for Chainlink. Typically, when an asset\u2019s exchange balance drops, it indicated that large financial institutions may start buying, anticipating an upward move.\u00a0<\/span><\/p>\n<figure id=\"attachment_414665\" aria-describedby=\"caption-attachment-414665\" style=\"width: 1343px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU4joJnWAAAzfpt.jpeg\"><img decoding=\"async\" class=\"wp-image-414665 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU4joJnWAAAzfpt.jpeg\" alt=\"\" width=\"1343\" height=\"384\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU4joJnWAAAzfpt.jpeg 1343w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU4joJnWAAAzfpt-300x86.jpeg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU4joJnWAAAzfpt-1024x293.jpeg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU4joJnWAAAzfpt-768x220.jpeg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU4joJnWAAAzfpt-1200x343.jpeg 1200w\" sizes=\"(max-width: 1343px) 100vw, 1343px\" \/><\/a><figcaption id=\"caption-attachment-414665\" class=\"wp-caption-text\">Source: Coinglass<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The low balances often signal that a price reversal could be imminent, making it an opportune time for investment as Chainlink, along with other altcoins, is poised for recovery. <\/span><\/p>\n<h2><b>The 180-day low indicator for altcoins<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Last week&#8217;s sharp sell-off may have marked the crypto market&#8217;s mid-cycle pullback low, as suggested by the 180-day low indicator, indicating that altcoins have likely bottomed out.\u00a0<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read\u00a0<a href=\"https:\/\/ambcrypto.com\/predictions\/chainlink-price-prediction\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Chainlink\u2019s [LINK] Price Prediction<\/a>\u00a02024-25<\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">However, it is wise to wait for broader market confirmation before declaring a recovery. The advance\/decline line (ADL), which tracks the cumulative performance of the top 40 assets, still shows weak momentum.\u00a0<\/span><\/p>\n<figure id=\"attachment_414724\" aria-describedby=\"caption-attachment-414724\" style=\"width: 1476px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU8lGRNaQAA_1PU.jpeg\"><img decoding=\"async\" class=\"wp-image-414724 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU8lGRNaQAA_1PU.jpeg\" alt=\"\" width=\"1476\" height=\"646\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU8lGRNaQAA_1PU.jpeg 1476w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU8lGRNaQAA_1PU-300x131.jpeg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU8lGRNaQAA_1PU-1024x448.jpeg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU8lGRNaQAA_1PU-768x336.jpeg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/GU8lGRNaQAA_1PU-1200x525.jpeg 1200w\" sizes=\"(max-width: 1476px) 100vw, 1476px\" \/><\/a><figcaption id=\"caption-attachment-414724\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Despite this, now may be an opportune time to invest in Chainlink (LINK) for the long term, as prices could be at their lowest point in the cycle. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chainlink is set to reclaim its short-term high of $23, as on-chain and technical analysis suggest. <\/p>\n","protected":false},"author":98,"featured_media":414778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,6380,66,3,4,20],"tags":[],"class_list":["post-414657","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-chainlink-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Can Chainlink hit $23? Why LINK&#039;s breakout seems closer than ever - AMBCrypto<\/title>\n<meta name=\"description\" content=\"LINK&#039;s price hovers in a critical range, with potential bullish momentum targeting the $23 price mark if a breakout to the upside happens.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can Chainlink hit $23? Why LINK&#039;s breakout seems closer than ever - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Chainlink is set to reclaim its short-term high of $23, as on-chain and technical analysis suggest.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-16T05:00:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/LINK-WEBP.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Lennox Gitonga\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/x.com\/lennoxgitonga\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lennox Gitonga\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"AnalysisNewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\\\/\"},\"author\":{\"name\":\"Lennox Gitonga\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/2e30c6eabb27ebd61e6b40e35e3bfdac\"},\"headline\":\"Can Chainlink hit $23? Why LINK&#8217;s breakout seems closer than ever\",\"datePublished\":\"2024-08-16T05:00:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\\\/\"},\"wordCount\":430,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/LINK-WEBP.webp\",\"articleSection\":[\"Altcoin\",\"ChainLink\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\\\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\\\/\",\"name\":\"Can Chainlink hit $23? Why LINK's breakout seems closer than ever - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/LINK-WEBP.webp\",\"datePublished\":\"2024-08-16T05:00:17+00:00\",\"description\":\"LINK's price hovers in a critical range, with potential bullish momentum targeting the $23 price mark if a breakout to the upside happens.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/LINK-WEBP.webp\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/LINK-WEBP.webp\",\"width\":1792,\"height\":1024,\"caption\":\"Can Chainlink hit $23? Why LINK's breakout seems closer than ever\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/2e30c6eabb27ebd61e6b40e35e3bfdac\",\"name\":\"Lennox Gitonga\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/7742849e-53ec-4881-82d6-b96de68a0f13-100x100.jpg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/7742849e-53ec-4881-82d6-b96de68a0f13-100x100.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/7742849e-53ec-4881-82d6-b96de68a0f13-100x100.jpg\",\"caption\":\"Lennox Gitonga\"},\"description\":\"Lennox Gitonga is a Financial Market and On-Chain Analyst at AMBCrypto with a Bachelor of Commerce in Finance. As a former equities trader, he applies traditional market rigor to crypto, delivering clear technical and on-chain analysis that explains price action, liquidity, and network behavior driving digital asset trends.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/lennox-gitonga\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/x.com\\\/lennoxgitonga\"],\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/lennox-gitonga\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Can Chainlink hit $23? Why LINK's breakout seems closer than ever - AMBCrypto","description":"LINK's price hovers in a critical range, with potential bullish momentum targeting the $23 price mark if a breakout to the upside happens.","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\/","og_locale":"en_US","og_type":"article","og_title":"Can Chainlink hit $23? Why LINK's breakout seems closer than ever - AMBCrypto","og_description":"Chainlink is set to reclaim its short-term high of $23, as on-chain and technical analysis suggest.","og_url":"https:\/\/ambcrypto.com\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2024-08-16T05:00:17+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/LINK-WEBP.webp","type":"image\/webp"}],"author":"Lennox Gitonga","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/x.com\/lennoxgitonga","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Lennox Gitonga","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"AnalysisNewsArticle","@id":"https:\/\/ambcrypto.com\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\/"},"author":{"name":"Lennox Gitonga","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/2e30c6eabb27ebd61e6b40e35e3bfdac"},"headline":"Can Chainlink hit $23? Why LINK&#8217;s breakout seems closer than ever","datePublished":"2024-08-16T05:00:17+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\/"},"wordCount":430,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/LINK-WEBP.webp","articleSection":["Altcoin","ChainLink","News","News 1","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\/","url":"https:\/\/ambcrypto.com\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\/","name":"Can Chainlink hit $23? Why LINK's breakout seems closer than ever - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/LINK-WEBP.webp","datePublished":"2024-08-16T05:00:17+00:00","description":"LINK's price hovers in a critical range, with potential bullish momentum targeting the $23 price mark if a breakout to the upside happens.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/can-chainlink-hit-23-why-links-breakout-seems-closer-than-ever\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/LINK-WEBP.webp","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/LINK-WEBP.webp","width":1792,"height":1024,"caption":"Can Chainlink hit $23? Why LINK's breakout seems closer than ever"},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/2e30c6eabb27ebd61e6b40e35e3bfdac","name":"Lennox Gitonga","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/7742849e-53ec-4881-82d6-b96de68a0f13-100x100.jpg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/7742849e-53ec-4881-82d6-b96de68a0f13-100x100.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/7742849e-53ec-4881-82d6-b96de68a0f13-100x100.jpg","caption":"Lennox Gitonga"},"description":"Lennox Gitonga is a Financial Market and On-Chain Analyst at AMBCrypto with a Bachelor of Commerce in Finance. As a former equities trader, he applies traditional market rigor to crypto, delivering clear technical and on-chain analysis that explains price action, liquidity, and network behavior driving digital asset trends.","sameAs":["https:\/\/www.linkedin.com\/in\/lennox-gitonga","https:\/\/x.com\/https:\/\/x.com\/lennoxgitonga"],"url":"https:\/\/ambcrypto.com\/author\/lennox-gitonga\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/414657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/98"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=414657"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/414657\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/414778"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=414657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=414657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=414657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}