Chainlink to $28? LINK Price Eyes Bullish Retest

Key Points

1. Crypto analyst Ali suggests LINK is in a bullish retest phase at its breakout zone, potentially leading to a rise to $22 or $28.

2. LINK recently broke above $20 but faced resistance at $20.28, dropping to $17.17 before rebounding to $19.53.

3. Whales accumulated over 1.6 million LINK in two weeks, indicating strong buying interest during consolidation.

4. LINK's price rose from a low of $12.20 to $20.28 before the broader market sell-off.

5. At press time, LINK was up 3.53% in the last 24 hours, trading at $19.53.