• Chainlink has extended its recent price rally.
• Analysts are debating whether LINK could fall back towards US$10.
• Investors are watching key support and resistance levels.

Chainlink (CRYPTO:LINK) has continued its recent rally, but analysts are divided over whether the token can hold its gains or retreat towards the US$10 level.

The token has outperformed much of the broader crypto market in recent weeks as investor interest returned to decentralised finance and tokenisation projects.

Market analysts said US$10 remains an important support level, while stronger buying could help Chainlink maintain its recent upward momentum.

Chainlink provides blockchain oracles that deliver real-world data to smart contracts and remains a key infrastructure…