Chainlink’s Bullish Momentum Fueled by Key Integrations and Cross-Chain Innovation
Over the past 24 to 72 hours, Chainlink ( LINK ) has shown promising momentum as several key partnerships and integrations drive demand for its decentralized oracle network. Currently trading around $10.45, Chainlink has found strong support in the $9.80–$10 range, with potential for a breakout above $12.00, which could push the price toward $15 or even $16 if volume increases​( crypto.news )​( CoinGape ).
Technical Analysis
Chainlink is moving within a falling wedge pattern, typically a bullish reversal signal. If LINK manages to break through the $12 resistance level, traders expect a rally to $15 or higher, with further resistance at $18​( CoinGape ). The price consolidation near support levels indicates potential strength, and a bullish breakout is likely if market conditions remain favorable​( crypto.news ).
Read More: https://onthenode.com/cryptocurrency/chainlinks-bullish-momentum-fueled-by-key-integrations-and-cross-chain-innovation
Over the past 24 to 72 hours, Chainlink ( LINK ) has shown promising momentum as several key partnerships and integrations drive demand for its decentralized oracle network. Currently trading around $10.45, Chainlink has found strong support in the $9.80–$10 range, with potential for a breakout above $12.00, which could push the price toward $15 or even $16 if volume increases​( crypto.news )​( CoinGape ).
Technical Analysis
Chainlink is moving within a falling wedge pattern, typically a bullish reversal signal. If LINK manages to break through the $12 resistance level, traders expect a rally to $15 or higher, with further resistance at $18​( CoinGape ). The price consolidation near support levels indicates potential strength, and a bullish breakout is likely if market conditions remain favorable​( crypto.news ).
Read More: https://onthenode.com/cryptocurrency/chainlinks-bullish-momentum-fueled-by-key-integrations-and-cross-chain-innovation
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