Chainlink (LINK) Breaks Multi-Month Downtrend, Poised for Explosive Rally
9h ago•
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Chainlink (LINK) has shattered a multi-month downtrend and confirmed the breakout with a successful retest, signaling the start of a major bullish move. The 14th largest cryptocurrency by market cap is climbing after forming a textbook double bottom, a bullish reversal pattern known as the W pattern. The price now sits roughly 12% below the neckline, the key resistance level. If LINK breaks above it, a powerful rally to follow is expected. LINK Surges Past Key Trendline Fueled by broader crypto market optimism, Chainlink (LINK) has surged over 16% this week, decisively breaking above the psychological $15.33 downtrend resistance,
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9h ago•
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