Chainlink LINK Stabilizes at $8.99, Technical Pattern Suggests Potential Rally to $75-$100
Chainlink (LINK) is holding steady at $8.99 as market participation increases, with trading volume surging 42.24% to $790.49 million. The asset has gained nearly 3% over the past week, indicating steady accumulation despite low volatility.
A symmetrical triangle formation on the two-week chart points to a compression phase, which often precedes significant price movement. The $7–$9 zone is acting as strong support, reinforcing the long-term bullish structure. Key resistance is seen at $30–$35; a confirmed breakout above this level could open the path toward targets of $45 to $100.
Log in to Reply
Log in to comment your thoughtsComments
Related Articles
|Square
Get the BTCC app to start your crypto journey
Get started today Scan to join our 100M+ users