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BTCC / BTCC Square / Global Cryptocurrency /
Chainlink (LINK) Shows Bullish Continuation as Technical Patterns Strengthen

Chainlink (LINK) Shows Bullish Continuation as Technical Patterns Strengthen

Author:
Global Cryptocurrency
Published:
2025-05-20 20:04:12
15
2
Chainlink LINK News -

Chainlink (LINK) is establishing a strong upward trend, with its price movement now contained within a rising channel pattern—a key technical indicator of continued bullish momentum. This breakout follows a consolidation phase, pointing to renewed institutional interest and algorithmic buying pressure.

Crypto analyst Thomas Anderson highlights that LINK has clearly broken above the 200-day moving average on 30-minute charts, a critical level that has historically signaled extended rallies. The moving average crossover confirms increasing accumulation by strategic holders, with the next resistance level not expected until $18.50.

|Square

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