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BTCC / BTCC Square / Global Cryptocurrency /
Chainlink LINK Shows Bullish Signals as Key Resistance Nears Breakout

Chainlink LINK Shows Bullish Signals as Key Resistance Nears Breakout

Author:
Global Cryptocurrency
Published:
2025-08-07 22:04:14
23
3
Chainlink LINK News -

Chainlink's LINK token is displaying strong indications of an imminent breakout as it nears crucial resistance levels. Market analysts highlight a symmetrical pattern in the price action—a historical signal often preceding major price movements. The current consolidation phase, now reaching its final stages, bears resemblance to Bitcoin's previous bull market setups.

Trading volume patterns suggest institutional accumulation, with $350 million in daily activity supporting the bullish case. A clear breakout above $20 could spark accelerated buying pressure. Currently trading at $16.63 with an $11.28 billion market capitalization, LINK maintains steady upward momentum amid favorable market conditions.

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