Chainlink LINK Bulls Charge Ahead as Price Breaks $24, Eyes $95 Target
Chainlink (LINK) has surged past $24, sparking bullish sentiment among traders. crypto analyst Ali Martinez identifies this breakout as a potential springboard for further gains, with a long-term target of $95. The token's rebound from an August low of $15.42 highlights renewed market confidence.
Technical analysis shows a clear breakout from an ascending triangle pattern, a classic bullish indicator. LINK's 7% intraday rally to $20.69 reflects growing institutional demand for decentralized oracle solutions. Traders are now monitoring whether the momentum can sustain above critical resistance levels.