Chainlink (LINK) Poised for $88 Surge as Analysts Upgrade Bullish Outlook
Chainlink's LINK has jumped 15% over the past week, with market analysts now forecasting a potential breakout above its $52.88 all-time high. Noted crypto strategist Javon Marks has identified a bullish Cup and Handle formation, setting price targets at $47.15 and $88.26 if the token sustains support above $20.
The altcoin's 37% monthly rally coincides with the introduction of chainlink Reserve, a new network sustainability initiative. Trading volume has skyrocketed 90% to $1 billion as both retail traders and institutional players continue accumulating positions.