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Chainlink LINK Breaks Key Resistance, Eyes $100 Target Amid Bullish Momentum
Chainlink LINK Breaks Key Resistance, Eyes $100 Target Amid Bullish Momentum
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Chainlink LINK News -
Chainlink (LINK) has surged past the critical $21–$23 resistance zone, signaling a decisive bullish phase. Trading at $23.42 with $863 million in 24-hour volume and a $15.87 billion market cap, the stabilization following this breakout reflects growing investor confidence.
Key support at $21 has held firm, reinforcing the reversal from previous consolidation. Technical indicators, including an RSI of 60.31 and a bullish MACD crossover at +0.89732, underscore strong upward potential. Analysts emphasize the validation of a multi-year symmetrical triangle pattern, with Fibonacci retracement levels suggesting further gains ahead.
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