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Chainlink (LINK) Builds Bullish Momentum as Analysts Target $34.62
Chainlink (LINK) Builds Bullish Momentum as Analysts Target $34.62
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Chainlink LINK News -
Chainlink (LINK) is showing early signs of bullish momentum, currently trading at $23.59 with a modest 0.51% daily gain. Despite a 22.08% drop in trading volume to $683.06 million, the token remains stable with just a 0.01% weekly decline, indicating low volatility and cautious market sentiment.
Technical analysts point to a textbook bull flag formation on LINK's weekly chart, signaling potential for an upward breakout. A decisive MOVE above key resistance levels could drive prices toward $34.62, with further upside potential to $40.49 if market momentum holds.
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