Chainlink attracts capital as competitors struggle – LINK’s surge above 9.17 USD dependent on.

Chainlink has experienced large capital inflows, recording 1.93 million USD on March 5 and 935.31 thousand USD the next day. This occurs as major cryptocurrencies see substantial outflows, showcasing LINK’s resilience.

LINK has formed an ascending triangle pattern indicating a possible upward momentum. However, momentum indicators suggest that bulls have yet to gain complete control, leaving the situation tentative as investors await a confirmation above 9.17 USD.

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