Chainlink shows signs of life: Why crossing 15.30 USD can help LINK reach 17 USD

Chainlink is targeting a breakout above 15.30 USD, which may fuel momentum towards 17 USD. Currently trading at 15.02 USD, the cryptocurrency has seen a 0.55% increase in the past 24 hours.

Key indicators suggest bullish momentum, including an inverse head-and-shoulders pattern and positive on-chain activity, like a 73.2% rise in transfer volume. However, caution is advised due to increased short-term selling signals.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts