Chainlink shows strong momentum with nearly 200% price increase since November 2024

LINK’s price rally shows strong growth: Since November 7, LINK has increased by nearly 200%, demonstrating strong momentum among buyers. Technical breakout above key resistance reinforces the bullish outlook, suggesting possible price appreciation towards historical highs.

Adoption of Web3 technologies boosts LINK: The growing adoption of Web3 technologies by Web2 firms solidifies Chainlink’s market position. With no immediate resistance, LINK is set to benefit from this integration, fostering Optimism for continued upward trends.

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