Chainlink spearheads crypto recovery, Arbitrum and MemeCore follow bullish trend

Chainlink (LINK) led the recovery with a 13% surge, bolstered by its LINK reserve announcement, now holding 109,663 tokens. If it surpasses $26.68, it may present a buying opportunity aimed at $30.

Arbitrum (ARB) declined by over 1% after an 8.87% rise, facing resistance at $0.5712. It consolidates with a lower band at $0.4842; a close below could test the 200-day EMA at $0.4437.

MemeCore showed strong bullish potential after breaking out of a wedge pattern. It’s currently retesting the 50-period EMA of $0.4351, aiming for $0.4846 while indicators maintain an upward momentum.

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