Rally

Spike

Resistance

Chainlink

<p>Two tokens are catching the attention of market watchers: Chainlink (LINK) and Lido Finance (LDO). Recent technical analysis suggests both could be on the verge of substantial price increases, potentially offering lucrative opportunities for investors.</p>
<h2 class="wp-block-heading" id="chainlink-link-eyes-50-surge-following-breakout">Chainlink (LINK) Eyes 50% Surge Following Breakout</h2>
<p>According to crypto analyst World Of Charts (@WorldOfCharts1), Chainlink has confirmed a price breakout that could propel the token toward its yearly high of $22. With LINK currently trading around $14, this projected move represents a potential gain of over 50%.</p>
<p><em>“$Link Breakout Has Already Confirmed As Expected Expecting Move Towards Yearly High 22$,”</em> the analyst stated in a recent post.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="580" src="https://captainaltcoin.com/wp-content/uploads/2024/06/image-747-1024x580.png" alt="" class="wp-image-511979" srcset="https://captainaltcoin.com/wp-content/uploads/2024/06/image-747.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-747-300x170.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-747-768x435.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-747-1536x870.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-747-2048x1160.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-747-265x150.png 265w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-747-100x57.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-747-618x350.png 618w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-747-788x446.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>This bullish prediction comes at a time when Chainlink has been gaining traction in the decentralized finance (DeFi) space. The platform’s oracle services, which provide real-world data to blockchain networks, have become increasingly vital for many DeFi protocols.</p>
<h2 class="wp-block-heading" id="lido-finance-ldo-tests-crucial-resistance">Lido Finance (LDO) Tests Crucial Resistance</h2>
<p>Meanwhile, Lido Finance’s native token, LDO, is also showing promising signs of an impending rally. World Of Charts highlighted LDO’s resilience in the face of broader market volatility:</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="580" src="https://captainaltcoin.com/wp-content/uploads/2024/06/image-748-1024x580.png" alt="" class="wp-image-511987" srcset="https://captainaltcoin.com/wp-content/uploads/2024/06/image-748-1024x580.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-748-300x170.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-748-768x435.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-748-1536x870.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-748-2048x1161.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-748-265x150.png 265w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-748-100x57.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-748-618x350.png 618w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-748-788x446.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-748.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p><strong><em>Read Also: <a href="https://captainaltcoin.com/floki-outshines-meme-coin-rivals-eyes-major-exchange-listing-bonk-faces-key-support-shows-bullish-potential/" target="_blank" rel="noopener noreferrer nofollow">FLOKI Outshines Meme Coin Rivals, Eyes Major Exchange Listing; BONK Faces Key Support, Shows Bullish Potential</a></em></strong></p>
<p><em>“$Ldo While Many #Alts Crashed #Ldo Gave Us 15%+ Profit So Far And Currently Testing Crucial Trendline Successful Breakout Can Lead Another Massive Bullish Rally Towards 4$”</em></p>
<p>With LDO currently trading at approximately $2.40, a breakout above the crucial trendline could potentially trigger a 60% surge, pushing the token towards the $4 mark.</p>
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<p>Lido Finance, a liquid staking solution provider, has gained prominence in the Ethereum ecosystem, particularly following the network’s transition to proof-of-stake. The platform allows users to stake their ETH while maintaining liquidity, a feature that has proven attractive to many investors.</p>
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<p>The post <a href="https://captainaltcoin.com/chainlink-link-to-spike-50-following-price-breakout-lido-finance-to-continue-rally-if-key-resistance-breaks/" rel="noopener noreferrer nofollow">Chainlink (LINK) to Spike +50% Following Price Breakout: Lido Finance to Continue Rally if Key Resistance Breaks</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Chainlink (LINK) to Spike +50% Following Price Breakout: Lido Finance to Continue Rally if Key Resistance Breaks

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