2024

Chainlink

Coin

<ul class="wp-block-list news-points">
 <li><strong>Chainlink approaches a critical $12-$13 resistance in an ascending triangle, hinting at a breakout potential.</strong></li>
 <li><strong>Technical indicators remain neutral, with the RSI showing room for growth, while MACD and volume are steady.</strong></li>
 <li><strong>Chainlink’s new blockchain partnership with SWIFT and ANZ could drive institutional adoption and boost interest.</strong></li>
</ul>
<p>Chainlink may be approaching a breakout, driven by technical indicators and recent developments. The crypto asset has been moving upward, forming an ascending triangle.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Chainlink</a> is building up for a significant breakout. <a href="https://t.co/VQt8uUfwaF" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/VQt8uUfwaF</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1852448023982333958?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 1, 2024</a>
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<p>This setup has drawn attention from traders as LINK approaches a crucial horizontal resistance between $12 and $13. Historically, this zone has been a challenging barrier for the asset, with multiple unsuccessful attempts to break through.</p>
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 <figure class="aligncenter"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcqwzfA14U2ttJTDjG88XD1g7JppkryK3zR4KeHPrsdLsqJRwv7_8RUcnDGNTNauuD8FtQh_r7mp24y5kWV35BHDNnE6PjX8FvKpF9eXivWQ4RCXHaGr7nr_v_qtrDNeRGeqxwC5eerEPpMF2agGng4IG8?key=befpcg_F0z771T3zRUjTEop-" alt="">
  <figcaption class="wp-element-caption"><em><strong>Source: </strong></em><a href="https://x.com/CryptoMichNL/status/1852448023982333958" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Michaël van de Poppe</em></strong></a>
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<h2 class="wp-block-heading" id="h-link-price-performance-and-market-sentiment">LINK Price Performance and Market Sentiment</h2>
<p>LINK’s technical analysis shows a strong breakout scenario. LINK’s price has tested the resistance level.</p>
<p>The RSI remains below the overbought zone, indicating that LINK may still have room for an upward mov…</p>
<p>The post <a href="https://coinedition.com/chainlinks-link-poised-for-a-breakout-analysts-prediction/" rel="noopener noreferrer nofollow">Chainlink’s LINK: Poised for a Breakout, Analysts Prediction</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Chainlink’s LINK: Poised for a Breakout, Analysts Prediction

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