Chainlink

Rise

Coin

<ul class="news-points"> 
 <li>The price of Chainlink (LINK) surged more than 4% over the past 24 hours.</li> 
 <li>Throughout the last day of trading, LINK’s price printed a second higher low.</li> 
 <li>Meanwhile, a significant medium-term bullish flag was on the verge of being triggered on LINK’s daily chart.</li> 
</ul> 
<a href="https://coinedition.com/chainlink-link-price-prediction/" rel="noopener noreferrer nofollow">The price of Chainlink (LINK)</a> surged more than 4% over the past 24 hours, according to CoinMarketCap. As a result, the cryptocurrency was changing hands at $6.98. Notably, the altcoin’s weekly performance also stood at more than +10%. At press time, technical indicators on LINK’s chart suggested that this positive momentum may continue in the coming days. 
<figure class="wp-block-image"> 
 <img decoding="async" width="1600" height="779" src="https://coinedition.com/wp-content/uploads/2023/09/image-47.png" alt="" class="wp-image-337882" srcset="https://coinedition.com/wp-content/uploads/2023/09/image-47.png 1600w, https://coinedition.com/wp-content/uploads/2023/09/image-47-300x146.png 300w, https://coinedition.com/wp-content/uploads/2023/09/image-47-1024x499.png 1024w, https://coinedition.com/wp-content/uploads/2023/09/image-47-380x185.png 380w, https://coinedition.com/wp-content/uploads/2023/09/image-47-768x374.png 768w, https://coinedition.com/wp-content/uploads/2023/09/image-47-1536x748.png 1536w, https://coinedition.com/wp-content/uploads/2023/09/image-47-159x77.png 159w, https://coinedition.com/wp-content/uploads/2023/09/image-47-795x387.png 795w, https://coinedition.com/wp-content/uploads/2023/09/image-47-440x214.png 440w, https://coinedition.com/wp-content/uploads/2023/09/image-47-414x202.png 414w, https://coinedition.com/wp-content/uploads/2023/09/image-47-326x159.png 326w, https://coinedition.com/wp-content/uploads/2023/09/image-47-377x184.png 377w, https://coinedition.com/wp-content/uploads/2023/09/image-47-123x60.png 123w, https://coinedition.com/wp-content/uploads/2023/09/image-47-129x63.png 129w" sizes="(max-width: 1600px) 100vw, 1600px"> 
 <figcaption class="wp-element-caption">
 4-hour chart for LINK/USDT (Source: <a href="https://www.tradingview.com/x/28dNnT4N/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>). 
 </figcaption> 
</figure> 
Over the past 24 hours, <a href="https://coinedition.com/on-chain-activity-for-chainlink-link-rises-as-its-price-soars/" rel="noopener noreferrer nofollow">LINK’s price</a> rebounded off of the key support level at $6.680. This resulted in the altcoin’s price printing a second higher low for the week – leading to the formation of a positive trend line. During this same period, LINK also printed numerous higher highs. Subsequently, a positive price channel formed on LINK’s 4-hour chart as well. 
After rebounding from the $6.680 mark, LINK’s price entered into a positive move and was able to break above the next resis… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/link-stands-out-and-may-continue-to-rise-in-the-next-24-48-hours/">LINK Stands Out and May Continue to Rise in the Next 24-48 Hours</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

LINK Stands Out and May Continue to Rise in the Next 24-48 Hours

Coin Edition

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