Chainlink Price Hits $30 For The First Time Since 2022 — What Next?

Quick Summary:

The crypto analyst noted that if the Chainlink price does successfully break above the upper horizontal line, it could travel as high as $34 in the next couple of days.

Related Reading: XRP Price In Motion: Analyst Reveals The Next Major Supports And Resistances This bullish prediction is based on the formation of an ascending triangle pattern on the 1-hour timeframe of the LINK price chart.

According to Martinez, if the price of LINK does break this upper line, an hourly candlestick needs to close above the $30.4 mark, for it to be considered a successful breach.

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Article Details

Author / Journalist: Opeyemi Sule

Category: Crypto

Markets: United KingdomOman

Topics: Linkusdt Chainlink price Link price Ali Martinez Chainlink Chainlink

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-15 @ 05:00:58 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 429 words

Reading Time: 3 minutes read

Sentences: 66 lines

Sentence Length: 7 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 24414382

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