LINK’s Impending Breakout Could Take it to $40 – BeInCrypto

ChainLink (LINK) has been increasing since bouncing above the $19 support area on May 23. However, it has yet to reclaim any important resistance levels.
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It is trading inside a short-term descending parallel channel, from which a breakout is expected.

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Chainlink (LINK) Reaches New All-Time High but Shows Signs of Weakness – BeInCrypto

Chainlink (LINK) reached a new all-time high price of $28.64 on Feb. 10 but hasn’t moved much in either direction since.

Chainlink is showing bearish signs. A breakdown from the current pattern could cause a descent towards $22.80.

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Chainlink hits new highs, but is LINK about to pull another 150% parabolic move?

You could literally hear the Bitcoin (BTC) hodlers cheering from the rooftops as the world’s largest whale publically entered the market this week.
But as Bitcoin screamed toward $50,000, altcoin hodlers looked on in horror as their portfolios began shrinking in terms of BTC.

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Chainlink (LINK) Tops $27 for First Time — A Price History – BeInCrypto

The Chainlink (LINK) price soared to an all-time high of $27.02 on Feb. 5, 2021, before decreasing slightly.

Up to this point, Chainlink has gone through four major market cycles. Unlike the majority of other altcoins, LINK has been moving mostly upwards.

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Chainlink (LINK) Pumps to New All-Time High in a Bullish Resurgence – BeInCrypto

Chainlink (LINK) reached an all-time high price on Jan. 25 but has fallen back slightly since.

Technical indicators are still bullish and suggest that Chainlink is expected to continue increasing to reach even higher.
 
Chainlink All-Time High Price
On Jan.

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Chainlink now bigger than Litecoin as LINK price hits new high above $24 — What’s next?

Chainlink (LINK) remains to be one of the best performing cryptocurrencies in the past twelve months. As of Jan. 23, LINK is now bigger than Litecoin (LTC) and now number seven at $9.2 billion market capitalization, after surpassing Bitcoin Cash earlier this week.

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LINK Makes Last-Ditch Effort to Maintain its Bullish Trend – BeInCrypto

The Chainlink (LINK) price is trading at the support line of a long-term channel that has been in place since Sept. 22.

LINK is expected to break down from the channel and move towards the support areas outlined below.

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Chainlink (LINK) Falls Putting Bullish Structure In Doubt – BeInCrypto

The Chainlink (LINK) price has broken down from a short-term parallel ascending channel but is still trading inside a longer-term channel.

If the price were to break down from the longer-term channel, it would likely confirm that the trend is bearish and the price is heading lower.

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