The post Chainlink (LINK) Breakout Imminent? Expert Insights appeared first on Coinpedia Fintech News
In the ongoing struggling cryptocurrency market, a prominent crypto expert shares a bullish outlook for Chainlink (LINK) and suggests that LINK could soon skyrocket in the coming days.
Chainlink (LINK) Price Prediction
In a post on X (Previously Twitter), the expert noted that LINK could break out from the ascending triangle in the next 1 to 2 weeks. Additionally, he further noted that LINK has the potential to reach $18 if the breakout successfully occurs.
LINK Technical Analysis and Upcoming Level
According to expert technical analysis, LINK has been forming an ascending triangle price action pattern since the beginning of August 2024, and now the price is moving slowly within a narrow range. However, looking at the LINK daily chart, it appears that the asset needs more time for the maturation of this pattern.
Source: Trading View
Despite this, if LINK breaks this resi
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