Coinspeaker
Chainlink to $45? Bullish Pattern Hints at a Massive 300% Increase
Chainlink
LINK
$13.43
24h volatility:
4.3%
Market cap:
$8.24 B
Vol. 24h:
$1.06 B
, the 14th-largest digital asset, dropped 9.55% on March 11. The decline comes amid a 28.64% increase in trading volume, signaling heightened seller activity.
With a market cap of $8.16 billion, LINK has already suffered a substantial 31% decline over the past month, according to CoinMarketCap. Despite this downturn, the cryptocurrency’s weekly chart has formed a major bullish pattern.
Megaphone Pattern Hints at a 300% Rally
On the weekly chart, Chainlink has formed a megaphone pattern—a broadening wedge characterized by two ascending and diverging trend
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