2024

Chainlink

Coin

<ul class="wp-block-list news-points">
 <li><strong>Chainlink approaches a critical $12-$13 resistance in an ascending triangle, hinting at a breakout potential.</strong></li>
 <li><strong>Technical indicators remain neutral, with the RSI showing room for growth, while MACD and volume are steady.</strong></li>
 <li><strong>Chainlink’s new blockchain partnership with SWIFT and ANZ could drive institutional adoption and boost interest.</strong></li>
</ul>
<p>Chainlink may be approaching a breakout, driven by technical indicators and recent developments. The crypto asset has been moving upward, forming an ascending triangle.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Chainlink</a> is building up for a significant breakout. <a href="https://t.co/VQt8uUfwaF" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/VQt8uUfwaF</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1852448023982333958?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 1, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>This setup has drawn attention from traders as LINK approaches a crucial horizontal resistance between $12 and $13. Historically, this zone has been a challenging barrier for the asset, with multiple unsuccessful attempts to break through.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcqwzfA14U2ttJTDjG88XD1g7JppkryK3zR4KeHPrsdLsqJRwv7_8RUcnDGNTNauuD8FtQh_r7mp24y5kWV35BHDNnE6PjX8FvKpF9eXivWQ4RCXHaGr7nr_v_qtrDNeRGeqxwC5eerEPpMF2agGng4IG8?key=befpcg_F0z771T3zRUjTEop-" alt="">
  <figcaption class="wp-element-caption"><em><strong>Source: </strong></em><a href="https://x.com/CryptoMichNL/status/1852448023982333958" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Michaël van de Poppe</em></strong></a>
  </figcaption>
 </figure>
</div>
<h2 class="wp-block-heading" id="h-link-price-performance-and-market-sentiment">LINK Price Performance and Market Sentiment</h2>
<p>LINK’s technical analysis shows a strong breakout scenario. LINK’s price has tested the resistance level.</p>
<p>The RSI remains below the overbought zone, indicating that LINK may still have room for an upward mov…</p>
<p>The post <a href="https://coinedition.com/chainlinks-link-poised-for-a-breakout-analysts-prediction/" rel="noopener noreferrer nofollow">Chainlink’s LINK: Poised for a Breakout, Analysts Prediction</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Chainlink’s LINK: Poised for a Breakout, Analysts Prediction

Table of Contents

Coin Edition

Other articles published on Nov 2, 2024

'Rich Dad Poor Dad' Author Reveals Stunning Truth About ‘The Bitcoin Standard’

UBS Makes Waves with Launch of First Money Market Fund on Ethereum Blockchain

Zhang Yiming, The Richest Man In China In 2024 Thanks To TikTok!

Ripple (XRP) Turns Bearish After Recent Attempt to Break Resistance

Swiss Top Bank UBS Launches Ethereum-Based Fund

Incoming BTC Crash? Whales Dump $141 Million in Bitcoin

Join our free newsletter for daily crypto updates!