bullish

Lido DAO

Filecoin

Momentum

Chainlink

<p>Analysis from ZAYK Charts lately has spotlighted <a href="https://captainaltcoin.com/chainlink-pattern-signals-bullish-rally-analyst-maps-path-to-these-link-price-targets/" target="_blank" rel="noopener noreferrer nofollow">Chainlink (LINK)</a> and Filecoin (FIL), two top cryptos showing promising upward trends. According to tweets from ZAYK Charts, LINK is breaking out as projected, with a potential target of $40, while FIL has confirmed a falling wedge breakout on the daily chart, indicating a bullish phase ahead</p>
<h2 class="wp-block-heading" id="strong-chainlink-link-sets-sights-on-40-strong"><strong>Chainlink (LINK) Sets Sights on $40</strong></h2>
<p>Chainlink’s breakout from a descending wedge pattern on the weekly timeframe signals a bullish reversal, as noted in ZAYK Charts’ tweet.&nbsp;</p>
<p>Descending wedges typically indicate a shift from bearish to bullish sentiment when prices break above the upper trend line, signaling a potential uptrend.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$LINK</a> is Breaking out as Expected<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Send it 40$<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/LINK?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#LINK</a> <a href="https://twitter.com/hashtag/LINKUSDT?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#LINKUSDT</a> <a href="https://twitter.com/hashtag/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Chainlink</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://t.co/jbOh0qM4m8" target="_blank" rel="noopener noreferrer nofollow">https://t.co/jbOh0qM4m8</a> <a href="https://t.co/aQM8LSgH50" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/aQM8LSgH50</a></p>— ZAYK Charts (@ZAYKCharts) <a href="https://twitter.com/ZAYKCharts/status/1854369795912970632?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 7, 2024</a>
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<p>The current LINK breakout around $12.50, now acting as support, marks the first key level in this shift. The price is expected to encounter some resistance around $25.&nbsp;</p>
<p>Sustained momentum, however, could push <a href="https://coinmarketcap.com/currencies/chainlink/" target="_blank" rel="noopener noreferrer nofollow">LINK’s price</a> towards its projected $40 target, an increase of around 326% from the breakout level.&nbsp;</p>
<p>Besides, this target aligns with the height of the wedge, which often serves as a reliable measure in technical analysis. With strong buying interest suggested by the weekly timeframe, LINK could see continued positive movement in line with market expectations.</p>
<h2 class="wp-block-heading" id="strong-filecoin-fil-signals-bullish-momentum-strong"><strong>Filecoin (FIL) Signals Bullish Momentum</strong></h2>
<p>In a similar move to LINK, <a href="https://coinmarketcap.com/currencies/filecoin/" target="_blank" rel="noopener noreferrer nofollow">Filecoin (FIL)</a> has shown a bullish signal after breaking out of a falling wedge pattern on the daily timeframe.&nbsp;</p>
<p>This pattern often indicates a trend reversal when prices break above the upper trend line, signaling a potential shift to an uptrend. This breakout suggests a wave of buying activity, pushing FIL into a bullish phase.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24FIL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$FIL</a> A falling wedge breakout has occurred on the daily chart<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Looking forward to a bullish wave<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/FIL?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#FIL</a> <a href="https://twitter.com/hashtag/FILUSDT?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#FILUSDT</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://t.co/eWXly0F8wW" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/eWXly0F8wW</a></p>— ZAYK Charts (@ZAYKCharts) <a href="https://twitter.com/ZAYKCharts/status/1854371728711160240?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 7, 2024</a>
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<p>ZAYK Charts’ tweet mentions an anticipated “bullish wave” for FIL, reinforcing the positive sentiment and setting a target range in the green zone around $6.40. Besides, the projection represents a 75% gain from the breakout level of $3.80. This marks a notable reversal from previous lows and aligning with historical resistance.</p>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/why-is-lido-dao-pumping-expert-outlines-ldo-price-path-to-3/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Why Is Lido DAO Pumping? Expert Outlines LDO Price Path to $3</em></strong><br></a></p>
<h2 class="wp-block-heading" id="strong-key-levels-for-fil-s-uptrend-strong"><strong>Key Levels for FIL’s Uptrend</strong></h2>
<p>With FIL’s breakout confirmed, the new support level around $3.80 now serves as a base for further upward movement.&nbsp;</p>
<p>Buyers are expected to defend this level as FIL approaches near-term resistance around $5. If FIL sustains momentum and breaks through this resistance, it could rally toward the $6.40 target, as outlined in the analysis and tweet by ZAYK Charts.</p>
<p>Both LINK and FIL exhibit technical patterns consistent with bullish reversals, drawing attention from traders and analysts. The breakouts and projected targets highlight their potential for sustained momentum in the weeks ahead.</p>
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<p>The post <a href="https://captainaltcoin.com/chainlink-link-price-breaking-out-as-expected-while-filecoin-fil-prepares-for-a-bullish-wave/" rel="noopener noreferrer nofollow">Chainlink (LINK) Price Breaking Out as Expected While Filecoin (FIL) Prepares for a ‘Bullish Wave’</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Chainlink (LINK) Price Breaking Out as Expected While Filecoin (FIL) Prepares for a ‘Bullish Wave’

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