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Cryptorank

Chainlink (LINK) Eyes $40 as Bull Flag Builds on Weekly Chart


by Olivia Stephanie
for CryptoPotato
Chainlink (LINK) Eyes $40 as Bull Flag Builds on Weekly Chart

TL;DR

  • LINK trades in a bull flag pattern with breakout targets set at $35 and $40.
  • Institutional interest rises as Caliber buys LINK and Grayscale files for a LINK ETF.
  • SAB partners with Chainlink to test blockchain solutions for cross-border infrastructure.

Weekly Setup Points to Possible Upside

Chainlink (LINK) is trading within a flag pattern on the weekly chart after a strong move earlier this year. The structure shows a short-term downward channel that formed after a rally in July and August. This setup is commonly watched as a continuation pattern, with many traders monitoring it for a potential breakout.

Read the article at CryptoPotato

Read More

ETH Price on Edge: Massive Drop Looms if $4K Breaks

ETH Price on Edge: Massive Drop Looms if $4K Breaks

Ethereum trades near $4,500, holding between $4K support and $4.9K resistance, as on-...
Solana Rally Paused? Traders Eye $239 as Must-Break Level

Solana Rally Paused? Traders Eye $239 as Must-Break Level

Solana stalls near $239 resistance as traders watch for a breakout or correction towa...

Chainlink (LINK) Eyes $40 as Bull Flag Builds on Weekly Chart


by Olivia Stephanie
for CryptoPotato
Chainlink (LINK) Eyes $40 as Bull Flag Builds on Weekly Chart

TL;DR

  • LINK trades in a bull flag pattern with breakout targets set at $35 and $40.
  • Institutional interest rises as Caliber buys LINK and Grayscale files for a LINK ETF.
  • SAB partners with Chainlink to test blockchain solutions for cross-border infrastructure.

Weekly Setup Points to Possible Upside

Chainlink (LINK) is trading within a flag pattern on the weekly chart after a strong move earlier this year. The structure shows a short-term downward channel that formed after a rally in July and August. This setup is commonly watched as a continuation pattern, with many traders monitoring it for a potential breakout.

Read the article at CryptoPotato

Read More

ETH Price on Edge: Massive Drop Looms if $4K Breaks

ETH Price on Edge: Massive Drop Looms if $4K Breaks

Ethereum trades near $4,500, holding between $4K support and $4.9K resistance, as on-...
Solana Rally Paused? Traders Eye $239 as Must-Break Level

Solana Rally Paused? Traders Eye $239 as Must-Break Level

Solana stalls near $239 resistance as traders watch for a breakout or correction towa...