Chainlink Price Prediction Points To $14.50 As Cup And Handle Breakout Confirms
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LINK traded at $10.446 on August 20, down 0.99% after a >10% rally the previous day, consolidating near $10.45 but holding well above the $6.50 cup base and sitting within striking distance of an $11 breakout with some analyses targeting $14.50. Chainlink co-founder Sergey Nazarov credited regulatory support for record stablecoin adoption at a White House tech event, and Ethereum infra firm Nethermind left LayerZero to become a Chainlink CCIP node operator, strengthening crypto infrastructure and adoption.
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- LINK trades at $10.446 on August 20, down 0.99%, cooling after a move of more than 10% the previous day
- Chainlink co-founder Sergey Nazarov spoke at a White House technology event, crediting regulatory support for record stablecoin adoption
- Ethereum infrastructure firm Nethermind left LayerZero to become a Chainlink CCIP node operator
The LINK price prediction stays constructive as price consolidates near $10.45 after yesterday’s rally past 10%, holding well above the $6.50 cup base that formed between June and August. The pullback looks like routine profit taking rather than a reversal, with LINK still sitting inside striking distance of the $11 breakout level.
Chainlink Price Analysis: Will LINK Price Go Up After Its Cup and Handle Breakout?
LINK spent from early June through early August carving out a rounded …
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