$LINK 35$ Confirm Big Bullish Pattern 💰💫
Chainlink (LINK) is showing signs of repeating historical price patterns, which could set the stage for a significant rally. If the current trajectory mirrors past trends, LINK could experience a remarkable 167% surge, potentially reaching the $35 price level.
One key indicator of Chainlink’s growing momentum is its Total Value Enabled (TVE), which has climbed to an impressive $17 billion.
This metric reflects the increasing adoption of Chainlink’s technology across various decentralized finance (DeFi) applications, smart contracts, and blockchain ecosystems. The surge in TVE highlights robust demand for Chainlink’s decentralized oracle solutions, underscoring its expanding role in the Web3 infrastructure.
Additionally, the Relative Strength Index (RSI) is showing a rise in buy pressure, signaling bullish sentiment among traders.
Currently hovering below the critical $15.35 resistance level, LINK appears poised for a breakout. If this level is surpassed, it could pave the way for accelerated upward momentum, further supporting the bullish case for a $35 target.
With these factors aligning, Chainlink is emerging as a strong contender for substantial growth in the crypto market, provided historical trends and current market conditions continue to favor its trajectory.
