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Chainlink (LINK) may be on the verge of a 143% price surge due to a symmetrical triangle pattern, with a target price of $37.278 if it breaks through the $16 resistance level.
Chainlink's (LINK) price has increased 8.43% over the past 24 hours to $13.59, which is in the opposite direction of its trend over the past week.
The recent Ethereum downturn has created a unique opportunity for lesser-known cryptocurrencies like LINK to shine.
Chainlink has powered over $1 trillion in stablecoin transactions, expanding adoption across major platforms.
According to CoinCodex, the price of Chainlink is predicted to rise by 75.62% and reach $23.58 by August 24, 2024.
