Crypto Trader Predicts Chainlink (LINK) Could Be on the Verge of a Major Breakout
Crypto trader Bluntz predicts that Chainlink (LINK) could be primed for a breakout. Citing a bullish reversal pattern on the hourly chart resembling Bitcoin’s 2019 rally.
He points to an Adam and Eve bottom structure forming, suggesting LINK is poised to surpass its resistance. Currently trading at $24.44, LINK has seen a 4.7% dip in the past 24 hours. Bluntz also highlighted the growing strength of the DeFi sector, noting that Donald Trump’s World Liberty Financial has purchased $50 million in DeFi tokens, including LINK, signaling a potential resurgence in the space.
Clever Robot News Desk 29th December 2024
