Chainlink has showcased its volatility over the past few days, with the price plunging 12% before staging an impressive 13% recovery in less than 24 hours. This rapid rebound has sparked optimism among investors, who view the altcoin’s resilience as a sign of its potential for significant gains in the near term. Related Reading: Solana Consolidates In A Bullish Pattern – A Breakout ‘Could Spark A 40% Move’ Top analyst Jelle shared a technical analysis on X, describing the LINK weekly chart as slowly evolving into a “thing of beauty.” The chart signals growing strength, suggesting that Chainlink could be poised for a substantial move if key price levels are reclaimed. The coming days will be crucial for LINK, as fresh supply zones are yet to be tested. A successful breakout above current resistance levels could catalyze a massive rally, potentially pushing Chainlink to multi-year highs. However, failure to hold its recent gains could lead to further consolidation or a retrace to test demand zones. As market sentiment shifts and technical indicators align, Chainlink is catching the attention of traders and ..
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