LINK Bright Future. Price Perspective. Strong Fundamentals.
I see the price of Chainlink (LINKUSDT) growing in the coming months, and I’ve got a few reasons for that.
Technical View: Cup & Handle Formation
From a technical perspective, I think LINK is in a long-term accumulation structure — a classic Cup & Handle pattern. Here’s what I’ve noticed:
The bottoms of both the Cup and the Handle show a clear Accumulation Range (AR).
LINK has already broken out of the AR and the Cup & Handle resistance, which is a strong bullish signal.
If the price continues this momentum, it’s likely to reach its previous all-time high (ATH) at $52.00.
Now, if LINK breaks above that ATH, something interesting might happen. There’s a pattern forming within the Handle — a downtrend curve that looks similar to the one seen in the pre-Cup phase. By using Fibonacci levels and comparing this to the Handle breakout structure, we can project a potential target that suggests significant upside.
Strong Fundamentals Backing LINK
LINK isn’t just about the charts — it’s got solid fundamentals too:
It’s the only token produced in the USA.
It’s included in the Coinbase 50 index.
It’s backed by a Grayscale Trust product.
And, it’s connected to World Liberty Financial (Trump ties).
These factors give LINK a strong foundation and make it one of the key projects to watch in the crypto space.
Technical View: Cup & Handle Formation
From a technical perspective, I think LINK is in a long-term accumulation structure — a classic Cup & Handle pattern. Here’s what I’ve noticed:
The bottoms of both the Cup and the Handle show a clear Accumulation Range (AR).
LINK has already broken out of the AR and the Cup & Handle resistance, which is a strong bullish signal.
If the price continues this momentum, it’s likely to reach its previous all-time high (ATH) at $52.00.
Now, if LINK breaks above that ATH, something interesting might happen. There’s a pattern forming within the Handle — a downtrend curve that looks similar to the one seen in the pre-Cup phase. By using Fibonacci levels and comparing this to the Handle breakout structure, we can project a potential target that suggests significant upside.
Strong Fundamentals Backing LINK
LINK isn’t just about the charts — it’s got solid fundamentals too:
It’s the only token produced in the USA.
It’s included in the Coinbase 50 index.
It’s backed by a Grayscale Trust product.
And, it’s connected to World Liberty Financial (Trump ties).
These factors give LINK a strong foundation and make it one of the key projects to watch in the crypto space.
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