LINK has recently broken out of the descending wedge pattern that it has been trading within for over a month. After the break out occurred, LINK had to re-test the wedge resistance as support and has now seemingly confirmed the break out.
Once we see a move above ~$28, we can expect the bulls to take over and potentially launch the price upward toward $30 and beyond.
The main target for the current break out is placed at $31.5, second target at $36. Let's see what LINK has in store for us in the coming days.
Happy trading!