Will LINK MANAGE TO CROSS $20?Bullish Turnaround: LINK showcases a bullish turnaround, aiming to end its consolidation phase.
$15 Bullish Breakout: A breakout at $15 signals a bullish comeback and hints at a potential jump to $20.
Rounding Bottom Pattern: The daily price action indicates a rounding bottom pattern with a neckline at $16.56.
Bitcoin's Influence on Altcoins: Bitcoin's uptrend readiness is positively impacting altcoins like Chainlink.
Higher Low Formations: Chainlink's price trend is forming higher lows, surpassing the $15 mark.
Growing Buyer Confidence: Increased confidence in Chainlink suggests a sprint towards $20.
10% Jump in 48 Hours: LINK's price action includes a 10% increase in the last two days, supported by bullish engulfing candles.
Intraday Trading Volume Rise: Rising intraday trading volumes back the ongoing recovery and hint at a longer uptrend.
Current Trading Price: LINK is currently trading at $15.833, indicating a bullish trend continuation.
4H Chart Range Breakout: In the 4-hour chart, LINK reflects a range breakout, signaling a potential entry point for further gains.
Technical Indicators - EMA and RSI: The positive spike in the 50-day EMA and the daily RSI line maintaining a positive trend suggest strong bullish momentum.
Year-to-Date Gain and Whale Interest: With a year-to-date gain of 189% and increasing interest from whales, LINK's bullish potential is significant.
