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06/11 08:02

Chainlink Price Could Double or More in Coming

Chainlink Price Could Double or More in Coming Months — Multiple Analysts

Chainlink is nearing a breakout from a bullish pennant pattern.

Market experts highlight Chainlink’s strong position in the current altcoin season.

Chainlink recently enabled a successful cross-border CBDC transaction pilot with Visa.

Chainlink (LINK) is showing strong signs of a potential significant price rally in the near term, with several analysts projecting gains of 100% or more. The cryptocurrency is currently trading around $15 and is on the verge of breaking key technical resistance, sparking optimism among market watchers.

LINK Undergoing Bull Pennant Pattern :-

Analyst Crypto Avi highlighted that LINK is attempting to break out of a bullish pennant pattern on the daily time frame.

The classic technical setup typically signals a continuation of the prior uptrend, suggesting that Chainlink could see a doubling of its price in the coming days.

Avi’s chart analysis points to a potential rally of over 130%, with resistance levels around $30–$36 in focus.GtIr7DzXkAA8ZVf.jpeg

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