🚀 Crypto News 🌐 #Link #Chainlink
Chainlink (LINK) Will Go Over $19 🔥
LINK has emerged from a recent decline and everything indicates that the price of this Cryptocurrency is ready to experience a rise to more than $19.
The price of the token could see sustained growth following an increase in active and new addresses on the network.
The rise implies that a new set of market participants are adopting LINK and adding the token to their portfolio.
It also means that users continually interact with the Chainlink network. Furthermore, as this continues or improves, LINK's potential to trade higher will increase.
From a technical point of view, LINK price was able to jump after it broke a falling wedge. In non-technical terms, a falling wedge is a pattern formed by two descending trend lines.
In the chart below, LINK has been able to break the resistance at $14.15. After a slight pullback, there has been a strong buy signal.