$LINK is testing a key symmetrical triangle pattern formed since 2021, with potential breakout targets at $31.87, $52.30, and $86.15 if upward momentum continues.
Recently, LINK surged 8.3% to $21.5, ranking as the 11th-largest crypto with a $14.6B market cap.
Market trends show mixed signals: large outflows from exchanges in late 2023 coincided with a price drop, while recent inflows align with LINK climb toward $25.
Technicals indicate bullish momentum, with RSI at 69.72 (near overbought) and MACD reinforcing upside potential. However, overbought conditions could lead to short-term consolidation. The next resistance sits near $22.
