A bullish descending wedge pattern had formed on LINK’s dail

A bullish descending wedge pattern had formed on LINK’s daily chart which, if validated, could see the altcoin’s price make a move towards $7.312 in the near future.

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LINK

13.52

+5.21%

NEAR

2.323

+2.11%

994

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The blockchain intelligence firm Santiment shared in a tweet published earlier this morning that the Ripple (XRP) network experienced significant spikes in address activity recently

This surge in address activity also resulted in XRP’s price rising and decoupling around 4% from the rest of the altcoin market, which printed losses during this time.

According to the post, the network saw its second and third biggest address activity spikes of all time in the past 2 days.

In addition to strengthening against the dollar in the past day, the meme coin was also able to outperform the two market leaders Bitcoin (BTC) and Ethereum (ETH).

The recent increase in SHIB’s price was enough to flip its weekly price performance into the green. As a result, SHIB’s price was up 0.87% over the last 7 days.

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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}A bullish descending wedge pattern had formed on LINK’s daily chart which, if validated, could see the altcoin’s price make a move towards $7.312 in the near future.

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A bullish descending wedge pattern had formed on LINK’s daily chart which, if validated, could see the altcoin’s price make a move towards $7.312 in the near future.