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Home » Chainlink eyes a bullish breakout; Can LINK reach $20? – Finbold – Finance in Bold

Chainlink eyes a bullish breakout; Can LINK reach $20? – Finbold – Finance in Bold

Chainlink eyes a bullish breakout; Can LINK reach $20? – Finbold – Finance in Bold

Along with altcoins, Chainlink (LINK) experienced substantial gains in the past few weeks. Bitcoin’s (BTC) recent rise to the $38,000 mark, spearheaded this rally amid optimistic expectations of regulatory approval for a spot BTC exchange-traded fund (ETF). However, LINK retraced some gains when a piece of fake news falsely suggested the registration of a BlackRock XRP trust, dampening the broader market rally.  Despite this setback, technical analysis (TA) of Chainlink’s chart still generates optimistic signals. Notably, a prominent crypto analyst highlighted the potential for significant gains if LINK successfully breaks out from its current bullish chart pattern. On Monday, November 20, widely… 

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