Chainlink price continued its strong rebound, much to the delight of market participants who seem to have mistaken a cryptocurrency for a unicorn. 🦄💸
//media.crypto.news/2025/12/Chainlink-price.webp”/>
The daily chart shows that the LINK token price has rebounded in the past two days. This rebound occurred after the token formed a double bottom at $11.56 and a neckline at $13.5. A masterpiece of market psychology. 🎨
Chainlink’s price has also formed a large falling wedge pattern, composed of two descending, converging trendlines. It has already moved above the upper side of this pattern, while the Average Directional Index remains at 32, a sign that the momentum is strong. Or, as I like to think, “a temporary case of delusional optimism.” 🧠
Therefore, a move above the $15 resistance will confirm the bullish outlook and point to further gains, potentially to the psychological $20 level. The bullish LINK price forecast will become invalid if it drops below the double-bottom point at $11.50. A cliffhanger for the ages. 🎭
Read More
- Re:Zero Season 4, Episode 6 Release Date & Time
- NTE Drift Guide (& Best Car Mods for Drifting)
- How to Get the Wunderbarrage in Totenreich (BO7 Zombies)
- How to Beat Turbines in ARC Raiders
- All Aswang Evidence & Weaknesses in Phasmophobia
- How to Get Necrolei Cyst & Strong Acid in Subnautica 2
- Diablo 4 Best Loot Filter Codes
- Alan Wake Event in Phasmophobia, Explained
- Top 8 UFC 5 Perks Every Fighter Should Use
- USD RUB PREDICTION
2025-12-03 21:01