While the broader cryptocurrency market has been moving sideways, some altcoins have delivered a really strong show. The start performers on Monday, January 3, have been Chainlink (LINK) and Fantom (FTM).
Oracle service provider Chainlink (LINK) has been showing strength recently gaining 7% over the last 24-hours. As of press time, LINK is trading at $23 with a market cap of $10.7 billion. Chainlink has been hammered during the recent crypto market correction with the LINK price crashing under $20 levels.
However, it is once again showing strength! More importantly, LINK is heading for a major breakout against the world’s largest cryptocurrency Bitcoin (BTC). On the descending triangle pattern, LINK seems to be heading for a breakout on the upside. If this happens, we can see the LINK price going closer to $30 very soon.
c’mon $LINK, you know you want to… pic.twitter.com/CQKjwYmJgf
— Benjamin Cowen (@intocryptoverse) January 3, 2022
Many believe that Chainlink (LINK) could be o
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