Oh, the despair! 🐋 In the shadow of the digital abyss, where the masses toil and the whales swim, Chainlink’s price has been as stagnant as a puddle in a drought. Yet, the numbers whisper of a revolution-like a flicker of hope in a coal miner’s lamp. 🌟
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The daily chart, a canvas of hope, points to a potential LINK price comeback in the coming days or weeks. It formed a small double-bottom pattern at $11.88 and a neckline at $13.65. It has now retested this level, and formed a small bullish flag pattern. 🚩
Chainlink token has also formed a falling wedge pattern and is now above the lower side. At the same time, the Percentage Price Oscillator has continued rising, with the two lines nearing the zero line. 📉
LINK is also attempting to move above the 25-day Exponential Moving Average. Therefore, these technical indicators suggest the token will likely continue to rise as buyers target the psychological $20 level. This view will become invalid if it plunges below the support at $11.88. 🚨
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2025-12-09 18:55