{"id":573474,"date":"2024-02-05T22:00:27","date_gmt":"2024-02-05T22:00:27","guid":{"rendered":"https:\/\/wncen.com\/?p=573474"},"modified":"2024-06-11T07:44:34","modified_gmt":"2024-06-11T07:44:34","slug":"chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/","title":{"rendered":"Chainlink Breakout: LINK Poised For 38% Rally If It Clears This Key Resistance"},"content":{"rendered":"

Decentralized oracle network Chainlink (LINK) has been making significant strides in the altcoin market, outperforming its peers with an impressive 44.8% <\/span>price increase <\/span><\/a>over the past 30 days.\u00a0<\/span><\/p>\n

Surging to a 24-month high, the cryptocurrency has inched closer to the $20 mark, attracting the attention of bullish investors. Notably, the <\/span>uptrend <\/span><\/a>for LINK may be far from over, as it can potentially record a substantial 38% price gain by breaking through a critical resistance level.<\/span><\/p>\n

Chainlink Trading Volume Skyrockets<\/span><\/h2>\n

Crypto analyst Ali Martinez <\/span>indicates <\/span><\/a>that Chainlink faces formidable resistance between its current trading price of $19.40 and $20.03, with 5,330 addresses collectively holding over 8.59 million LINK.\u00a0<\/span><\/p>\n

\"Chainlink\"
Addresses that bought LINK between $16,50 and $22,39. Source: Ali Martinez on X<\/a><\/figcaption><\/figure>\n

Despite this supply wall, if Chainlink manages to break through, Ali Martinez suggests that the next critical resistance level stands at $26.87, presenting an opportunity for a significant 38% price surge.<\/span><\/p>\n

Related Reading: XRP Price Retreats To $0.50 As Whale Unloads 30 Million Tokens \u2013 Details<\/a><\/div>\n

Adding to the positive outlook, Chainlink has witnessed a surge in <\/span>trading volume <\/span><\/a>and an increase in circulating market cap over the past few days.\u00a0<\/span><\/p>\n

Data <\/span><\/a>from Token Terminal reveals that while Chainlink’s trading volume has steadily risen over the past 30 days, the token experienced exceptional trading volume of over $9.5 billion in the past three days alone. This surge in trading activity suggests a growing interest from investors in the Chainlink protocol.<\/span><\/p>\n

\"Chainlink
LINK’s market cap and trading volume have increased in the past 30 days. Source: Token Terminal<\/a><\/figcaption><\/figure>\n

Examining the circulating market cap, Token Terminal data highlights a positive trend. The circulating market cap of Chainlink stands at $10.53 billion, displaying a notable increase of 32.66% over the past 30 days. In terms of fully diluted market cap, Chainlink records $18.16 billion, indicating a substantial rise of 28.89% over the same period.<\/span><\/p>\n

Institutional Interest In LINK?<\/span><\/h2>\n

Recent blockchain data suggests that institutional investors are actively accumulating LINK. According to Spot On Chain <\/span>data<\/span><\/a>, the emergence of eight wallets withdrawing a substantial amount of LINK tokens, coupled with a price surge shortly after, indicates institutional interest in the cryptocurrency.\u00a0<\/span><\/p>\n

Over the past twelve hours, eight new wallets, likely representing a single individual or institution, have collectively withdrawn 227,350 LINK tokens, equivalent to approximately $4.12 million at the withdrawal time.\u00a0<\/span><\/p>\n

Notably, a significant portion of these tokens was withdrawn from <\/span>centralized exchanges<\/span><\/a> (CEX) just before the price experienced a sudden increase of approximately 4.1%. This pattern suggests that institutions may strategically accumulate LINK tokens, anticipating future price appreciation.<\/span><\/p>\n

Related Reading: Ethereum Rally: Crypto Analysts Outline 3 Key Drivers For Price<\/a><\/div>\n

Moreover, as indicated by its performance on the algorithmic market scanner Commando, LINK has consistently been a top performer in the cryptocurrency market.\u00a0<\/span><\/p>\n

According <\/span><\/a>to the market intelligence platform Decentrader, with a current score of 1.83 and a green signal on low time frames, Chainlink’s technical analysis suggests a positive outlook for the cryptocurrency. <\/span>Noteworthy is the recent breakthrough of Chainlink’s price from a range held up by the 200-week moving average (200WMA).\u00a0<\/span><\/p>\n

This breakout indicates a shift in <\/span>market sentiment<\/span><\/a> and a potential upward trend. The cryptocurrency is now aiming to target the \u201cSniper resistance\u201d level just above $20 while finding support at the top of the previous range, around $16.8, according to Decentrader.\u00a0<\/span><\/p>\n

Overall, institutions’ accumulation of Chainlink tokens and the cryptocurrency’s technical breakout point to growing confidence in LINK’s investment potential.\u00a0<\/span><\/p>\n

The withdrawals from centralized exchanges suggest a desire to hold LINK tokens outside exchange custody, possibly indicating a longer-term investment strategy.\u00a0<\/span><\/p>\n

\"Chainlink
LINK’s price breakout on the daily chart. Source: LINKUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Currently, LINK is trading at $19.7, up 8% in the last 24 hours.<\/span><\/p>\n

Featured image from Shutterstock, chart from TradingView.com <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Decentralized oracle network Chainlink (LINK) has been making significant strides in the altcoin market, outperforming its peers with an impressive 44.8% price increase over the past 30 days.\u00a0 Surging to a 24-month high, the cryptocurrency has inched closer to the $20 mark, attracting the attention of bullish investors. Notably, the uptrend for LINK may be far from over, as it can potentially record a substantial 38% price gain by breaking through a critical resistance level. Chainlink Trading Volume Skyrockets Crypto analyst Ali Martinez indicates that Chainlink faces formidable resistance between its current trading price of $19.40 and $20.03, with 5,330 addresses collectively holding over 8.59 million LINK.\u00a0 Despite this supply wall, if Chainlink manages to break through, Ali Martinez suggests that the next critical resistance level stands at $26.87, presenting an opportunity for a significant 38% price surge. Related Reading: XRP Price Retreats To $0.50 As Whale Unloads 30 Million Tokens \u2013 Details Adding to the positive outlook, Chainlink has witnessed a surge in trading volume and an increase in circulating market cap over the past few days.\u00a0 Data from Token Terminal reveals that while Chainlink’s trading volume has steadily risen over the past 30 days, the token experienced exceptional trading volume of over $9.5 billion in the past three days alone. This surge in trading activity suggests a growing interest from investors in the Chainlink protocol. Examining the circulating market cap, Token Terminal data highlights a positive trend. The circulating market cap of Chainlink stands at $10.53 billion, displaying a notable increase of 32.66% over the past 30 days. In terms of fully diluted market cap, Chainlink records $18.16 billion, indicating a substantial rise of 28.89% over the same period. Institutional Interest In LINK? Recent blockchain data suggests that institutional investors are actively accumulating LINK. According to Spot On Chain data, the emergence of eight wallets withdrawing a substantial amount of LINK tokens, coupled with a price surge shortly after, indicates institutional interest in the cryptocurrency.\u00a0 Over the past twelve hours, eight new wallets, likely representing a single individual or institution, have collectively withdrawn 227,350 LINK tokens, equivalent to approximately $4.12 million at the withdrawal time.\u00a0 Notably, a significant portion of these tokens was withdrawn from centralized exchanges (CEX) just before the price experienced a sudden increase of approximately 4.1%. This pattern suggests that institutions may strategically accumulate LINK tokens, anticipating future price appreciation. Related Reading: Ethereum Rally: Crypto Analysts Outline 3 Key Drivers For Price Moreover, as indicated by its performance on the algorithmic market scanner Commando, LINK has consistently been a top performer in the cryptocurrency market.\u00a0 According to the market intelligence platform Decentrader, with a current score of 1.83 and a green signal on low time frames, Chainlink’s technical analysis suggests a positive outlook for the cryptocurrency. Noteworthy is the recent breakthrough of Chainlink’s price from a range held up by the 200-week moving average (200WMA).\u00a0 This breakout indicates a shift in market sentiment and a potential upward trend. The cryptocurrency is now aiming to target the \u201cSniper resistance\u201d level just above $20 while finding support at the top of the previous range, around $16.8, according to Decentrader.\u00a0 Overall, institutions’ accumulation of Chainlink tokens and the cryptocurrency’s technical breakout point to growing confidence in LINK’s investment potential.\u00a0 The withdrawals from centralized exchanges suggest a desire to hold LINK tokens outside exchange custody, possibly indicating a longer-term investment strategy.\u00a0 Currently, LINK is trading at $19.7, up 8% in the last 24 hours. Featured image from Shutterstock, chart from TradingView.com<\/p>\n","protected":false},"author":589,"featured_media":573478,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83381],"tags":[16295,16298,87496,87497,90244,90242,88097,91529,89531,6664,1558,89530,82825,86875,89529,89528,75940,79480],"class_list":["post-573474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chainlink","tag-chainlink","tag-chainlink-link","tag-chainlink-active-addresses","tag-chainlink-analysis","tag-chainlink-breakout","tag-chainlink-bull-flag","tag-chainlink-bullish","tag-chainlink-market-cap","tag-chainlink-news","tag-crypto","tag-cryptocurrency","tag-link-news","tag-link-price","tag-link-price-analysis","tag-link-price-performance","tag-link-price-prediction","tag-linkusd","tag-linkusdt"],"acf":[],"yoast_head":"\nChainlink Breakout: LINK Poised For 38% Rally If It Clears This Key Resistance<\/title>\n<meta name=\"description\" content=\"Chainlink (LINK) has been making significant strides in the altcoin market, outperforming its peers with an impressive 44.8% price increase.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chainlink Breakout: LINK Poised For 38% Rally If It Clears This Key Resistance\" \/>\n<meta property=\"og:description\" content=\"Chainlink (LINK) has been making significant strides in the altcoin market, outperforming its peers with an impressive 44.8% price increase.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-05T22:00:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:44:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-34.jpg?fit=433%2C260\" \/>\n\t<meta property=\"og:image:width\" content=\"433\" \/>\n\t<meta property=\"og:image:height\" content=\"260\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ronaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Rmmcapital\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ronaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"Chainlink Breakout: LINK Poised For 38% Rally If It Clears This Key Resistance\",\"datePublished\":\"2024-02-05T22:00:27+00:00\",\"dateModified\":\"2024-06-11T07:44:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/\"},\"wordCount\":630,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-34.jpg?fit=433%2C260\",\"keywords\":[\"chainlink\",\"ChainLink (LINK)\",\"Chainlink Active Addresses\",\"Chainlink analysis\",\"Chainlink Breakout\",\"Chainlink Bull Flag\",\"Chainlink Bullish\",\"Chainlink Market Cap\",\"Chainlink news\",\"crypto\",\"cryptocurrency\",\"LINK news\",\"link price\",\"LINK price analysis\",\"LINK price performance\",\"LINK price prediction\",\"LINKUSD\",\"linkusdt\"],\"articleSection\":[\"Chainlink\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/\",\"url\":\"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/\",\"name\":\"Chainlink Breakout: LINK Poised For 38% Rally If It Clears This Key Resistance\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-34.jpg?fit=433%2C260\",\"datePublished\":\"2024-02-05T22:00:27+00:00\",\"dateModified\":\"2024-06-11T07:44:34+00:00\",\"description\":\"Chainlink (LINK) has been making significant strides in the altcoin market, outperforming its peers with an impressive 44.8% price increase.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-34.jpg?fit=433%2C260\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-34.jpg?fit=433%2C260\",\"width\":433,\"height\":260,\"caption\":\"Chainlink\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Chainlink Breakout: LINK Poised For 38% Rally If It Clears This Key Resistance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\",\"name\":\"Ronaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"caption\":\"Ronaldo Marquez\"},\"description\":\"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.\",\"sameAs\":[\"https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=\",\"https:\/\/x.com\/Rmmcapital\"],\"url\":\"https:\/\/wncen.com\/author\/ronaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"Chainlink Breakout: LINK Poised For 38% Rally If It Clears This Key Resistance","description":"Chainlink (LINK) has been making significant strides in the altcoin market, outperforming its peers with an impressive 44.8% price increase.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/","og_locale":"en_US","og_type":"article","og_title":"Chainlink Breakout: LINK Poised For 38% Rally If It Clears This Key Resistance","og_description":"Chainlink (LINK) has been making significant strides in the altcoin market, outperforming its peers with an impressive 44.8% price increase.","og_url":"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-02-05T22:00:27+00:00","article_modified_time":"2024-06-11T07:44:34+00:00","og_image":[{"width":433,"height":260,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-34.jpg?fit=433%2C260","type":"image\/jpeg"}],"author":"Ronaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@Rmmcapital","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ronaldo Marquez","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/"},"author":{"name":"Ronaldo Marquez","@id":"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c"},"headline":"Chainlink Breakout: LINK Poised For 38% Rally If It Clears This Key Resistance","datePublished":"2024-02-05T22:00:27+00:00","dateModified":"2024-06-11T07:44:34+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/"},"wordCount":630,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-34.jpg?fit=433%2C260","keywords":["chainlink","ChainLink (LINK)","Chainlink Active Addresses","Chainlink analysis","Chainlink Breakout","Chainlink Bull Flag","Chainlink Bullish","Chainlink Market Cap","Chainlink news","crypto","cryptocurrency","LINK news","link price","LINK price analysis","LINK price performance","LINK price prediction","LINKUSD","linkusdt"],"articleSection":["Chainlink"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/","url":"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/","name":"Chainlink Breakout: LINK Poised For 38% Rally If It Clears This Key Resistance","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-34.jpg?fit=433%2C260","datePublished":"2024-02-05T22:00:27+00:00","dateModified":"2024-06-11T07:44:34+00:00","description":"Chainlink (LINK) has been making significant strides in the altcoin market, outperforming its peers with an impressive 44.8% price increase.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-34.jpg?fit=433%2C260","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-34.jpg?fit=433%2C260","width":433,"height":260,"caption":"Chainlink"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Chainlink Breakout: LINK Poised For 38% Rally If It Clears This Key Resistance"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c","name":"Ronaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","caption":"Ronaldo Marquez"},"description":"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/wncen.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Chainlink Breakout: LINK Poised For 38% Rally If It Clears This Key Resistance","url":"http:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/chainlink\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-34.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-34.jpg?fit=433%2C260"},"articleSection":"Chainlink","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["chainlink","chainlink (link)","chainlink active addresses","chainlink analysis","chainlink breakout","chainlink bull flag","chainlink bullish","chainlink market cap","chainlink news","crypto","cryptocurrency","link news","link price","link price analysis","link price performance","link price prediction","linkusd","linkusdt"],"dateCreated":"2024-02-05T22:00:27Z","datePublished":"2024-02-05T22:00:27Z","dateModified":"2024-06-11T07:44:34Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Chainlink Breakout: LINK Poised For 38% Rally If It Clears This Key Resistance\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/chainlink\\\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/chainlink\\\/chainlink-breakout-link-poised-for-38-rally-if-it-clears-this-key-resistance\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/shutterstock_download-34.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/shutterstock_download-34.jpg?fit=433%2C260\"},\"articleSection\":\"Chainlink\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"chainlink\",\"chainlink (link)\",\"chainlink active addresses\",\"chainlink analysis\",\"chainlink breakout\",\"chainlink bull flag\",\"chainlink bullish\",\"chainlink market cap\",\"chainlink news\",\"crypto\",\"cryptocurrency\",\"link news\",\"link price\",\"link price analysis\",\"link price performance\",\"link price prediction\",\"linkusd\",\"linkusdt\"],\"dateCreated\":\"2024-02-05T22:00:27Z\",\"datePublished\":\"2024-02-05T22:00:27Z\",\"dateModified\":\"2024-06-11T07:44:34Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/02\/shutterstock_download-34.jpg?fit=433%2C260","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/573474"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=573474"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/573474\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/573478"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=573474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=573474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=573474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}