Chainlink Price Trajectory: Could a Breakout Lead to Gains or Decline?

Chainlink (LINK) has seen wild price swings in the volatile cryptocurrency market, drawing attention from investors as it attempts to break through its recent highs. While a global market recovery adds fuel to the fire, LINK’s fluctuating price movement has left many curious about its future direction. After reaching $14.36, reflecting a 6% gain, the price retreated, now hovering around $13.64. This uncertainty leaves traders questioning whether it will surge or fall next. Perhaps technical patterns hold the answer? Experts suggest that LINK’s price chart shows a symmetrical triangle formation, indicating narrowing price fluctuations and potentially a breakout is on the horizon.