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by: xpoolPosted on: April 13, 2025

Chainlink Breaks Out of Downtrend, Signaling Potential Rally

Chainlink (LINK) has broken through a descending wedge pattern near $12.96, indicating a potential bullish reversal after months of decline. The breakout signals renewed buyer strength and a shift in market structure. Analysts attribute this rise to the expanding decentralized finance (DeFi) ecosystem and increased institutional interest.

Related posts:

  1. Top DeFi Projects by Social Activity Drive Innovation and Digital Finance Growth
  2. Chainlink Jumps 8% on CCIP Expansion and Growing Institutional Demand
  3. Chainlink Set To Hit New Highs as DeFi Integration Fuels Market Growth
  4. Chainlink (LINK) Breaks Resistance, Targeting $48 in 2026: Analysis Shows Bullish Signals
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