Chainlink Bull Run: Potential $100 Target On The Horizon Amid Strong Accumulation

Chainlink (LINK) is positioned for a potential breakout above the $24 mark, with analysts eyeing a rally toward $84 and beyond. Driven by expanding DeFi applications and increased institutional investment, the cryptocurrency’s price has shown strong upward momentum. 📈 💰 📈 Long-term technical indicators like an ascending triangle pattern suggest growing buying pressure, while on-chain data shows a surge in holder confidence around $19. The continued growth of Chainlink’s reserve also underscores the project’s long-term vision and stability. 💪 📈 🧠 With many traders anticipating a breakout above resistance levels soon, LINK is generating buzz and attracting investor attention.