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Chainlink (LINK) Gains Momentum: $16 Breakout Incoming?

  • Chainlink (LINK) has gained by 6% with its price hovering around $15.
  • LINK's daily trading volume has jumped by over 64%.
  • The Moving Average Convergence Divergence (MACD) line of Chainlink has crossed over the signal line, indicating a bullish crossover and the asset could be poised for further upward movement.
  • The Chaikin Money Flow (CMF) indicator suggests that capital is flowing into the asset, reflecting a positive sentiment.

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