Chainlink is potentially on the verge of a breakout fueled by both technical indicators and recent developments within the blockchain space. The crypto asset has been exhibiting a pattern known as an ascending triangle, which has caught the interest of traders.
This momentum brings LINK closer to facing a significant horizontal resistance range, between $12 and $13. Historically, breaking past this price level has proven to be a formidable challenge for the asset, stirring debate among analysts regarding its upcoming price trajectory.
