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Chainlink (LINK) Price Up 6%, Will It Break the Resistance Trend line to Set An Upward Journey

coingape.com 30 May 2021 13:54, UTC

LINK, the native cryptocurrency of oracle service provider Chainlink, is trading 6% up today at $28.82 with a market cap of $12.3 billion. Chainlink (LINK) has shown a strong pullback after falling to a low of $17.50 during the recent market correction.

After hitting this low last Sunday on May 23, the LINK price doubled to $35 within four days. However, it has been unable to breach the resistance trend line as shown in the chart below from on-chain data provider Santiment.

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