Chainlink’s RSI Hits 50: Is a $20 Zone Recovery on the Horizon?
On the hourly chart, LINK has confirmed a short-term bullish breakout after forming a series of higher lows. Price accelerated beyond the $13.40 mark and briefly touched $13.70 before consolidating near $13.48. This movement followed a clear rebound from the July 2 low at $12.90, forming a rounded bottom pattern that typically precedes continued upside.