Chainlink has outperformed the top 10 cryptocurrencies by market capitalization, surging more than 6% since the start of Friday’s trading session.
LINK rallied from a low of $8.97 to an intraday high of $9.50, before cooling to $9.21 at press time.
As upward pressure continues to mount, the token appears to have more room to ascend.
The development of a descending triangle on the daily chart suggests that Chainlink could rise another 11% before its uptrend reaches exhaustion.
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