The price of Chainlink (LINK) has experienced a 40% correction from its highest level this year. Despite this, both fundamental and technical indicators suggest that LINK is positioned for a bullish breakout and could potentially reach an all-time high. Factors contributing to this optimism include Chainlink's inclusion in Donald Trump's World Liberty Financial portfolio, the potential approval of a spot LINK exchange-traded fund by the Securities and Exchange Commission, and the company's involvement in key areas of the crypto industry such as tokenization and stablecoins. Chainlink also boasts partnerships with major global companies and remains the largest oracle network in crypto. Technical analysis points to bullish patterns, such as a cup-and-handle formation and a falling wedge pattern, indicating the potential for a strong price rebound. If the bullish view is confirmed, LINK could reach an all-time high of $54.30, a 180% increase from its current level.



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