Chainlink partners with Mastercard, LINK 24H上rise11%

Gate News bot message, according to CoinDesk, Chainlink earlier announced a partnership with global payment operator Mastercard, enabling over 3 billion cardholders to directly purchase Cryptocurrency on-chain, at which point its native Token LINK saw a bullish trend.

The market shows that LINK has risen by 11% in the past 24 hours, currently trading at $13.42. Its technical analysis is as follows:

LINK has formed a clear upward trend, with both the low points and high points rising continuously, breaking through the key resistance level of $12.50 on significant trading volume; Strong support is located at $12.85-13.00 and has been confirmed through multiple tests with above-average trading volume; The momentum indicator shows that the bullish sentiment continues and there is further potential for a rise; Traders should pay attention to the resistance at 13.30-13.35 US dollars, as profit-taking has emerged in this area recently.