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Team USA wins first men’s hockey Olympic gold medal since 1980 in OT thriller

The U. S. men's hockey team beat Canada on Sunday to win its first Olympic gold medal since the "Miracle…

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culture

Jubilation in Lahore with return of historic kite festival

Audio will be available later today. The Pakistani city of Lahore celebrated the revival of a historic kite festival called…

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USC basketball fumbles lead, suffers devastating loss to Oregon

A season of frustratingly unfortunate events for USC had led here, to this nightmarish crescendo at the one-minute mark Saturday,…

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Business

WATCH: Reese’s heir accuses Hershey of cutting corners

Interest Successfully Added We'll notify you here with news about Turn on desktop notifications for breaking stories about interest?.https://abcnews.com/Business/video/reeses-heir-accuses-hershey-cutting-corners-130352588

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Chainlink Analysts Predict Massive Breakout as LINK Eyes $50 Rally Ahead

The post Chainlink Analysts Predict Massive Breakout as LINK Eyes $50 Rally Ahead appeared com. Chainlink is consolidating near $15. 13 after testing key support zones highlighted by analysts James Easton and Ali. Both suggest LINK is nearing a breakout from a multi-year symmetrical triangle, with potential upside targets between $30 and $50. Technical indicators and whale accumulation signal a strong setup for a major bullish reversal. Long-Term Structure Signals a Major Breakout Analyst James Easton shared a long-term chart of Chainlink, showing a large symmetrical triangle formation that has been forming since 2020. The pattern reflects a tightening price range between an ascending support line and a descending resistance trendline. The asset is currently trading near $15. 44, positioned around the midpoint of this setup after rebounding from the key horizontal support zone between $12 and $13. His projection outlines a potential upward breakout, initially toward $30-$35, and potentially beyond $50, if the price manages to close above the long-term resistance trendline. The chart also suggests that a minor pullback could occur before the breakout, forming a retest of the upper channel boundary before a continuation to higher levels. Key Support Levels and Fibonacci Reversal Zone Analyst Ali shared a detailed technical chart showing that Chainlink has reached a crucial ascending support trendline, which has historically acted as a foundation for previous rallies. His analysis places its current trading zone around $14. 70, aligning with the 0. 618 Fibonacci retracement level, a region often associated with strong reversals in price cycles. The path outlined on his chart anticipates gradual price recovery through $16 and $20, leading to a retest.

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