Chainlink Surges 5% Amid Charles Schwab's Crypto Expansion Plans

Chainlink's price surged by 5.11% over the past 24 hours to reach $11.89, pushing its market capitalization to $8.89 billion.

The trading volume for the same period reached $449.77 million, indicating sustained interest in the cryptocurrency.

A bullish pennant pattern has developed on technical charts, suggesting potential upward momentum following a prior rally.

Crypto analyst Crypto With Gopal noted that the top trendline of the pennant must be decisively breached for the bullish setup to play out, with a target near $15 if volume supports this move.