Chainlink Surges 5% as Charles Schwab Adds It to Crypto Platform
Chainlink's price has risen 5% in the past 24 hours, trading near $11.89, and is showing signs of a potential breakout to $15. The price has strong support at $11.
The addition of Chainlink, along with Solana and Avalanche, to Charles Schwab's crypto platform may have contributed to this increase in value. This move extends the platform's digital asset offerings beyond Bitcoin and Ethereum, allowing U.S. retail clients to trade a wider range of tokens.
A bullish pennant pattern suggests that Chainlink could see further growth if volume confirms the breakout. However, it is essential for LINK to hold its support at $11 and confirm the breakout with increasing volume.