Chainlink price could create one of the most sought-after bullish entry setups in Point and Figure analysis: the Bullish Catapult. However, buyers must keep Chainlink above a certain price threshold, or the pattern will be invalidated Chainlink price has been hovering below a crucial resistance level at $28.20 for the past two weeks. A decisive close above this barrier will likely propel LINK up by 55% to $41