LINK price surged 4.74% to $8.75, overshooting Bollinger band. To hit $9.37, traders should wait for a pullback.

The cryptocurrency LINK has surged by 4.74% to reach $8.75, breaking through its Bollinger upper band while the stochastics indicator remains close to 100. This indicates a potential overshot in price that may require a pullback. The next target for LINK is $9.37, although this milestone may only be relevant to traders monitoring the market closely.