While many cryptocurrencies have been under pressure, the LINK price is bucking the trend, rising over 30% in the past 14 days. Chainlink has long been one of the strongest coins in terms of fundamentals. With over 800 projects integrating Chainlink oracles, it’s only a matter of time before the price fully reflects its strong fundamentals. Currently, the LINK’s price is $18.02, representing a 7% increase in the past 24 hours and an 8% increase over the past 7 days.
LINK Price Poised To Extend Gains by As Much As 25%
Chainlink Price Chart | TradingView
Chainlink price recovered from a nasty 37-day consolidation that lasted from April 10 to May 17. A change in overall market sentiments saw the king of oracles break out of the range in an explosive move.
Over the following 10 days, Chainlink’s price continued to push upwards in a slow ascent that formed an ascending triangle. The LINK price action is trending steadily above the 50-day and 200-day moving averages, reinforcing the bu
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