Chainlink grabbed headlines with a 10% rally last week, which pushed its monthly gains to 53%. This stellar performance by LINK has resulted in a bullish outlook for the Oracle token. As a result, investors are expecting a massive rally for the token. One analyst, however, mentions that Chainlink price could hit $100 this bull run.
Chainlink price has recently grabbed headlines, with a 10% rise in the last week, bringing its monthly gains to over 53% as of this writing. Besides the Bitcoin factor, LINK’s upsurge has primarily been characterized by increased cross-chain integration. The crypto coin broke out of the $13.00 resistance level ten days ago, building a strong momentum for the upside.
Why Chainlink Price Could Hit $100 This Bull Run
Influential market analyst Lucky, whose X account has more than 2.2 million followers, is among those who are upbeat about Chainlink price upside. On his part, he cites rising institutional adoption as a key driving factor behind his bullishnes
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