Is LINK ready for a price rally?
The price of Chainlink has been at a make or break point, according to analysts.
Chainlink (LINK) is an Ethereum-based token that powers the Chainlink decentralised oracle network. The Chainlink network provides a link between real-world data and smart contracts, using LINK to pay for smart contract transactions. LINK is a token that is growing in popularity with a following that includes industry experts and celebrities and it is listed on many major exchanges. According to some analysts, it could be ready for a price rally, and an upswing is likely if LINK manages to hold around $24.5.
At the time of writing LINK has been recovering from its recent price correction and is at $20.21, which is up 12.80% in the last 24 hours. Will Chainlink move higher or retreat lower?
Chainlink has partnered with the largest names in DeFi and integrated with Microsoft and IBM. According to some analysts, it is expected to follow a bullish momentum, reach $45 by 2022 and $100 by 2025.
Chainlink (LINK) is an Ethereum-based token that powers the Chainlink decentralised oracle network. The Chainlink network provides a link between real-world data and smart contracts, using LINK to pay for smart contract transactions. LINK is a token that is growing in popularity with a following that includes industry experts and celebrities and it is listed on many major exchanges. According to some analysts, it could be ready for a price rally, and an upswing is likely if LINK manages to hold around $24.5.
At the time of writing LINK has been recovering from its recent price correction and is at $20.21, which is up 12.80% in the last 24 hours. Will Chainlink move higher or retreat lower?
Chainlink has partnered with the largest names in DeFi and integrated with Microsoft and IBM. According to some analysts, it is expected to follow a bullish momentum, reach $45 by 2022 and $100 by 2025.
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