Is It Too Late To Buy LINK? Chainlink Price Increases 2% And This Might Be The Next Crypto To Explode
The Chainlink price went up 2% in the last 24 hours to trade at $29.15 as of 2 a.m. EST on trading volume that skyrocketed 45% to $3.6 billion. The LINK price also surged over 23% on a weekly chart, which closely resembles Bitcoin’s performance. The project saw a small price boost last Friday, rising to the resistance at $26, only to spend most of the last weekend trying to breach it. This week’s Monday then brought a rejection to $20, only for the price to start another increase on late Tuesday, which brought a slow increase back to $24. Then, yesterday, the price shot up to the resistance at $30, which it has been trying to breach ever since. As mentioned, this performance closely resembles Bitcoin’s price surge, with the oldest cryptocurrency similarly struggling to breach the resistance at $102.5k. While LINK has since been rejected to $29.15, so did Bitcoin drop to $100k. However, Chainlink did see some positive developments recently that may have contributed ...