– Chainlink’s LINK token surged 10% in 24 hours, hitting a seven-month excessive with a 42% weekly acquire, changing into the top-performing asset amongst prime 50 cryptocurrencies.
– The rally was pushed by a partnership with ICE (NYSE mum or dad) to combine foreign exchange/metallic pricing information on-chain and a brand new buyback initiative utilizing enterprise income to strengthen token worth.
– Technical evaluation reveals bullish momentum with LINK above key shifting averages, nearing $24 resistance, and an RSI of 72.72 signaling potential short-term consolidation earlier than additional beneficial properties.
