Chainlink's 13% Climb: Can LINK Reach $16 This Week?
The Chainlink (LINK) cryptocurrency is up 13% in the last seven days, signaling a resurgence in price and investor interest in the altcoin. Volume is increasing, volatility is picking up, and LINK may be on its way to reclaiming $16. Could it hit the mark as soon as this week? LINK is up following its announcement of a new partnership with credit card provider Mastercard. Now back above $13, investors hope that July will prove bullish. The current price charts for the Chainlink cryptocurrency reveals a promising pattern. Indeed, LINK bulls are looking at $12.80 as a new lower resistance, hinting that LINK’s bottom is getting higher. As a result, the window for growth is going, and Chainlink could target a range in the $14-$16 area in a matter of days. Meanwhile, other Chainlink (LINK) analysts are even more bullish. Crypto analyst Henry Lord of Alts says that Chainlink has endured months of downtrend and silence, but a structural shift is now underway. His Analysis highlights tha...