ChainLink’s (LINK) Price Rallies Over 30% to Start April

ChainLink (LINK), a blockchain oracle platform that links real-world data to smart contracts, has been one of the darlings of the crypto industry over the last year.

Unsurprisingly, with the recent surge across most of the crypto market in the last week, LINK has been one of the best-performing assets.

The price of LINK is now up 32% in the past week and almost 100% from its recent lows set in March during the initial coronavirus panic. Despite this rally, the altcoin is still down around 38% from its all-time high of $4.97, which was set at the beginning of March.

While ChainLink continues to announce an impressive number of collaborations and partnerships, the recent price action looks to be related to technicals. LINK is also one of the most liquid coins with US investor availability on Coinbase, Binance US and Voyager.

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Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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