ChainLink (LINK) price continues to raise its bar every few days, giving hopes to its investor community. The currency has been on a continual uptrend since the past 7 days despite the price slumps. LINK price has been moving in the range of $3.42 – $3.84 over this period.
Chainlink Price Analysis
LINK price has given a spectacular performance over the past 7 days, which also indicates that in the upcoming days, the price might continue to trade upwards. The coin was trading at a high of $3.8158 on April 18. Then, the bears took control over the coin, and hence, the price fell to $3.5569 by 6.79% on the next day. Later, Chainlink’s price escalated to $3.7830, but it fails to cross $3.80, and then, it again faced rejection. On April 20, at 19:40 UTC, the price of LINK once again went down and touched $3.4232.
On the next day, the currency reflected moderate recovery to the extent of 4.05% and reached $3.5618. The bears again managed to push the price of the LINK coin down to $3.4519. After this slump, the currency managed to trade upwards with continual bullish moves. Yesterday, the price reached $3.8353 by 11.13% hike.
However, after this huge hike, the coin faced corrective pullback but managed to stay above $3.75, and then, at the time of writing, it spotted at $3.8420. Chainlink has reflected a huge rally for the past 3 days amid moderate volatility. Analysts expect the coin to continue its bullish run during the course of the year.