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Chainlink (LINK) Price Breaks Higher, Records 6 Consecutive Bullish Days

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Nigel F

Chainlink (LINK/USD) price gained over 5% yesterday to break the intraweekly resistance at $11.20 and capitalize on its bullish run in the last week.

The blockchain platform has continued to make significant progress with its project as the number of clients continues to rise. For instance, Fetch.ai, the UK artificial intelligence lab, announced it has successfully integrated Chainlink’s Price Reference.

This tool allows consumers to verify prices of assets while offering improved security versus price manipulation.

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https://twitter.com/Fetch_ai/status/1314219443082407937 

“By integrating Chainlink into the Fetch.ai network, we are taking the necessary steps needed to further couple real-world data with autonomous software,” said Humayun Sheikh, Chief Executive of Fetch.ai, referring to the integration.

LINK/USD has continued to make gains as it now trades at $11.50 October 2020

Chainlink price is now trading at $11.51 as the buyers prepare to attack the next resistance line at $12.00.

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Nigel F
Nigel F
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Nigels tiefes Verständnis der Finanzmärkte basiert auf über 10 Jahren Erfahrung. Nigel wurde bisher zweimal von der FCA (Financial Conduct Authority) autorisiert und hat in der letzten Zeit eine Finanz-Brokerage Firma besessen und verkauft. Er liefert hochaktuelle Analysen und Einsichten in die Finanzmärkte und in die allgemeine Wirtschafts- und Währungspolitik des Vereinigten Königreichs, der USA, Europas und Asiens.