LINK on the Rise as the Impact of Defi Sector on Chainlink Continues

Azeez Mustapha


Unlock Daily Forex Signals

Select a Plan


1 - month



3 - month



6 - month






Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more


Service for copy trading. Our Algo automatically opens and closes trades.


The L2T Algo provides highly profitable signals with minimal risk.


24/7 cryptocurrency trading. While you sleep, we trade.


10 minute setup with substantial advantages. The manual is provided with the purchase.


79% Success rate. Our outcomes will excite you.


Up to 70 trades per month. There are more than 5 pairs available.


Monthly subscriptions begin at £58.

LINK, the native token of Chainlink, has begun to show some signs of strength in the past few hours. These signs of strength can be attributed to the ongoing integration of real-world data into their smart contracts by Defi platforms.

Owing to this development, Chainlink’s usage is Increasing vehemently. Consequently, as the ecosystem grows, there has been a significant increase in the adoption of Chainlink. This has also boosted investors’ confidence as the price of LINK increases.

LINK on the Rise as the Impact of Defi Sector on Chainlink ContinuesLINKUSD is clearly in an upward trend as price leaves the oversold region. The upward trend came up after a long period of descent alongside an emerging falling trendline from the supply zone of $8.800. On June 10, 2023, the six-month low at $5.400 was broken as the market’s downtrend approached its end.

The Moving Average has flipped to the right side of the candlesticks, as it gave the buy signal two days ago. The invalidation of the diagonal resistance as the price leaves the oversold region has increased the buying momentum of the market. LINKUSD might keep heading upward until the overbought region is reached.

Resistance Levels: $6.200, $8.800, $9.700
Support Levels: $4.900, $4.400, $3.700

Total Market Capitalization: $1.19T
Chainlink Market Capitalization: $3.34B
Chainlink Volume: $0.19B
Market Rank: #22

You can purchase Lucky Block here.  Buy LBLOCK

Note: is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *