The Opportunity Does Not End in Cryptos: This Popular Coin Can Be At a Good Purchase Level!

0
16

While some of the crypto currencies experienced serious increases and set new records Chainlink It seems that some cryptocurrencies, such as (LINK), have remained relatively calm and are continuing a consolidation process. However, some analysts think that the LINK price is ready for an explosion soon.

Chainlink’s New Partnership

Bored Ape Yacht Club (BAYC) announced earlier today the integration of Chainlink with Verifiable Random Function (VRF) to distribute random NFTs on the airdrop of its platform. To celebrate the launch of the Mutant Ape Yacht Club (MAYC BAYC token the owners will be issued the ”serum” airdrop. At this point, it is worth noting that the platform has chosen Chainlink’s VRF for public sale.

These types of partnerships usually have very good results for crypto money projects in the medium and long term. On the one hand, interest in the crypto currency of the project is growing, and on the other hand, the doors of new partnerships are opening.

The price of Chainlink

After hearing the news LINK price an upward movement has passed. as of the moment the article was written, it seems that LINK, which is traded in the 29 dollar band, has risen to 30 dollars.

At this point, according to analysts, the first strong resistance in LINK appears to have occurred in the 30.8 dollar band. it is believed that breaking this level will create space for an increase in LINK. In addition, it is noteworthy that LINK has not yet experienced the expected increase during the period when most altcoins have recorded serious increases.

Analysts suggest that this situation can be considered a buying opportunity. LINKED it had seen an all-time high of $58.88 in May. Therefore, if LINK is going to set a new record, these levels can be a really good buying point. However, it should be remembered that Chainlink will also decline with a possible decline in the market.

The information contained in this article absolutely does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and they should conduct their transactions in accordance with their own research.

You can follow our news on our Telegram channel, Instagram, Facebook, Twitter accounts and Youtube channel.