Chainlink: Exploring the possibility of sustained whale interest amidst bull rally

Chainlink LINK continued to increase its adoption with new partnerships, the latest being with Elure Labs. As per the official announcement on 13 January, Elure Labs has integrated Chainlink Price Feeds to help ensure that collateralization ratios were calculated based on tamper-proof market data.

Timeline of Chainlink

ChainLink price analysis for January 27, 2023, reveals the market following an upward movement, showing increasing momentum, signifying positivity for the LINK market. The price of ChainLink has remained bullish over the past few hours.

In addition to the many other significant announcements made by Chainlink, the network has recently revealed a milestone it has reached. Although the network's popularity has increased due to its many collaborations and integrations, how has it affected the value of its native token, LINK?

ChainLink price analysis for January 26, 2023, reveals the market following an upward movement, showing increasing momentum, signifying positivity for the LINK market. The price of ChainLink has remained bullish over the past few hours.

ChainLink price analysis for January 25, 2023, reveals the market following a downward movement, showing decreasing momentum, signifying negativity for the LINK market. The price of ChainLink has remained bearish over the past few hours.

ChainLink price analysis for January 24, 2023, reveals the market following a downward movement, showing decreasing momentum, signifying negativity for the LINK market. The price of ChainLink has remained bearish over the past few hours.

Co-founder of Chainlink [LINK] Sergey Nazarvo, recently published a blog that not only highlighted Chainlink's achievements in 2022, but also the company's plans for the current year.

Chainlink price analysis shows that the LINK prices are currently showing some bullish momentum building up again after a brief period of consolidation in the $6.30-$6.53 region. The prices have found some support near the $6.34 level and are currently trading around the $6.49 mark.

The Chainlink blockchain is gradually extending its tentacles across the decentralized landscape. Its long-term expectations are particularly high but its native token LINK remains undervalued at best.

ChainLink price analysis for January 19, 2023, reveals the market following a downward movement, showing decreasing momentum, signifying negativity for the LINK market. The price of ChainLink has remained bearish over the past few hours.

ChainLink price analysis for January 17, 2023, reveals the market following an upward movement, showing increasing momentum, signifying positivity for the LINK market. The price of ChainLink has remained bullish over the past few hours.