Chainlink Rallies 10% As Active Addresses Stay At 1-Year High

Chainlink has rallied up 10% today as on-chain data shows the number of active addresses are at a 1-year high. Chainlink Active Addresses Have Observed A Surge Recently According to data from the analytics firm Santiment, there were more than 8k LINK addresses active per day last week, the highest in 18 months.

Timeline of Chainlink

LINK's price increased by 2% in the last 24 hours Exchange reserve and MVRV Ratio stood in an optimistic position  Chainlink's [LINK] Twitter account recently posted a few optimistic updates regarding its ecosystem, predicting that it had the potential to fuel a price pump in the days to come.

Chainlink price analysis confirms a declining trend for the day as the price has undergone a significant drop during the last two hours as the coin is correcting after spiking high at $6.23 earlier this morning. Encouragingly, the support at $6.

Chainlink clinched an all-time high in the count of its daily social contributors. Its price continues to decline, and its outlook in the short term remains bearish Recent data from cryptocurrency social analytics platform LunarCrush revealed that LINK, Chainlink's native token, clinched an all-time high of 35,540 in its number of daily social contributors.

ChainLink price analysis for October 19, 2022, reveals the market following an uncertain movement, showing constant momentum, signifying dormancy for the LINK market. The price of ChainLink has remained constant over the past few hours.

A widely followed crypto trader says the FTX collapse has spurred astonishing amounts of fear, uncertainty, and doubt (FUD). Before mapping out his plans for top altcoins XRP, Chainlink (LINK), and one token that's experiencing tremendous growth, crypto analyst Michaël van de Poppe comments on the current crypto mood.

ChainLink price analysis for November 18, 2022, reveals the market following a complete bearish movement, obtaining massive negative momentum, signifying a decline for the LINK market. The price of ChainLink has remained negative over the past few hours.

Chainlink (LINK), the leading oracle network, normally performs on the day following the market downturn. LINK has experienced a 1.58% increase in the last 24 hours, trading at $6.22.

ChainLink price analysis for November 17, 2022, reveals the market following a complete bearish movement, obtaining massive negative momentum, signifying a decline for the LINK market. The price of ChainLink has remained negative over the past few hours.

ChainLink price analysis for November 16, 2022, reveals the market following a complete bearish movement, obtaining massive negative momentum, signifying a decline for the LINK market. The price of ChainLink has remained negative over the past few hours.

 LINK's price fails to hold amidst market turmoil as price falls back into its accumulation zone with a range-bound movement.  LINK's price continues to show strength after a bearish downtrend with the market's current state, as things look uncertain for most traders and investors.