Chainlink Price Climbs Above $13 as Reserve Surpasses $70 Million

Chainlink's LINK token has seen significant price growth over the past week, climbing to $12.82 and registering an 8% increase in the past 24 hours.

This surge comes as the wider crypto market shows renewed strength, with Chainlink's official reserve growing to surpass $70 million after a fresh $1.1 million LINK purchase.

Analyst More Crypto Online has outlined two possible wave patterns for the current rally, both of which leave room for further upside before the rally is considered finished.

The next challenge for LINK price sits between $13.90 and $20.60, with resistance identified in this range by More Crypto Online.