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Crypto

Chainlink Price Poised for 30% Surge Amid Bullish On-Chain Signals

Guavy AI Editorial Team
Instruments
LINK
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Chainlink's price has risen 10% this week to reach $8.85, driven by a bullish MVRV golden cross, a key on-chain indicator that crossed above its 200-day moving average.

Historically, this signal has preceded significant rallies, including a 155% surge in 2024 and an 85% rise in 2025.

Analysts predict a potential 30% price increase if Chainlink breaks above the $9.00 resistance level, with targets at $9.50 and $10.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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