Crypto
Chainlink Price Rally Continues, Analysts Eye $100 Target
Chainlink's (LINK) price has been on an upward trend, and analysts believe it still has room to grow. According to Crypto Patel, the token has already gained 40% from its September 16 low of $10.
The LINK price needs to sustain its recent breakout at $13.69 to continue with further upside. If it can maintain this level, it could open the way toward $20 and eventually $100, according to Patel's roadmap.
The Chainlink Reserve has also seen significant growth, adding 373,791 LINK worth over $4.3 million in September. This brings its total holdings to 6.04 million LINK, a nearly doubling of its reserves in the past six months.