Chainlink's Bullish Golden Cross: Will It Trigger a 30% Rally?

Chainlink (LINK) is showing renewed strength after breaking above $8.80 and its Market Value to Realized Value (MVRV) ratio has formed a bullish golden cross for the first time in over a year.

The MVRV ratio compares the current market value of an asset with its realized value, which reflects the price at which coins last moved.

A similar crossover appeared in November 2024, preceding a 155% rally, and in July 2025, followed by an 85% increase in Chainlink's price.

However, historical performance does not guarantee the same outcome this time. LINK still needs to clear key resistance levels before it can achieve its potential 30% rally.