According to data from CryptoCompare, around 08:45 UTC on Tuesday (August 4), Chainlink (LINK) surged past the $9.60 level to reach the intraday high of $9.62, which is a new all-time high (ATH).
Currently (as of 08:50 UTC on August 4), LINK is trading at $9.60, up 13.8% against USD in the past 24-hour period.
Since Chainlink’s token started the year at $1.76, this means that in the year-to-date (YTD) period, LINK is up a highly impressive 445.45% against USD.
Interestingly, Chainlink’s most recent rally started around the same time—05:00 UTC on Sunday (August 2)—that both Bitcoin and Ether suffered flash crashes.
On August 2, prominent crypto analyst/trader Josh Rager, who is also a Co-Founder of online crypto learning platform Blockroots, as well as an advisor to several blockchain startups, offered this bit of technical analysis, tweeted:
And earlier today, he sent out a tweet that suggested he remains confident that Chainlink could soon be breaking $10 to set yet another new ATH:
Crypto-focused behavior analytics startup Santiment has noticed that as the LINK price has gone up recently, “trading and social volume” have also increased:
Around one hour ago, one popular crypto analyst/researcher had this to say about the recent attacks on the Chainlink project by Zeus Capital LLP:
Featured Image by “NeelShakilov” via Pixabay.com
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
