Coin

ChainLink Rallies, Surpassing $16.70 in a Strong Trading Session

The cryptocurrency LINK posted a notable 2.14% gain on August 6th, demonstrating significant intraday volatility and a firm upward trend.

MARKET WATCH – The cryptocurrency ChainLink (LINK) experienced a significant price increase on Tuesday, August 6th, climbing to a value of 0.3507 for the day.

The 1-day trading chart reveals a dynamic session for the digital asset. After starting the day on a weaker note with a dip below the 16.3852

The momentum carried the cryptocurrency to an intraday high above $16.80 before a slight consolidation brought it to its current level. The performance indicates strong buying interest throughout the latter half of the trading session.

This positive movement for ChainLink provides a bullish signal to investors and market watchers, capping a day of robust growth and recovery in its valuation against the US Dollar.

Prakash Gupta

Prakash Gupta has been a financial journalist since 2016, reporting from India, Spain, New York, London, and now back in the US again. His experience and expertise are in global markets, economics, policy, and investment. Jamie's roles across text and TV have included reporter, editor, and columnist, and he has covered key events and policymakers in several cities around the world.