fxstreet.com 11 Feb, 2021 13:45 am

LINK continues its 20% rally to record levels after a pullback

Chainlink announced on February 10 that its feeds can now fetch Foreign Exchange [FX] prices that are highly secure and tamper-proof. These FX prices

Chainlink price continues its climb despite a 13% correction on February 10.Chainlink price targets a new all-time high of $32 Chainlink price closed above an ascending triangle on February 5 and hence predicted a 30% upswing from this continuation pattern.A decisive close above the $27 resistance level could catapult LINK to a new all-time high at $32.Despite the market-wide correction, LINK's rally to an all-time high is still intact, with an updated target of 20%.

Chainlink IOMAP chart Sentiment's Whale holders distribution metric clocked a 4% uptick in the number of whales holding 1 million to 10 million LINK.Chainlink Whale Holders Distribution chart Despite the mounting buying pressure behind Chainlink, investors must remain cautious due to the high volatility of this digital asset.

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