- LINK tapped $13, with technical indicators hinting at a surge to $14.55.
- A retest of $12.22 is possible, but it may not be able to invalidate the rally.
- Chainlink’s CCIP has also been influencing the hike in the token’s price due to the surge in adoption.
For the first time since April 2022, Chainlink (LINK) blasted through the $13 mark. At the time of writing, LINK’s value was $13.22, indicating a 71.76% surge in the last 30 days. On a Year-To-Date (YTD) basis, LINK’s performance observed a tremendous 132.88% increase.
The surge in LINK’s price could be attributed to the renewed interest in the token. This jump in interest was confirmed by the trading volume, which has been on an upward trend for the last few days.
Likewise, whales have not been left out. For instance, a smart money tracking account on X (formerly Twitter), Lookonchain, reported how a certain whale bought $3.81 million worth of LINK. This action surely impacted the buying pressure connected to the token.
A smartmoney bought 312,901 $LINK($3.81M) at an average price of $12.17 in the past 8 hours.The post Chainlink (LINK) Hits 18-Months High, Targets More Upside appeared first on Coin Edition.This smart money has previously traded 10 tokens with a total profit of more tha…