Rally

FOMO

Chainlink

<div class="watcher-guru">
 <p>Chain<a rel="noopener noreferrer nofollow" title="LINK" href="https://thebittimes.com/tag/link.html">LINK</a> (<a rel="noopener noreferrer nofollow" title="LINK" href="https://thebittimes.com/tag/link.html">LINK</a>) is among the best-performing cryptocurrencies this week. The asset has rallied by 5.5% in the daily charts, over 27% in the weekly charts, 18.5% in the last 14 days, and over 40% in the previous month. Moreover, <a rel="noopener noreferrer nofollow" title="LINK" href="https://thebittimes.com/tag/link.html">LINK</a> has maintained its growth from 2023 and is up by almost 158% since January last year.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="860" src="https://cdn.thebittimes.com/images/2024/02/06/0702ee97b9ce7b613fd04df510211b9d.webp" alt class="wp-image-127219" srcset="https://cdn.thebittimes.com/images/2024/02/06/0702ee97b9ce7b613fd04df510211b9d.webp 1024w, https://cdn.thebittimes.com/images/2024/02/06/0702ee97b9ce7b613fd04df510211b9d.webp 300w, https://cdn.thebittimes.com/images/2024/02/06/0702ee97b9ce7b613fd04df510211b9d.webp 768w, https://cdn.thebittimes.com/images/2024/02/06/0702ee97b9ce7b613fd04df510211b9d.webp 1536w, https://cdn.thebittimes.com/images/2024/02/06/0702ee97b9ce7b613fd04df510211b9d.webp 380w, https://cdn.thebittimes.com/images/2024/02/06/0702ee97b9ce7b613fd04df510211b9d.webp 550w, https://cdn.thebittimes.com/images/2024/02/06/0702ee97b9ce7b613fd04df510211b9d.webp 800w, https://cdn.thebittimes.com/images/2024/02/06/0702ee97b9ce7b613fd04df510211b9d.webp 1160w, https://cdn.thebittimes.com/images/2024/02/06/0702ee97b9ce7b613fd04df510211b9d.webp 1706w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: CoinGecko
  </figcaption>
 </figure>
 <p><strong>Also Read: Chain<a rel="noopener noreferrer nofollow" title="LINK" href="https://thebittimes.com/tag/link.html">LINK</a> Could Rally Over 100% to $34 in 2024: Predicts Analyst</strong>.</p>
 <p><a rel="noopener noreferrer nofollow" title="LINK" href="https://thebittimes.com/tag/link.html">LINK</a>’s price witnessed a massive spike in late October 2023 and another in late January 2024. <a rel="noopener noreferrer nofollow" title="LINK" href="https://thebittimes.com/tag/link.html">LINK</a>’s recent rally could be due to dormant whale wallets waking up and pumping large amounts of tokens into circulation. The influx of coins may have induced FOMO (Fear Of Missing Out) among investors, leading to more buys.</p>
 <div class="quads-location quads-ad33739 " id="quads-ad33739" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828227"></div>
  </div>
 </div>
 <h3 class="wp-block-heading" id="h-will-chainlink-link-hit-20-this-week">Will Chainlink (LINK) hit $20 this week?</h3>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="576" src="https://cdn.thebittimes.com/images/2024/02/06/c4cf08628076c602e95b428d771ebdd4.webp" alt="Chainlink" class="wp-image-116854" srcset="https://cdn.thebittimes.com/images/2024/02/06/c4cf08628076c602e95b428d771ebdd4.webp 1024w, https://cdn.thebittimes.com/images/2024/02/06/c4cf08628076c602e95b428d771ebdd4.webp 300w, https://cdn.thebittimes.com/images/2024/02/06/c4cf08628076c602e95b428d771ebdd4.webp 768w, https://cdn.thebittimes.com/images/2024/02/06/c4cf08628076c602e95b428d771ebdd4.webp 1536w, https://cdn.thebittimes.com/images/2024/02/06/c4cf08628076c602e95b428d771ebdd4.webp 380w, https://cdn.thebittimes.com/images/2024/02/06/c4cf08628076c602e95b428d771ebdd4.webp 550w, https://cdn.thebittimes.com/images/2024/02/06/c4cf08628076c602e95b428d771ebdd4.webp 800w, https://cdn.thebittimes.com/images/2024/02/06/c4cf08628076c602e95b428d771ebdd4.webp 1160w, https://cdn.thebittimes.com/images/2024/02/06/c4cf08628076c602e95b428d771ebdd4.webp 1920w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source – BTC-ECHO
  </figcaption>
 </figure>
 <p>According to CoinCodex, LINK will continue its bullish outlook, reaching $20.34 by Feb. 12, 2024. Hitting $20.34 would translate to a growth of about 8.36% from current levels. Moreover, CoinCodex anticipates LINK to reach $22.95 by mid-February, a rise of over 22% from current price levels.</p>
 <p><strong>Also Read: Chain<a rel="noopener noreferrer nofollow" title="LINK" href="https://thebittimes.com/tag/link.html">LINK</a> Could Hit $30 Soon, Here is What Triggered <a rel="noopener noreferrer nofollow" title="LINK" href="https://thebittimes.com/tag/link.html">LINK</a> Price Surge</strong>.</p>
 <div class="quads-location quads-ad15192 " id="quads-ad15192" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div id="primisContainer" class="add"></div>
 </div>
 <figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="374" src="https://cdn.thebittimes.com/images/2024/02/06/7cd5c0894470e675c92eff6301a5746a.webp" alt class="wp-image-127221" srcset="https://cdn.thebittimes.com/images/2024/02/06/7cd5c0894470e675c92eff6301a5746a.webp 1024w, https://cdn.thebittimes.com/images/2024/02/06/7cd5c0894470e675c92eff6301a5746a.webp 300w, https://cdn.thebittimes.com/images/2024/02/06/7cd5c0894470e675c92eff6301a5746a.webp 768w, https://cdn.thebittimes.com/images/2024/02/06/7cd5c0894470e675c92eff6301a5746a.webp 1536w, https://cdn.thebittimes.com/images/2024/02/06/7cd5c0894470e675c92eff6301a5746a.webp 380w, https://cdn.thebittimes.com/images/2024/02/06/7cd5c0894470e675c92eff6301a5746a.webp 550w, https://cdn.thebittimes.com/images/2024/02/06/7cd5c0894470e675c92eff6301a5746a.webp 800w, https://cdn.thebittimes.com/images/2024/02/06/7cd5c0894470e675c92eff6301a5746a.webp 1160w, https://cdn.thebittimes.com/images/2024/02/06/7cd5c0894470e675c92eff6301a5746a.webp 1676w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: CoinCodex
  </figcaption>
 </figure>
 <p>Changelly also anticipates Chainlink (LINK) to continue its bullish trajectory. The platform anticipates LINK to hit $20.65 on Feb. 12, 2024. Moreover, Changelly predicts LINK to breach the $22 mark on Feb. 15, 2024.</p>
 <p>Chainlink (LINK) is currently down by over 64% from its all-time high of $52.7, which it attained in May 2021, over two years ago. According to Changelly, LINK could reclaim its 2021 peak sometime in July 2026, about two years from now. Telegaon also anticipates LINK to reclaim its all-time high in 2026.</p>
 <p>Chainlink (LINK) is a popular cryptocurrency with several global partnerships. The project has also facilitated transfers worth $9 trillion. Hence, LINK is in a solid position to continue attracting funds from investors.&nbsp;</p>
 <div class="quads-location quads-ad33742 " id="quads-ad33742" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828233"></div>
  </div>
 </div>
 <p></p>
</div>
<div class="cs-entry__tags">
 <ul>
  <li>chainlink</li>
  <li>LINK</li>
 </ul>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/chainlink-link-rallies-40-can-it-hit-20-this-week-tbt78959.html">https://thebittimes.com/chainlink-link-rallies-40-can-it-hit-20-this-week-tbt78959.html</a></p>

Chainlink (LINK) Rallies 40%, Can it Hit $20 This Week?

Table of Contents

TheBitTimes

Other articles published on Feb 5, 2024

South Korea’s Financial Watchdog to Meet US SEC to Discuss Spot Bitcoin Approval

Bitcoin’s Steady Performance Contrasts With Rising Altcoins

WisdomTree’s Bitcoin ETF aims for second-half success with financial adviser adoption

Ripple News: XRPL Eyes Trillion-Dollar Tokenization Market, Boosting XRP Price

Polygon NFTs: Sales volume plummets 35% in February – Why?

Render Leads Market Recovery as Best-Selling ICO Hits 95% Sold-Out Status

Join our free newsletter for daily crypto updates!