4 Signs Show Chainlink (LINK) May See Strong Reversal After 1,700% Rally

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One of the best-performing cryptocurrencies over the past two years is LINK. The native token of the Chainlink project, the altcoin has rallied by approximately 1,700% against BTC from its 2018 lows. Chainlink is benefiting from a surge in adoption of its core technology, decentralized oracles, from many established entities. In the past month alone, the Chinese state-sponsored Blockchain Service Network, Huobi, and Nexo have integrated oracles from the project. These partnerships/integrations, coupled with an uptick in publicity on Crypto Twitter and in the media, have pushed the asset to a new all-time high. Just the other day, LINK interacted with $9 for the first time ever, making it the 7th or 8th largest crypto. Unfortunately for holders of the cryptocurrency, there is a growing sentiment that it will see a strong correction. Seeing that the crypto asset rallied hundreds of percent in a few months, it’s no surprise people…

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