Chainlink (LINK) remains to be one of the best performing cryptocurrencies in the past twelve months. As of Jan. 23, LINK is now bigger than Litecoin (LTC) and now number seven at $9.2 billion market capitalization, after surpassing Bitcoin Cash earlier this week.
The LINK price surge also coincided with rumors this week that Grayscale is preparing to add a Chainlink Trust product. This news event likely played a part in the price of Chainlink rallying toward new all-time highs, making LINK, once again, one of the best performing cryptocurrencies.
What is the key support level?