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Chainlink Records Overall 3% Dip in Last Month

  • Chainlink records a dip of 3%; the price counter changed from $1.92 to $1.86 in a month
  • Parallel Markets partners with Chainlink to build the first portable investor identity solution

It has been quite a year for Chainlink users. The crypto has got support from companies like Google, who are now connecting their data on-chain platform and now it has recently inked partnership with Parallel Markets to build the first portable investor identity solution. This news may help in providing a boost to the current market performance of this token.

Chainlink Price Comparison:

In the last one month, LINK token has recorded a dip of over 3% slumping from $1.92 to its current value as on October 2, 2019, at 07:08:55 UTC. The coin has had a topsy-turvy ride throughout the month. It started at $1.92 but then slumped up to $1.52 in the next 10 days. LINK gained some momentum to climb as high as $2.03 towards the end of last month but immediately slumped back again to trade around $1.50. It is currently moving in the upward direction.

Yesterday, the highest recorded value of LINK was $1.90 and the lowest was $1.76. Currently, the coin is moving close to the highest and it may even cross $1.90 by the end of the day.

Chainlink started the year trading at $0.40 and currently, it is almost touching $2. This shows a consistent growth pattern in the journey of this token. The coin even went as high as $3.70 in the last 90-days, which shows that it has the potential to cross its all-time-high at $4.54 soon.

According to the LINK forecast, based on the current formation of technical indicators, the Chainlink price continues to follow the same pattern for now & the price of Chainlink will rise in the upcoming years. This is the best time to plan long-term investments in the LINK token and get huge returns.

Matthew Diaz: Matthew Diaz is a full stack developer working in NameCoinNews on blockchain and cryptocurrency related websites. He has a comprehensive knowledge of exploring different technical tools to analyse market trends of cryptocurrencies. He has over a decade experience of technical analysis and assisting companies to achieve desired solutions. He is avid cyclist and music enthusiasts.