Chainlink $LINK is also making waves this month, with what the crypto community has dubbed “No-Sell November.” LINK has rocketed from a monthly low of $10 to a high of $19, recording a 30% increase over the past seven days and a massive 55% gain on the monthly chart. The token is now trading above $18, with eyes set on a potential rally past $25, further cementing its position as a strong investment option.
Technical indicators such as the 13-SMA and 20-VWA signal continued bullish momentum, pointing to further price growth. This optimism is echoed by analysts who foresee significant gains for LINK. MartiniGuyYT projects a potential price of $200 during this bull cycle, while Crypto_BitC offers a more conservative mid-term target of $125, with an “ultra-bull case” scenario suggesting a potential peak at $410.
With both Polkadot and Chainlink demonstrating strong performance and favorable technical setups, they are emerging as key players in the current crypto market rally, drawing increasing attention from investors and analysts alike.