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- 1 Link Price is up by almost 32.81%, showcasing bullishness on the technical chart.
- 2 The Chainlink price broke above the key exponential moving averages, suggesting a solid presence of buyers.
- 3 The community is excited about the upcoming event, The Consensus Conference.
Chainlink has rebounded from lower levels and surpassed key moving averages. A major reason for this price surge is Chainlink’s partnership with Swift Payments at the Consensus Conference in Austin, Texas, this week.
The Consensus conference representatives are Chainlink and Swift. Moreover, the event will have 15000+ attendees from more than 100 countries.
15,000+ people from 100+ countries are attending @consensus2024.
— Chainlink (@chainlink) May 27, 2024
We are excited to be on the ground with multiple events and experiences, including a @SergeyNazarov keynote and a fireside chat with Swift.
Plan your schedule around everything Chainlink ⬇️https://t.co/pmL1CgeoJZ pic.twitter.com/WwSqUJsg2H
The Consensus conference representatives are Chainlink and Swift.
This collaboration has resulted in the LINK holder’s bullish reaction to the news. Moreover, the network completed 12 updates for the 6 Chainlink services on the nine blockchains, including Arbitrum, Base, Ethereum, LineaBuild, MetisL2, Optimism, OxPolygon, Scroll_ZKP, and zkSync.
Community Looked Exited for Event
The community is abuzz with excitement for the upcoming event. A user named Bubbafox shared on X that SWIFT has been working with Sergey since 2013, confirming information that was disclosed about 12 months ago.
$Link
— Bubbafox (@bob4punk) May 28, 2024
SWIFT just confirmed like 12 months ago that they have been working with Sergey since 2013.
Chainlink isn't just a bunch of outsider nerds who came up with something cool that banks may use at some point in the distant future, they have been deeply connected insiders all… pic.twitter.com/P6U4Ub25lm
The user indicates that the current events result from a decade-long buildup appreciating and supporting the Chainlink development.
2 days …$LINK
— ChainLinkChad.eth (@FelipeCrypto) May 28, 2024
👀
Swift & Chainlink pic.twitter.com/AALMIUBsKX
Another user posted, “Believe in something even if it means sacrificing everything” supporting the Link. Moreover, Chainlink supporters are eagerly waiting for the event.
The Chainlink Price is Up by 32% in a Week
The Chainlink price recently broke above the key moving averages, showcasing bullishness on the technical chart. The Link surged by almost 32% in a month and 10% in a week, showcasing bullishness.
The Chainlink price is currently trading at $18.10 with a market cap of $10.77 billion. Moreover, if the price breaks the $21.50 level and receives buyer support, it may reach higher levels.
Amanda Shinoy is one of the few women in the space invested knee-deep in crypto. An advocate for increasing the presence of women in crypto, she is known for her accurate technical analysis and price prediction of cryptocurrencies. Readers are often waiting for her opinion about the next rally. She is a finance expert with an MBA in finance. Quitting a corporate job at a leading financial institution, she now engages herself full-time into financial education for the general public.
