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The Chainlink price soared 11% in the last 24 hours to trade at $16.98 as of 2:45 a.m. EST on trading volume that surged 42% to $1.05 billion.
The LINK price surged in the last 24 hours from $15.34 to $17.33 before dropping back below the resistance at $17. The surge came alongside Bitcoin’s, which finally allowed the largest cryptocurrency to climb back up to $90k and go beyond this level.
Meanwhile, with the White House Crypto Summit scheduled for tomorrow, Feb. 7, another contributor to Chainlink’s price increase might be the fact that its co-founder, Sergey Nazarov, confirmed his attendance to the event. The same is true for Coinbase CEO Brian Armstrong, Exodus CEO J.P. Richardson, Robinhood CEO Vlad Tenev, and others.
Chainlink Price Prediction
The Chainlink price has followed a rather clear pattern in the last two days, growing until it hits a strong resistance, suffering a minor correction, approaching the resistance again, breaking it, and moving on to the next. The project’s Bollinger Bands have seen a major widening whenever the breaking of the resistances occurred, only to see a sharp narrowing as it approaches the resistance for the second time after the initial rejection.
If the pattern holds, the coin could break the resistance at $17 in the hours to come, and continue moving further up.
15-minute chart for LINK/USDT (Source: TradingView)
However, the project’s Relative Strength Index is showing that the traders have started selling again, with the LINK RSI spiraling from being just below the overbought zone down toward the oversold area. Its value went from 60 to 40 in the past hour.
This may suggest that traders do not expect LINK to go higher up, and that the level at $17 may be its limit. Of course, LINK’s true big resistance is at $20 — the level that kept it from progressing throughout February.
LINK could still see a new wave of purchases throughout the day and its price could re-test the resistance at $17, so traders should still keep a close eye on its movement.
Promising Alternative To Chainlink
One promising alternative to Chainlink is the new hybrid project MIND of Pepe (MIND) — a mix of meme coins and AI agent cryptos.
Inspired by the Pepe meme on the surface, the project introduces a unique AI agent at its core, operating as a self-sovereign real-time intelligence able to perform hive-mind analysis. It also has an autonomous Twitter account, which allows it to monitor conversations among crypto community members as well as analyze market sentiment and trends.
Singularity. $MIND pic.twitter.com/eCr1Ypvz3u
— MIND of Pepe (@MINDofPepe) March 6, 2025
That also lets it spot any new trends as soon as they emerge, and notify its community members — the MIND token holders. This information will be exclusive to them, which is one of the major reasons why investors have poured over $7.1 million into the project’s ICO.
Of course, this information will reach the rest of the market fairly quickly, and MIND of Pepe can even use it to shape conversations in the industry and point out new trends, helping the industry navigate and evolve faster by discovering worthwhile and promising trends sooner.
With that said, it is no surprise that investors are rushing to buy MIND tokens, especially while they are selling at their low ICO price of $0.0034539. Even crypto experts such as ClayBro, a crypto YouTuber with 136k subscribers, said in a recent video that MIND has “explosive potential,” which is why it might be wise to consider buying it while its price is low.
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