Chainlink Price Prediction: LINK Jumps 3% On Mastercard Partnership As This Crypto Wallet Presale Charges Towards $14 Million

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Chainlink Price
Chainlink Price

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The Chainlink price jumped 3% in the last 24 hours to trade at $13.41 as of 11:17 p.m. EST as investors start to buy the altcoin.

The uptick in the LINK price comes after Chainlink announced a partnership with Mastercard to enable billions of cardholders to purchase crypto directly on-chain.

Chainlink Price Trying To Break Through Resistance

LINK Chart Image

Daily chart for LINK/USD (Source: GeckoTerminal)

The Chainlink price is attempting to flip a resistance level at $13.62 into support, data from GeckoTerminal shows. Should the altcoin clear this technical barrier, it might have the foundation needed to overcome a descending trend line that has held its price down over the past month. 

That will be the final obstacle in the way of the Chainlink price if bulls try to push the crypto up to the major resistance level at $15.57. 

Failure to clear the $13.62 resistance or the negative trend line could, however, stop the Chainlink price in its tracks. Traders might then start to enter into short positions for LINK, which could result in a drop to around $12.00. 

Technicals Suggest The Chainlink Price Might Keep Climbing

From a technical point of view, it seems the Chainlink price might continue climbing over the course of the next 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing bullish signs.

That’s after the MACD line was able to cross above the MACD Signal line in the last 24 hours, which is a classic technical development that suggests a crypto has entered a positive trend. If the MACD Histogram values start to rise in the next 24 hours, traders might see it as an indication that LINK’s bullish momentum is picking up steam.

Meanwhile, the RSI has risen from oversold territory around 30 to the high 40s to signal increasing buyer strength. As a result, the indicator is now near the crucial 50 mark, which, if breached, could indicate that bulls have taken control of the Chainlink price.

As the Chainlink price tries to overcome technical obstacles, investors are also buying into the presale for Best Wallet (BEST). According to popular YouTube channel 99Bitcoins, which has over 723K subscribers, BEST has the potential to soar 10X after its launch.

A Crypto Wallet Offering Users All Of The Features They Need

Best Wallet is a new crypto wallet that is taking the crypto market by storm. It offers a range of handy features that allow investors to store, secure and grow their crypto holdings all from one platform.

The suite of features include a native decentralized exchange (DEX), a token launchpad and an in-app staking solution. All of this comes with support for over 60 public blockchains and the thousands of cryptos that are hosted on them as well. 

Additionally, users are able to import their wallets from across the Web3 space to make managing their funds much easier. Users can also rest assured that their digital assets are secure, because Best Wallet is a non-custodial solution. This means that users’ private keys are not stored on a centralized and potentially vulnerable server.

Best Wallet Tweet

Of all of Best Wallet’s features, its “Upcoming Tokens” section is gaining a lot of attention for its ability to flag early-stage projects with high growth potential. The success of this feature has already been established after it identified Pepe Unchained (PEPU) and Catslap (SLAP), which have both gone on to print massive gains for early investors. 

BEST token holders also unlock additional perks, such as higher staking rewards, lower transaction fees, early access to new projects and the ability to take part in Best Wallet’s governance. 

Best Wallet Presale Charges Towards $14 Million

Best Wallet has managed to raise more than $13.5 million in early-stage funding through its ongoing presale so far, signaling strong investor confidence in the project’s future. 

There’s still time left for interested investors to get in at this ground level of the project. BEST is currently selling for $0.025235 apiece, and can be bought through the simple buy widget embedded on the project’s website using either crypto or bank card. 

Tokens can also be put to work through Best Wallet’s presale staking program, which offers a 102% APY.

Investors that want to secure the best presale deal will want to act fast, because BEST’s price will increase as the ICO progresses. The next price hike is scheduled to take place in around 41 hours.

Visit the official Best Wallet website to learn more.

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