Chainlink’s LINK Skyrockets 13% as Mastercard Deal Ignites Rally in Crypto Comeback
Chainlink's native token LINK just pulled off a 13% moonshot—and Mastercard's stamp of approval lit the fuse.
Oracle giant meets payments titan
When traditional finance heavyweights start playing with crypto's plumbing, markets notice. Mastercard's partnership taps Chainlink's decentralized oracle network to bridge real-world assets with blockchain—proving even legacy players want a piece of Web3's action.
Catching the recovery wave
The surge rides broader crypto market momentum, with LINK outperforming as institutional FOMO returns. Because nothing revives 'number go up' theology like a blue-chip endorsement—even if Wall Street still can't decide whether to regulate or replicate decentralized tech.
Another day, another 'partnership' pumping altcoin prices while VCs quietly exit. But hey—this time it's *actually* Mastercard.
Technical Analysis
- LINK formed a clear uptrend with higher lows and higher highs, breaking through key resistance at $12.50 on substantial volume.
- Strong support established at $12.85-$13.00, confirmed by multiple tests with above-average volume.
- Momentum indicators suggest continued bullish sentiment with potential for further upside.
- Traders should monitor the $13.30-$13.35 resistance zone where recent profit-taking occurred.
