Litecoin rose marginally higher to start the week, despite cryptocurrency markets mostly trading lower on Monday. The global crypto market cap is down 0.15% at the time of writing, as volatility remains high. Chainlink also moved higher in today’s session.

Chainlink rose to a six-month high in today’s session, as crypto markets moved back into the green on Tuesday. Markets were buoyant following stronger than expected Chinese growth data, with the global market cap up 0.45% as of writing. Litecoin also climbed, hitting a two-month high in the process.

Despite experiencing price fluctuations over the past few weeks, Chainlink (LINK) has seen a 20% uptick in the last 30 days. However, the weighted sentiment around LINK, as measured by Santiment, was negative at -0.781 at the time of writing, indicating the average aura around the token was not necessarily bullish. Nonetheless, technical indicators suggest that LINK may attempt to maintain an upward trend, with the On-Balance-Volume (OBV) standing at 233.86 million and the Chaikin Money Flow (CMF) crossing above zero. On-chain data also suggests that LINK is currently priced at a discount based on the Network Value to Volume (NVT) signal, which historically has acted as an opportunity to accumulate and buy. (ambcrypto)

Cardano moved to a six-week high on Friday, as consumer sentiment in the United States fell by more than expected. The University of Michigan’s monthly report fell to a reading of 62 in March, lower than the 63.2 sum markets were expecting. Chainlink also climbed, breaking out of a key resistance level.

Chainlink (LINK) has seen significant gains in the last few days, with a 4% increase in the past 24 hours. This rise has helped LINK recover from its weekly losses. Currently, the altcoin is sitting on a crucial support level below a significant price barrier.

GoArt Metaverse has integrated with Chainlink VRF on Polygon mainnet to provide users with a secure and fair distribution of NFTs. The partnership will provide a secure and auditable source of randomness for the fair distribution of NFTs for GoArt users, and ensure fairness and transparency in drops. GoArt is an AR-based metaverse developer that bridges the real world and the virtual universe, while Chainlink Verifiable Random Function (VRF) is a random number generator for blockchain applications. The platform aims to make community-based platforms and help brands understand the Web3 space as a whole ecosystem.

Monero climbed for a third consecutive session on Thursday, as the token moved marginally closer to a six-week high. This rise in price comes despite the fact that the global market cap mostly consolidated, and is trading just 0.50% higher as of writing. As for LINK, chainlink bulls have so far failed to break out of a key resistance point.

Chainlink [LINK] has been witnessing a constant decline in its number of holders lately. Dune’s data revealed that the daily number of wallets with 1+ LINK has been on a declining trend for months. 

Steadefi takes the opportunity of coming out with its official announcement of linking up with the Chainlink BUILD program. Through this, they will be in the position of being able to better connect with the absolute new-age Chainlink Web3 services.

At press time, Chainlink [LINK] appeared poised for a rally in the coming days, as an assessment of price movements on the daily chart revealed an increase in buying momentum.