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Chainlink (LINK) Surges 100% Since September as the Heavy Hitters Back Its Technology

Chainlink is up more than 100% since mid-September. The bullish sentiment behind it comes after a series of partnerships that show the true value of its technology. A renowned technical analyst says LINK could push for new all-time highs.

Chainlink, a decentralized oracle system, is making significant strides to push the adoption of its technology. The firm recently announced a number of partnerships that show the intrinsic value behind its native cryptocurrency, LINK.

Over the last few days, this cryptocurrency surged over 20% and now several technical indicators estimate a retracement before the continuation of the bullish trend.

Chainlink is up more than 100% since mid-September. | Source: TradingViewA Bridge to Blockchain Technology

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