In the past 24 hours, the price of Chainlink has decreased by 0.7%. It's price has risen by 8.7% in the last 7 days. The current price per LINK is $31.06 AUD. There is a current circulating supply of 538,099,971 LINK.
The interactive chart presented here illustrates the price of Chainlink (LINK) in Australian dollars (AUD). It provides a historical view of Chainlink’s value, allowing users to analyze its performance from the early days of the network. Customisable timeframes enable in-depth examination of daily price shifts, catering to both novice and experienced traders.
Candlestick charts are an essential tool for anyone delving into the world of cryptocurrency trading. These charts offer a detailed visualisation of Chainlink’s daily price movements. By learning to interpret these charts, traders can gain insights into market trends and make informed decisions.
For a comprehensive understanding, our Swyftx Learn portal offers an extensive guide on interpreting candlestick charts.
Chainlink’s market price, like that of many digital assets, is subject to fluctuations. These changes are influenced by diverse factors such as market sentiment, technological advancements within the Chainlink ecosystem, and general trends in the cryptocurrency market.
Chainlink has made a mark in the crypto world with its innovative approach to decentralised oracle networks. This unique feature has not only contributed to its utility across various blockchain applications but also influenced its market value. For instance, significant collaborations or technological milestones in Chainlink’s development often lead to noticeable market reactions.
It’s important to acknowledge the inherent volatility in the crypto market and the unique position Chainlink holds within it. Investors are advised to stay informed and consider the dynamic nature of cryptocurrency markets when making investment decisions.