Biggest Movers: LINK Hits 6-Week High, UNI up 16% on Tuesday – Market Updates Bitcoin News

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LINK climbs to 6-week high, following six days of consecutive gains.

Chainlink hit a six-week high during Tuesday’s session, as the token rose for a sixth consecutive session. The move saw the token rally past a key resistance level in the process. Uniswap was also in the green, with prices climbing by as much as 16% earlier in the day.Chainlink rose for a sixth straight day on Tuesday, which took the token to its strongest point since mid-August.

Tuesday’s top is the highest mark that chainlink has hit since August 17, days after a failed breakout from the $9.50 level.Looking at the chart, today’s price surge came after a successful move beyond a ceiling of $8.05. As a result of today’s move, uniswap is now trading near a ceiling of $6.70, which has historically been a point of contention.Earlier gains have somewhat eased as the day has progressed, and as of writing the token is trading at $6.61.

 

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