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<a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=crypto.news&amp;utm_content=104"></a> 
Chainlink (LINK) is a decentralized oracle network. Though prices have been volatile, LINK recently pushed past $20. Amid this drive, <a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=crypto.news&amp;utm_content=104">GFOX</a> is also drawing attention ahead of its retail launch. 
<h2 class="wp-block-heading" id="chainlink-price-analysis">Chainlink price analysis</h2> 
Chainlink is a decentralized oracle network designed to bridge the gap between smart contracts on blockchain platforms and data sources. 
The network has connected many smart contracts to off-chain data feeds from different APIs since launching.&nbsp; 
LINK is down from its all-time high of $54.40. However, traders are confident after the recent break above $20.&nbsp; 
 You might also like: <a href="https://crypto.news/chainlink-up-35-in-3-days-amid-upcoming-staking-v0-2/"> Chainlink up 35% in 3 days amid upcoming staking v0.2 </a> 
Many technical analysts have hinted that Chainlink’s price movement is building a bullish momentum. 
While there may be short-term volatility and potential resistance below the 20-day simple moving average (SMA), these analysts are positive that the token will remain bullish. 
According to them, the daily SMA and exponential moving average (EMA) indicators suggest the token’s potential buying pressure and subsequent price increase, especially if it maintains its new resistance level above $20. 
The immediate target is $50 but some analysts believe $30 is a reasonable level bulls should be looking at. So far, LINK’s Network Value to Transactions (NVT) ratio shows that it is undervalued–a net positive. 
<h2 class="wp-block-heading" id="gfox-prepares-to-launch">GFOX prepares to launch</h2> 
The <a href="https://galaxyfox.io/?utm_source=web&amp;utm_medium=pr&amp;utm_campaign=crypto.news&amp;utm_content=104">Galaxy Fox</a> presale was in ten stages. This allowed investors to get exposure before GFOX lists on mainstream exchanges. 
Presently, investors have bought 90% of the allocated tokens as of stage eight of the presale round. 
Investors have shown great interest in GFOX for several reasons. 
 You might also like: <a href="https://crypto.news/trump-fever-pushes-maga-gfox-is-up-300/"> Trump fever pushes MAGA; GFOX is up 300% </a> 
The token has growth potential, attracting investors. So far, GFOX prices have been steadily rising. 
GFOX plans to list on leading exchanges like Binance, Uniswap, and Coinbase. 
The platform also offers a range of utilities and features. 
These include a play-to-earn Web3 game, a staking platform, token burn features, and NFTs. 
<h2 class="wp-block-heading" id="final-thoughts">Final thoughts</h2> 
LINK is bullish, surging past $20. Supporters are targeting all-time highs of around $55. Meanwhile, investors are looking at GFOX ahead of its retail launch. The GFOX presale is in progress, trading for $0.00278. 
 Read more: <a href="https://crypto.news/wif-and-sol-surging-gfox-aims-to-top-meme-coin-list/"> WIF and SOL surging; GFOX aims to top meme coin list </a> 
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Chainlink breaks $20, GFOX prepares for retail launch

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