Chainlink (LINK) price is trading around 30% higher this week after exploding nearly 13% on Monday. However, a key metric is pointing towards a reversal, which may have already started today. Fundamental analysis: MVRV at an all-time high Chainlink has achieved outstanding results in terms of adoption over the past few weeks. Chainlink’s leading product, the oracles, are being used at some of the notable companies blockchains in the industry. As a result, the success with oracles has boosted the LINK’s price. Still, one of the core on-chain metrics indicates that LINK’s outstanding rally may be unsustainable in the long-term.
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