Cardano moved to a six-week high on Friday, as consumer sentiment in the United States fell by more than expected. The University of Michigan’s monthly report fell to a reading of 62 in March, lower than the 63.2 sum markets were expecting. Chainlink also climbed, breaking out of a key resistance level.

Cardano (ADA) surged to a six-week high in today’s session, as markets reacted to the latest University of Michigan consumer sentiment report. Sentiment in the United States fell to a reading of 62 in March, from a final sum of 67 the month prior. ADA/USD surged to a peak of $0.4025 earlier in today’s session, following a low of $0.3709 on Thursday.

Chainlink (LINK) rebounded from Thursday’s losses in today’s session, with the token climbing by as much as 5% Following a low of $7.17 yesterday, LINK/USD raced to an intraday high of $7.65 on Friday. As a result of the rally, chainlink once again moved above its long-term resistance at $7.55, hitting a one-week high in the process.

(by Eliman Dambell)