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Chainlink Downtrend Could Continue Toward New Lows Despite Record Rebound

Chainlink recently saw a record-breaking rebound, closing an intraday rally with more than 30% gains on the day. The recovery kept climbing but has since turned around at the top of a downtrend channel that thus far has been holding. Will the downtrend take the cryptocurrency lower? And what other factors back up any theories […]

Chainlink is “On the Horizon” of Making a Massive Push Higher

Chainlink has seen some mixed price action in recent weeks, with the cryptocurrency’s price plunging as low as $10.00 and facing another rejection around $12.00. This price action has primarily favored sellers, as the inability for it to make a sustained push off of its support around $10.00 seems to point to some underlying weakness […]

This Chainlink (LINK) Fractal Predicts the 50% Correction Is Over

Chainlink has experienced a strong correction over the past few days as Bitcoin and Ethereum has dropped. The leading cryptocurrency dropped over 50% from its all-time high around $20 to local lows around $9 in the span of a few weeks. The cryptocurrency has since bounced. According to CoinGecko data, LINK now trades for $11.50, […]

Link’s Trading Volume on Coinbase Surpasses That of Bitcoin

Chainlink’s link token, driven by the increased popularity of decentralized finance (DeFi), has surged past bitcoin, becoming the most traded cryptocurrency of the past 24 hours on Coinbase Pro, the biggest crypto exchange in the U.S., the Coindesk reported on August, 9. Link’s 24-hour trading volume on Coinbase Pro is $163 million – nearly 70% […]

Top Crypto Chainlink to Go Into Price “Orbit” Should $4 Price Region Hold

Like Bitcoin and other crypto assets, Chainlink (LINK) has been on a remarkable rally since the lows. The leading cryptocurrency this week hit a high of $4.20 — up 170% from the lows of March 12th — per data from Tradingview. LINK has only held above $4.00 for a short period of time. But a prominent analyst […]