Chainlink (LINK) started a fresh increase, but it struggled to clear the $11.00 resistance. There is now a risk of a sharp decline below $10.50 if there is no break above $11.00, the NewsBTC reported. Chainlink token price is struggling to gain momentum above $11.00 and $11.10 against the US dollar. The price is still […]
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Tag: Chainlink
Chainlink (LINK) Still Looks Good Despite Loss of Upward Momentum
Chainlink (LINK) has been one of the fastest-rallying coins over recent weeks. The leading Ethereum-based cryptocurrency underwent a strong bounce from its $7.75 lows to a recent high just shy of $12. This meant that from the lows, Chainlink gained over 45%, making it one of the top-performing coins from the September lows. LINK has […]
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, […]
Chainlink Seems Poised to Rebound, But These On-Chain Metrics Spell Trouble
Following a 157% bull rally throughout the first half of August that saw Chainlink hit a new all-time high of $20, this cryptocurrency entered a massive downtrend. As sell orders began to pile up, LINK took a 36% nosedive to reach a low of $12.8 on August 21. Over the past few days, however, the […]
Tezos XTZ Follows Chainlink to Hit New High — But Is $6 Now Realistic?
The price of Tezos is breaking new highs as targets of $6 are beginning to appear on the XTZ charts, the Cointelegraph reported. As Chainlink (LINK) reaches a new all-time high after all-time high, it would be expected to see a similar move on Tezos (XTZ). This is because these two coins have been moving […]
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% […]
Chainlink (LINK) Rally Could Extend To $10: Pullbacks Remain Supported
Chainlink (LINK) rallied more than 40% and traded to a new all-time high at $8.530 against the US Dollar. It is currently correcting lower, but dips are likely to find support near $7.200, the NewsBTC predicts. Chainlink token price extended its rally above the $7.500 and $8.000 resistance levels against the US dollar. The price […]
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 […]