Despite the stock market reaching new highs, Bitcoin and Ether have both declined over 10% from their yearly peaks. Other major cryptocurrencies such as Solana ($SOL), Cardano ($ADA), and Chainlink ($LINK) have experienced even steeper drops, each falling more than 25% from their recent highs. Despite the stock market reaching […]
Tag: ChainLink
CHAINLINK PRICE ANALYSIS & PREDICTION (June 20) – Link Bounces Off A Key Support But No Enough Volume To Sustain Pressure
Once again, Chainlink LINK bounced off a key support area after several failed attempts to break it since the start of the year. A continuous increase above this support should bring the bulls back into the market. Late last month, Chainlink ended a five-week retracement move with a multiple rejection […]
Chainlink Market Cap Surges 19% As Whales Take Profits Amid Bullish Trends
Chainlink (LINK) has experienced a significant surge, with its market cap climbing by 19% in the past 24 hours, decoupling from the broader altcoin market. This rally has brought the number of 100,000+ LINK holders to 564, marking a 4.6% increase in just five weeks. If social dominance remains stable […]
CHAINLINK PRICE ANALYSIS & PREDICTION (May 17) – Link Breaks Out Following A 17% Surge Overnight, Targets $17
After correcting by almost 50% in a month, Chainlink LINK found support and began to range until it located a key level on Wednesday. It initiated a surge and steadily increased until the price broke out of a range bound. The past month of trading has been indecisive for Link […]
Chainlink’s LINK Sees Price Slowdown Despite Recent Whale Activity
Chainlink’s native token, LINK, which demonstrated strong performance earlier this year, is currently experiencing a deceleration in its price momentum, with the cryptocurrency trading around $14.25. Over the past week, Chainlink (LINK) has witnessed a significant decline of -22%, followed by a monthly decrease of -25%. Despite this, the price […]
CHAINLINK PRICE ANALYSIS & PREDICTION (April 5) – Link’s Bears Mount Pressure After A Short Relief, Targets March’s Low
Chainlink has seen some substantial reduction in the past week, failing to provide a major discount. However, the price is currently weak as it gathers liquidity for a massive sell-off on the daily chart. Since Link rejected the $18.3 level, the price has been on a steady fall with no […]
CHAINLINK PRICE ANALYSIS & PREDICTION (February 26) – Link Bounces After Retesting Monthly Break Level, Not Strong Enough To Bring The Bulls Back
Chainlink slipped slightly this week from a brief consolidation phase but later found support after retesting the monthly breakup level as support. The price is now facing up, charging for a fresh increase on the day. After breaking out of an accumulation phase to touch $20.8 last week, Link traded […]
CHAINLINK PRICE ANALYSIS & PREDICTION (February 17) – Chainlink Pauses Buying After Increasing By 30% In Two Weeks, Incoming Retracement?
Since the price broke out of an accumulation face two earlier this month, Chainlink LINK has been struggling to increase but has managed to reach a significant milestone for the first time in two years. It currently appears calm on the daily. The recent monthly break out of an accumulation […]
CHAINLINK PRICE ANALYSIS & PREDICTION (February 8) – Link Faces Rejection After Breaking Out Of An Accumulation Phase, Pullback Lies Ahead
Chainlink recently broke out of an accumulation phase and is now up by 23% in seven days. It faced rejection and cooled off briefly. While the price remains strong, it may undergo a slight pullback to fuel a fresh increase. Following late January resurge from $13.3, Link climbed above the […]
Chainlink $LINK Token Surges To Yearly High Amidst Growing Investor Interest
The price of Chainlink’s ($LINK) token has surged to new heights, reaching $19 and marking a significant 7.22% increase over the past 24 hours, hitting a yearly peak of $19.54. This surge reflects the massive bullish momentum that LINK has been experiencing, with a remarkable 34% gain over the past […]
Chainlink $LINK, ImmutableX $IMX, And Pyth $PYTH Experience Significant Market Cap Growth
Chainlink, ImmutableX, and Pyth have all witnessed remarkable growth in market capitalization over the past week, with Chainlink surging by 34%, ImmutableX by 23%, and Pyth by 26%. The mainstream discussion surrounding these assets suggests that fear of missing out (FOMO) may drive high volatility in their prices. 📈🗣️ #Chainlink […]
CHAINLINK PRICE ANALYSIS & PREDICTION (February 3) – Link Breaks Out Of An Accumulation Phase, Sets For A New Rally
After months of accumulating above $13, Link broke out today and registered almost 25% gains in the past week. It appears set for a new rally and is likely to post more gains in the coming day. Link started to show signs of strength last week and later became strong […]
ChainLink ($LINK) Experiences Whales’ Conflicting Moves
As January draws to a close, the cryptocurrency market has shown signs of recovery after enduring several weeks of heightened selling pressure. ChainLink ($LINK) is among the tokens witnessing a slight rebound, inching closer to the $15 mark while experiencing a notable 39% increase in its 24-hour trading volume. However, […]
CHAINLINK PRICE ANALYSIS & PREDICTION (January 25) – Link Remains In A Tight Range, Gathering Volatility For A Big Move
Chainlink appeared weak across the major timeframe but the price is still within a tight range after two months’ trading. The price will remain trapped in the range until a breakout occurs. Down 10% in a month. Despite the ups and downs in the past two months, Link is trading […]
CHAINLINK PRICE ANALYSIS & PREDICTION (January 22) – Link Recovers From Recent Low As It Forms Bullish Pattern on Hourly, Where Next?
Link saw a notable recovery today and returned 6% profits in the past hours. It has held yesterday’s low as support and quickly bounced back. The bulls seem to be stepping back with a surge on the 4-hour chart. Towards the end of 2023, Link’s price topped out at $17.6 […]
Whales Seize Opportunity To Accumulate Ethereum ($ETH) And ChainLink ($LINK) During Market Dip
The recent downturn in the cryptocurrency market, particularly impacting Ethereum (ETH) and ChainLink (LINK), has witnessed both tokens experiencing a dip, with ETH falling below the $2500 mark and LINK slipping below $15. Over the past 24 hours, ETH and LINK have seen losses of 3% and 4%, respectively. Interestingly, […]
Chainlink (LINK) Shows Signs Of Revival With Recent Surge
Chainlink (LINK) is demonstrating potential signs of a revival, overcoming recent challenges in the market. Over the weekend, LINK experienced a noteworthy breakthrough, reaching $15.82 for the first time in two weeks. A particularly significant aspect of this resurgence is the fact that exchanges now hold less than 15% of […]
CHAINLINK PRICE ANALYSIS & PREDICTION (January 14) – Link Faces Rejection After Slight Bounce, Sets For Another Leg Down
Following recent breakdowns of key support levels, Link bounced back a bit but finds it difficult to push above the $16 level. It initiated another leg down this week, aiming a lower price levels in the upcoming week. In late December, Link initiated a drop after failing to increase above […]