Cryptocurrency News
In line with the recent higher high and higher low formation, Link found new support in the mid-week and gradually regained momentum on a daily scale. This increase could lead to a breakout of a falling channel. The past two months of trading have brought notable increases in Link’s price […]
After respecting a channel’s lower boundary with a sharp bounce last month, Chainlink resurged three weeks ago and sustained pressure near a two-month resistance, where a key breakout is likely to occur soon. The past month has been a relief in the market as bears took a break in selling. […]
Recently, Chainlink unlocked 18.75 million $LINK tokens (valued at $215 million) from its non-circulating supply contracts. Of this amount, 18.125 million $LINK ($208 million) was transferred directly to Binance, while 625,000 $LINK ($7.18 million) was sent to a multisig wallet, 0xD50f. This unlock follows Chainlink’s established pattern of releasing tokens […]
The past week has been a period of relief across the crypto space as Chainlink posted 15% gains after locating new support. However, it currently appeared weak as it looks poise for drops daily. Link closed last month on a bearish note after a strong recovery from an 11-month low. This […]
Chainlink (LINK) is experiencing its highest level of social media discussion in 2024. This surge in engagement, combined with a drop in the total number of holders, could signal positive potential if market conditions stabilize in the coming week. Currently priced at $10.22, LINK has dropped 18% since reaching a […]
The number of active $LINK addresses has surged to its highest level since May, coinciding with a significant outflow from exchanges. This suggests a trend of accumulation during a period of market turbulence. The number of active $LINK addresses has reached its highest level since May. Interestingly, this surge occurred […]
Chainlink’s (LINK) supply on exchanges has significantly decreased, dropping from 23.0% to 21.4% over the past 30 days. This notable reduction mirrors a similar decline observed between September 15 and October 14, when LINK surged by 123% over the subsequent four weeks. 🔗🧐 Chainlink's supply on exchanges has dropped from […]
Chainlink’s key stakeholders, those holding between 10,000 and 1 million LINK, have been in a significant accumulation phase during the recent market downturn. Since June 24th, these stakeholders have added a substantial 9.2 million LINK to their collective holdings, representing a 4.65% increase. 🐳📈 Chainlink's key stakeholders with 10K-1M coins […]
This month, Chainlink underwent another downturn after staying above key support since the start of the year. It recently bounced off and is now showing signs of strength daily following the latest market recoveries. Following past weeks of drops, which led to a significant breakdown of a key support level […]
Chainlink ($LINK) has seen significant accumulation by whales, who have snapped up over 6.2 million $LINK tokens this past week, totaling approximately $76.88 million. #Chainlink whales have snapped up over 6.2 million $LINK this past week, totaling approximately $76.88 million! pic.twitter.com/Hats1Nmsny — Ali (@ali_charts) July 8, 2024 Data from Lookonchain […]
Despite the stock market reaching new highs, Bitcoin and Ether have both declined over 10% from their yearly peaks. Other major cryptocurrencies such as Solana ($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 […]
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 (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 […]
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 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 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 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 […]
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 […]