Chainlink has flashed some immense signs of strength throughout the past few days, with the cryptocurrency rallying towards its $12.00 resistance as its price continues seeing immense upwards momentum. This strength also comes as the aggregated altcoin market begins showing signs of strength, with buyers sending Ethereum’s price flying higher …
Read More »Chainlink Shows Signs of Weakness, But Development Activity is Bullish
Chainlink has been showing signs of weakness throughout the past few days, but this trend may be shifting as the cryptocurrency rebounds today alongside Ethereum and other major altcoins. The introduction of Ethereum 2.0 – with a scheduled release in December – is the event that is driving this rally. …
Read More »3 Major Reasons Why Chainlink (LINK) Could Fall by 25%
As a startup, Chainlink solves a significant obstacle that concerns transferring data between blockchains and the real world. The protocol, whose origins date back to September 2014 – a period when half of the world have not even heard about blockchains and Bitcoin, offered a solution that enables independent data …
Read More »Analysts Think Chainlink (LINK) Is Primed to Rocket Toward $13
Like many other altcoins, Chainlink (LINK) faced a strong correction in September and October after the summer highs were set. From its summer high and all-time high of $20, set in the middle of August, LINK corrected more than 50%, bottoming around $7. As of this article’s writing, Chainlink trades …
Read More »Charted: Chainlink (LINK) Signaling Bearish Continuation Below $9.8
Chainlink (LINK) started a sharp decline from the $11.60 resistance zone. The price is now trading well below $10.50 and it seems like the bears are aiming a test of the $9.00 support. Chainlink token price started a major decline after it failed to clear the $11.60 resistance against the …
Read More »Chainlink Could Soon Rally Towards $13.60 as Bulls Build Strong Support
Chainlink has been closely tracking Ethereum’s price action as of late, with investors trading altcoins like LINK largely based on the movements seen by ETH. This has made ETH essentially a benchmark index for altcoins, with its overnight plunge following an attempted rally yesterday striking a blow to many alts …
Read More »Despite 50% Drop From $20 Highs, Chainlink Whales Remain Bullish
Chainlink (LINK) has undergone a strong rally since the lows set in September. The price of the leading cryptocurrency currently trades for $11.50. LINK is up 3% in the past 24 hours, outperforming Bitcoin, XRP, Binance Coin, and a series of other top altcoins. Even still, LINK is trading just …
Read More »Bullish Trend: Chainlink’s Top Investors are Accumulating at a Rapid Pace
Chainlink’s price action has been rather lackluster as of late, with its price lacking a clear trend as it consolidates alongside Ethereum and the rest of the crypto market. However, there’s a strong possibility that this will soon shift as Bitcoin’s ongoing uptrend will eventually lead to a capital rotation …
Read More »Chainlink’s Parabolic Trendline is Intact, But Analysts Fear a Breakdown
Chainlink has been struggling to gain momentum over the past couple of days, with the ongoing bout of capitulation within the altcoin market, creating far-reaching shockwaves that have impacted LINK. The crypto is now struggling to hold above its $11.00 support level, and some analysts believe that it could be …
Read More »Charted: Chainlink (LINK) Prints Bearish Pattern and It Could Revisit $10.20
Chainlink (LINK) started a sharp decline after forming a head and shoulders pattern (as discussed in the previous analysis). The bears are gaining strength and aiming a test of $10.20. Chainlink token price started a fresh decline after it failed to clear the $12.50 resistance against the US dollar. The …
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