Tag Archives: LINK

After observing an inverse head and shoulder breakout in May, the bears have constricted buying rallies in the $9.29 region for nearly three months. While the price kept traversing below the four-month trendline support (previous resistance), the sellers kept finding fresher multi-monthly lows until mid-June. The past month, however, signified a solid buying comeback asContinue reading “Chainlink [LINK] traders can leverage this pattern’s break profitably”

LINK was up almost 60% from its lowest point in July and roughly 27% in the last days on 10 August. However, at the time of writing, it was fast approaching an important resistance level that might disrupt LINK’s latest upside. LINK traded at $9.17 at press time after extending its upside by 4.94% inContinue reading “Chainlink: Key info for LINK holders to avoid potential losses”

LINK, the native token of the leading oracle network, Chainlink, has seen tremendous growth since the beginning of July. In fact, according to Santiment, the altcoin’s price has rallied by over 41% since 1 July. Since the end of June, the total percentage of the circulating supply of LINK in known exchanges has declined. SuchContinue reading “Signs of life? LINK’s dormant addresses could have this role to play now”

In its latest ‘Adoption Update,’ Chainlink informed its users of a series of integrations of some of its products between 25 and 31 July. According to the update provided, Chainlink closed the month with 14 more integrations of four of its services – Chainlink Data Provider, Chainlink Keepers, Chainlink VRF, and Chainlink Price Feeds –Continue reading “Chainlink: Why price, network activity moved in opposite ways”

Chainlink is considered to be one of the safer assets when it comes to investment. This is because of its use cases. But with the decline in price, those use cases are not enough to keep the boat afloat. And, the investors are now realizing it. Chainlink needs a hand Falling by 10.45% in theContinue reading “Are Chainlink’s 15.45k investors destined for destitution”

The crypto market had quite an interesting week which started off with some uncertainty associated with market data. However, a mid-week rally ensued and LINK is among the cryptocurrencies that jumped on the bullish bandwagon. LINK kicked off the week with a bit of a bearish pullback before embarking on a strong rally. Its priceContinue reading “LINK rallies by 30%, breaks out of a key resistance level to trade with the bulls”

In its latest ‘Adoption Update,’ the well-known oracle network, Chainlink, informed its users of a series of integrations of some of its products. These integrations were seen across various chains between 18 and 24 July. According to the update provided, Chainlink recorded 11 integrations of three of its services – Chainlink Keepers, Chainlink VRF, andContinue reading “Did Chainlink’s [LINK] integrations fail to affect its price moves”

LINK holders have been on quite the rollercoaster of a ride during the 2022 bear market. And, especially, towards the bottom (so far). Its price has been characterized by up and down price movements that are a swing trader’s dream come true. However, its performance in July has been relatively subdued, but could this beContinue reading “Chainlink [LINK] can aim for near-term recovery with these metrics”

After following the Bitcoin [BTC] resurgence for a few days, Chainlink [LINK] is back at lower levels. At press time, LINK was trading at $6.83, a 7.07% drop from the previous day’s price. Before this, LINK had moved from $6.20 to $7.51 within the period 16 July to 20 July. As of 20 July, itsContinue reading “Chainlink [LINK]: Short-term investors could do this to avoid losses”

Chainlink [LINK] has always been touted as one of the safer investment options. The credit for this goes to its unique features. It’s important to note that Chainlink is not immune to the effects of broader market drawdown. Surprisingly, in a recent development, whales took a different direction than the investors as the market flippedContinue reading “Chainlink: Assessing why whales stood stock-still amid recovery”

In its latest Adoption Update, Chainlink, the widely used oracle network, informed its users of a series of integrations. These were primarily seen across various chains between 11 July and 17 July. According to the same, Chainlink noted 16 integrations of four of its services across seven different chains. These included Avalanche, BNB Chain, Ethereum,Continue reading “Chainlink: This is the true impact of this week’s integrations on LINK”

Chainlink’s [LINK] previous revival tested the $6.7-level before giving into the near-term bearish inclinations. As a result, LINK devalued in a down-channel (yellow) toward its multi-weekly lows in the $5.9 region. While the buyers find a break above the near-term EMAs, the immediate outlook for the alt favored the bulls. But looking at the rejectionContinue reading “Chainlink [LINK] traders can profitably navigate through this pattern”