Tag Archives: LINK

After coasting within the bounds of a down-channel for nearly a month, Chainlink [LINK] pierced through some critical price ranges in the last few weeks. In the recent bear run, the sellers kept sinking the resting grounds only to find fresher multi-month lows. Giving due importance to the existing market structure, the current candlestick couldContinue reading “Chainlink: Why holding this level will be key for a bull revival”

Bitcoin’s bounce from $38k has spurred many altcoins to see near-term bullish pressure as well. Chainlink was one such coin, while Solana also showed the possibility of a bounce. Cosmos faced strong resistance at $102. Solana (SOL) The Volume Profile Visible Range tool showed the Point of Control for SOL to lie at $102, basedContinue reading “Solana, Chainlink, Cosmos Price Analysis: 28 April”

Bitcoin has snapped from $38.2k to $40.6k and is back again at the $38k range in the past couple of days. This volatility has seen the altcoin market weave on the price charts as well. Dogecoin saw a sharp rally after multiple days of accumulation within a range. Litecoin, as well as Chainlink, continued toContinue reading “Dogecoin, Litecoin, Chainlink Price Analysis: 27 April”

Chainlink’s integration into other chains is not a new thing. In fact, most of the time, that is what triggers a bullish or bearish outlook for LINK, apart from the broader market cues. Of late, however, it seems like the same has not been happening. This could maybe change thanks to the chain’s recent efforts.Continue reading “LINK wants to save the environment; can it save its investors?”

As Bitcoin took a plunge below its 4-hour 20/50/200 EMA, the broader sentiment lurked back into the ‘extreme fear’ zone. A consequence of this event can be reflected in the slight bearishness of Chainlink, VeChain, and EOS’s near-term technicals. Chainlink (LINK) As the $11.7-level support has offered strong buying power for over a year, LINKContinue reading “Chainlink, VeChain, EOS Price Analysis: 24 April”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Last week, a close look at on-chain metrics suggested that investors could be losing faith in Chainlink. Mid-March had seen investors exit the market and on-chain transactions drop, yet the price of the token hadContinue reading “What LINK’s momentary bounce means for its downtrend”

Chainlink is one of the few altcoins which hasn’t marked a new all-time high (ATH) in almost a year. It is currently 73.39% down from its ATH in May 2021. Chainlink is overvalued While on the other hand, the coin’s Network value to transaction ratio is up by 365% from the same date. The valueContinue reading “Can LINK’s overvalued cost affect investors’ sentiment”

The crypto fear and greed index finally entered the ‘greed’ zone after over four months. Hence, Chainlink saw a jump above its 20/50/200 EMA while depicting an overbought position on its near-term technicals. Also, Ethereum Classic poked its four-month high on 28 March while its bulls needed to ensure the RSI equilibrium support. Moreover, Terra revealedContinue reading “Terra, Chainlink, Ethereum Classic Price Analysis: 28 March”

Chainlink, known to be a market leader in the blockchain oracle solution, became part of an alliance today which brings real-world implications of crypto into existence. While it has a great impact on the network on a developmental front, Chainlink’s investors might also benefit from this announcement. Chainlink for the people The Lemonade Foundation alongContinue reading “How Chainlink joining Crypto Climate Coalition DAO can trigger recovery”

Chainlink has had a good week in terms of development. The team announced the Chainlink Spring 2022 Hackathon scheduled to begin from 22 April, along with a slew of other integrations. But what stood out was its price action which registered a strong growth today. Chainlink saved from another dip LINK was among the bestContinue reading “A rally awaits for LINK thanks to these tailwinds”

Chainlink moved back above the $13.4 level, but it appeared that there were no strong buyers in the $13 area for LINK. This indicated that, despite the move to the upside in recent hours, the longer-term trend remains bearish for Chainlink. Avalanche attempted to break out of a descending channel, while The Graph posted newContinue reading “Chainlink, Avalanche, The Graph Price Analysis: 16 March”

Bitcoin faced resistance at $42,000 in recent hours. One might ask, where was it headed? How would the altcoin market react? Well, the near-term outlook for the market was bearish- the next couple of days could see some losses. Chainlink struggled to hold on to a support level. Chainlink (LINK) Chainlink had appeared to flipContinue reading “Chainlink, Ethereum Classic, Filecoin Price Analysis: 10 March”