Tag Archives: LINK

As Bitcoin struggled to cross its 4-hour 20-SMA, Cosmos, Chainlink, and Gala continued to flash bearish near-term technicals. After a huge spike in selling volumes, Chainlink had to defend the $15.16-zone to prevent a further breakdown. Cosmos and Gala’s RSI saw reversal patterns while their prices still swayed below the 20-50-200 SMA. Cosmos (ATOM) AfterContinue reading “Cosmos, Chainlink, GALA Price Analysis: 24 January”

While Bitcoin struggled to counter its 4-hour 20-SMA, Avalanche, Chainlink and Curve DAO token flashed oversold RSIs. Their near-term technicals continued to flash a bearish edge. but is that it? Avalanche (AVAX) After hitting its three-week high on 22 December, the alt steadily declined by marking lower peaks. It saw a 37.58% retracement and testedContinue reading “Avalanche, Chainlink, CRV Price Analysis: 19 January”

2021 was the year that decentralized finance (DeFi) truly took the cryptocurrency industry by storm, as several new protocols and trading platforms emerged on Ethereum-like Layer 1s. Another trend that could be seen emerging within the smart contract platforms upon which these applications are built was the integration with the decentralized oracle network, Chainlink. TheContinue reading “Is Chainlink the special ingredient behind these altcoin rallies”

The broader market saw a decent recovery over the past few days. However, the bulls were still not in a position to alter the general perception as the ‘fear’ sentiment only worsened. After a double-bottom breakout, Avalanche reversed from the $96-zone. While the buyers tried to step in, the ADX displayed a weak directional trendContinue reading “Avalanche, Terra, Chainlink Price Analysis: 16 January”

As the overall market recovery is slowly creeping in, altcoins like Chainlink too are looking at some sort of profits. But as enticing profits draw in new investors, certain other factors also hint towards a future where they might not gain returns as high as they might be expecting. Chainlink on thin ice? For anyContinue reading “Chainlink investors witness first profits in two months, but how long will it last”

After poking its seven-week high on 11 January, Chainlink formed a bearish divergence with its 4-hour RSI.  Contrarily, Fantom saw a V-shaped recovery after flashing bullish near-term technicals. MANA also displayed a bullish bias after crossing its 20/50 SMA but could not back it up on increased volumes. Chainlink (LINK) Since the up-channel (yellow) breakdownContinue reading “Chainlink, Fantom, MANA Price Analysis: 12 January”

With the larger market including Bitcoin and most large-cap alts looking rather calm Chainlink’s 7.93% daily gains raised a considerable amount of attention for the 19th ranked altcoin. Of the top 20 coins by market cap, Chainlink had the highest daily gains as LINK’s trajectory was in a five-day rally.  At press time Chainlink tradedContinue reading “A recovery can push Chainlink towards a new ATH, provided…”

While Bitcoin still struggled to cross the $47,000-mark, Ethereum managed to breach the $3,766-level. Chainlink and Helium mark exponential gains and reclaim their lost supports. Also, Tezos saw an up-channel trajectory but faced resistance at the golden Fibonacci level. Chainlink (LINK) Since the up-channel (yellow) breakdown on 3 December, LINK bulls retested the $22.42-level fourContinue reading “Chainlink, Tezos, Helium Price Analysis: 05 January”

While the broader market struggled to ramp up a convincing rally to alter the bearish trend, Solana continued to show range-bound oscillation tendencies. Ethereum, however, crossed the $3,766-mark but still could not gather enough volumes. On the Other hand, Chainlink’s near-term SMA crossed its 50-200 SMA, indicating a strong bullish vigor. Ethereum (ETH) After aContinue reading “Ethereum, Solana, Chainlink Price Analysis: 04 January”

As the broader market slightly improved over the past day, Chainlink crossed the $20.86-mark after depicting a marginal bullish preference. Further, VeChain headed to test its immediate resistance but failed to gather enough volumes.  EOS rose above its 20-SMA and now found an immediate hurdle at the 50-SMA and its RSI resistance. Chainlink (LINK) AfterContinue reading “Chainlink, VeChain, EOS Price Analysis: 02 January”

Chainlink, being a unique blockchain in the crypto space, witnesses significantly higher adoption in comparison to other chains. Unfortunately, its price action isn’t performing as well and its effect on investors is becoming apparent. Chainlink on a downtrend Far from an all-time high, Chainlink over the course of the last 2 months has instead madeContinue reading “There may be hope for Chainlink going into 2022, despite drawdown”

The last week marked a reasonable recovery while Ethereum and Chainlink poked their two-week highs on 24 December. Ethereum seemed to hold the $4,000 mark and now strove to test its immediate resistance. SAND touched its three-week high on 26 December after forming a rising wedge (reversal) pattern. Ethereum (ETH) Over the past nine days,Continue reading “Ethereum, SAND, Chainlink Price Analysis: 26 December”