Tag Archives: LINK

Chainlink established the $17.4 level as support and has tested it in search of buyers multiple times. Even though the price broke well beneath this level in the sell-off event of 4 December, it can be said that buyers have held this level of support pretty well. The momentum has now flipped in favor ofContinue reading “Chainlink sees shift in momentum but it must clear this key level to move upward”

While fear sentiment had deeply seeped in, it became tougher for the bulls to gather trend-altering volumes. As Dogecoin and EOS continued their bearish streak, Chainlink kept the near-term revival hopes alive for the bulls.   Dogecoin (DOGE) DOGE retraced most of its previous gain by noting a 21.9% fall in the last five days. ThisContinue reading “Dogecoin, Chainlink, EOS Price Analysis: 19 December”

Bitcoin briefly dipped to $45.5k in recent hours but pushed back above the $46.4k level, and altcoins registered some short-term gains following this dip. If Bitcoin has indeed reclaimed the lows of the range it has been in recent days, a move to $52k could be likely over the next week. Many altcoins, one exampleContinue reading “Bitcoin Cash, Chainlink, Cosmos Price Analysis: 18 December”

Chainlink as a unique decentralized oracle blockchain has been growing rapidly. Well, with virtually no competition in the market, its integration with multiple dapps, chains, and exchanges makes it appear as a lucrative investment. However, when it comes to investing in a real sense, it fails to deliver appropriately.  Chainlink and its expansion For anyContinue reading “Chainlink investors continue to HODL, thanks to these developments”

As the crypto market reached the $2.3T-mark, altcoins like Chainlink and Uniswap failed to uphold their multi-month-long resistance levels. These cryptos saw a swift decline after a rising wedge breakout.  On the other hand, AAVE marked a falling wedge while flashing mixed signs. Chainlink (LINK) LINK witnessed a rising wedge breakout on 9 December as theContinue reading “Chainlink, Uniswap, Aave Price Analysis: 15 December”

While the ADA, LINK, and TRX bulls were able to claw back to their long-term support levels, the onus fell on the market leader to change the broader sentiment.   Besides, Chainlink managed to cross the 38.2% Fibonacci resistance with a recent bullish push, but its near-term technicals (like Cardano) flashed a bearish bias.  Cardano (ADA)Continue reading “Cardano, Chainlink, Tron Price Analysis: 10 December”

While the market refrained from high volatility over the last day, Ethereum and Chainlink technicals hinted at a slight bullish bias. Ethereum managed to breach the 61.8% hurdle while Chainlink struggled to cross the golden Fibonacci level after forming a reversal pattern. On the other hand, VeChain continued its bearish movement.  Ethereum (ETH) King altContinue reading “Ethereum, Chainlink, VeChain Price Analysis: 9 December”

The crypto market witnessed one of its worst dips on 4 December. On that day, almost all the coins ended up shedding 20% to 30% of their value. While most of them continue to remain in their sluggish zone, a few have managed to bounce back. LINK is one of the few coins to haveContinue reading “Assessing the odds of Chainlink establishing an uptrend in the near future”

Over the past three days, bulls managed to recover nearly half of the value lost during the massive sell-off on 3 December. As a result, Dogecoin, Chainlink, and Ethereum Classic noted daily gains. However, they struggled to gather high trading volumes. While Chainlink bid adieu to its long-term bullish trend, Dogecoin bolstered its long-term downswing.Continue reading “Dogecoin, Chainlink, Ethereum Classic Price Analysis: 7 December”

As the fear sentiment kicked in, the market saw an enormous sell-off over the past day. This decline led to an invalidation of long-term bullish outlooks of several cryptos, depicting a superior bearish influence for a while now.  Altcoins like Chainlink and Ethereum Classic showed revival signs from their historical supports, but their trend andContinue reading “Chainlink, Ethereum Classic, Avalanche Price Analysis: 05 December”

After a substantial sell-off, most cryptos touched their multi-week lows on 28 November. Now, as the bulls try to negate the selling pressure, Solana and Chainlink registered double-digit gains over the past four days.  Enjin coin, on the other hand, after defying the market trend, registered a 24.6% weekly loss. Solana (SOL) SOL relished anContinue reading “Solana, Chainlink, Enjin coin Price Analysis: 2 December”

Ever since 2018, Chainlink has shared quite a good bond with Bitcoin. Whenever the king coin pumped, so did LINK. Similarly, whenever BTC lost value, LINK followed in its footsteps. Over the long term, having a strong correlation with Bitcoin is undeniably healthy. But, in the short term, especially during periods of downtrends, this factorContinue reading “The how, when, why of Chainlink hitching a ride with Bitcoin, to get to $40  “