Tag Archives: LINK

LINK price has increased consistently in the past, when Bitcoin price has dropped or remained rangebound. LINK was trading at the $27.22 level and the number of sending addresses has dropped in the case of LINK based on data from Glassnode. Based on the above chart, the number of sending addresses has dropped. Additionally, despiteContinue reading “What Chainlink’s drop in popularity means for its price”

Chainlink has been seeing an outstanding 2021. And yet, it is not blowing the competition out of the water like it did in 2020. The crypto-asset has risen by more than 200% since the start of the year, but its position in the market is now outside the top-10. With respect to development as well,Continue reading “Why you should be wary if you’re a Chainlink investor”

Since Bitcoin retraced by 7% and dropped down to $36,000 once again, a wave of selling pressure was evident across the broader cryptocurrency market. The likes of Chainlink, Cosmos, and Aave each fell by over 10% and eyed certain support levels on their respective charts. Chainlink [LINK] Chainlink’s ascension was stalled at the $32.5-resistance levelContinue reading “Chainlink, Cosmos, Aave Price Analysis: 04 June”

Chainlink connects enterprises with blockchain, giving the world a real use case of hybrid smart contracts for both DeFi and institutions. At a time when most DeFi and smart contract applications exist without users and use-cases, LINK differentiates itself, both in application and as a rewarding DeFi project to HODL/ invest in. The price wasContinue reading “How will these 2 features for Chainlink affect traders’ returns?”

Litecoin and Chainlink were yet to break above key resistance areas but bullish strength was accumulating in their markets. Up the crypto ladder, Binance Coin required to flip 38.2% Fibonacci level ($402) to initiate a price rally. Litecoin [LTC] A look at Litecoin’s daily chart showed that selling pressure was yet to fully dissipate inContinue reading “Litecoin, Binance Coin, Chainlink Price Analysis: 01 June”

LINK has rallied consistently for the past week and the price is at the $29.79 level, up by 7% in the last 24 hours. Despite a slow but steady increase in price, trade volume was up 22% in the past day. The price was still 43% away from its ATH of $52.88. The altcoin isContinue reading “Chainlink’s path to $50: Here’s the why, how, and when”

THETA’s rally lacked conviction to break above $8.14-resistance. Chainlink remained below its EMA Ribbons and finally, Uniswap headed north towards strong resistance zones between $29.6 and 32.6. THETA Supertrend Indicator on THETA flashed a ‘sell signal’ at the current price. This was hardly a surprise as bear market conditions were still evident on THETA’s 12-hourContinue reading “THETA, Chainlink, Uniswap Price Analysis: 31 May”

After Bitcoin attempted to reclaim the region above $35,000, the broader cryptocurrency market trimmed losses over the last 24 hours. Alts such as Chainlink, Litecoin and MATIC bounced back from certain support levels and looked to post some gains moving forward. Chainlink [LINK] Chainlink traded close to $23.7-support at the time of writing- a defensiveContinue reading “Chainlink, Litecoin, Matic Price Analysis: 30 May”

With Bitcoin struggling to reclaim $38,000 at the time of writing, the global cryptocurrency market was left in a precarious position. The likes of Chainlink, Synthetix, and Uniswap moved sideways and awaited stronger cues from the king coin. Chainlink [LINK] The hourly timeframe for Chainlink showed some sideways movement over the past few hours. Interestingly,Continue reading “Chainlink, Synthetix, Uniswap Price Analysis: 29 May”

While several altcoins were making a comeback, many of them corrected somewhat after they rallied over the past 24 hours. The same was underlined by other metrics, including HODLer composition, profitability, trader sentiment, and social volume. Interestingly, the social volume for top altcoins like DOGE, CAKE, ETH, SHIB, MATIC, and ADA has increased consistently lately.Continue reading “This metric could lead the way for Chainlink, Binance Coin, CAKE”

With Bitcoin’s dominance back above 42% at press time, the question being posed to most crypto-traders is why did crypto-bears ignore the $1 trillion drawdown over the past weekend? Now, closing in on the upcoming weekend, the question gets even more real. Both Bitcoin and top altcoins’ market capitalizations, at press time, were on theirContinue reading “BNB, LINK, and ADA: What could change the HODLing pattern for these alts?”

After Bitcoin retraced towards $36,000 on the back of yet another failed breakout attempt above $40-42k, the broader market noted selling all across the board. The likes of Chainlink, Ontology, and IOTA threatened to drop back to levels seen during the initial crypto-dump on 20 May. Chainlink [LINK] Chainlink’s recovery over the past few daysContinue reading “Chainlink, Ontology, IOTA Price Analysis: 28 May”