Tag Archives: LINK

The current altcoin season which kicked off with Dogecoin’s price rally may have slowed down for now. Altcoins like ADA, BCH, LTC, ETH, LINK and VET are currently offering double-digit gains when compared to last week’s prices. The growing interest in altcoins across exchanges is the key factor driving the prices. The other factor isContinue reading “Cardano, BCH, LTC, ETH, Chainlink and VET: Watch out for this sign when it comes to alts”

Chainlink was projected to dip towards $45.6 on the back of selling pressure. Monero needed to defend $440 to avoid a bearish U-turn. Ethereum flashed several red signals that indicated an incoming correction. Chainlink [LINK] While Chainlink did break north from a down-channel as predicted in a previous analysis, gains were limited at the $50-markContinue reading “Chainlink, Monero, Ethereum Price Analysis: 08 May”

Aave needed to defend $430-support from an extended sell-off. Chainlink traded within a down channel and a bounce back from $45.6-44.2 could lead to a northbound breakout. Finally, Litecoin’s uptrend needed some stabilization to continue its trajectory. Aave [AAVE] Buyers stepped in around $310-315 and drove Aave’s value by over 60% between April 25 andContinue reading “Aave, Chainlink, Litecoin Price Analysis: 07 May”

LINK’s price has consistently increased over the past 2 weeks. The price was at the $47.40 level, after a 33% gain in the past week. Despite dropping to the twelfth position in terms of market capitalization, LINK’s framework development and maturation of the ecosystem signal a bullish sentiment. There have been several individual use-cases fuelledContinue reading “Chainlink’s price action: here’s what the alt is poised for in the coming weeks?”

Monero needed to defend $388 from bearish pressure and this would lead to a breakout above $440. Klaytn’s recovery was restricted below $2.6, while Chainlink was projected to break north from its pattern and head towards $49. Monero [XMR] Since the last week of March, Monero has seen exponential growth. A low of $204 seenContinue reading “Monero, Klaytn, Chainlink Price Analysis: 04 May”

While Ethereum’s price is leading the current rally of altcoins this season, it is likely that the easy part of DeFi will be over soon. New farming projects’ TVL has surged up to $100 Million and several projects have launched improved forks that were expected to take days to months. This has brought DeFi toContinue reading “What’s underway for DeFi tokens like UNI, LINK, SUSHI, WBTC, LUNA, CAKE and AAVE?”

Bitcoin SV broke above its ascending triangle pattern, but the price failed to achieve its projected target of $390. Chainlink’s dip could be cushioned at the 50-SMA close to $40, and the next upswing would likely boost it above $42. Lastly, a crossover between the long-term and short-term moving average could push THETA towards theContinue reading “Bitcoin SV, Chainlink, Theta Price Analysis: 03 May”

Chainlink was projected to dip below $39 before resuming its northbound movement. Uniswap broke north from a descending channel and presented targets at $44 and even $47. Finally, Filecoin could move sideways between a restricted channel before its next upswing. Chainlink [LINK] Chainlink’s upward trajectory was halted shortly before snapping the $42-mark, but this wasContinue reading “Chainlink, Uniswap, Filecoin Price Analysis: 02 May”

The ongoing altcoin season is being dominated by Ethereum, dominated to the extent that based on its market capitalization, ETH owns 15.5% of the cryptocurrency market. However, while challenging Ethereum’s dominance, top altcoins from the DeFi space and the NFT marketplace have rallied and offered high returns, redirecting investment flows. Though known for their short-termContinue reading “Are Curve, REN, Chainlink, Terra, and AAVE making a comeback this week?”

The most recent bloodbath was a result of increasing liquidity across exchanges and a week ago, the 17th of April had the highest amount of BTC perpetual futures long liquidations so far in 2021. This was a key to Bitcoin’s price drop. Cascading sell-off has not yet hit, since the price has recovered to theContinue reading “What to expect from top alts like Ethereum, XRP, LTC, ADA, LINK and DOT during BTC’s dip”

Dogecoin is not the only altcoin that has rallied offering double-digit gains, nearing a 100% in the current alt season. Top DeFi tokens have offered double-digit gains in the past two days. LUNA and CAKE have offered 16% and 13% gains respectively. The price for top DeFi tokens has increased consistently despite several price corrections.Continue reading “CAKE, Maker, Compound: Why top DeFi tokens have offered double digit gains in the past two days”

Akin to many in the altcoin market, Chainlink too witnessed a substantial price correction in the past week, after having shed over 27 percent of its trading price on 22 April. However since then, in the days that followed the coin was able to arrest the bearishness, stabilize the price and begin a recovery run.Continue reading “It is interesting to note a fundamental change in the way Chainlink’s market is operating”