Tag Archives: LINK

The altcoin market continued to illustrate the significant influence Bitcoin has on it. BTC fell below the $50k price level and it didn’t take too long for the remainder of the market to mirror its losses. For the largest altcoin in the market – Ethereum this resulted in a 15 percent price drop right afterContinue reading “THETA, Chainlink, Ethereum Price Analysis: 23 April”

In the current bull run, a rather extended one, the focus of retail traders had shifted to the on-chain health of Bitcoin after the price dropped below $48,500 for the first time since March 5, 2021. The current low has carried on for 6 weeks and led to a plunge in the price of severalContinue reading “What you need to know about XRP, DOGE, LINK, BNB, ADA, in light of BTC’s price drop”

Chainlink could dip towards its 200-SMA close to the $31-mark before attempting a bullish bounce back. BitTorrent Token minimalized its losses at $0.007-support, while XVG could remain subdued below the $0.06-level unless the CMF recovers above the half-line. Chainlink [LINK] Like most other altcoins, Chainlink traded in the red at press time, down by 16.5%Continue reading “Chainlink, BitTorrent Token, Verge Price Analysis: 18 April”

Bitcoin’s dominance is dropping and is currently at 54.4% while altcoins are seeing a rise in dominance lead to a rally. Among altcoins XTZ, LINK, DOGE, and BAL have seen gains and are interesting to take a closer look. As per the above chart, Binance coin, Cardano, Polkadot, XRP, Litecoin and Uniswap have significant dominanceContinue reading “Should traders invest in altcoins like Tezos, Chainlink, Dogecoin, etc.”

In every bull run, there are comebacks, and some comebacks offer a bigger profit realization opportunity than others. In current circumstances, the cases of altcoins like VET, BSV, and LINK may be perfect examples. Consider VeChain, for instance. After dropping down to the $0.04-level in the last week of February 2021, the price made aContinue reading “Here’s why this is the time to book profits in BSV, LINK, and VET”

Chainlink can be expected to stabilize at $36.6 or at $35.2 before resuming its northbound trajectory. Augur projected rangebound behavior, while Enjin Coin was tipped to break north from a falling wedge. Chainlink [LINK] With year-to-date returns of 215%, Chainlink has been a solid performer in 2021 so far. The price has been particularly bullishContinue reading “Chainlink, Augur, Enjin Coin Price Analysis: 14 April”

The large market capitalization of Chainlink, along with its growth in the past few months, has convinced many investors that it is a safe crypto asset to hold in the long term. Many large-cap altcoins have broken past their previous ATH and offered double-digit gains in recent weeks, and a similar run can materialize forContinue reading “Chainlink Price Analysis: 12 April”

Chainlink traded between a tight channel of $33.1-$31.2 and weak volumes worked against a bullish short-term outcome. BitTorrent Token was projected to break lower from a descending triangle, while Elrond surpassed expectations and maintained its upwards trajectory. Chainlink [LINK] On the 1-hour timeframe, Chainlink remained between the channel $33.1-$31.2 even though its trajectory was withinContinue reading “Chainlink, BitTorrent Token, Elrond Price Analysis: 11 April”

Chainlink moved within an ascending channel but a breakdown did not seem likely at least in the short term. Aave remained below its 200-SMA, while Decred was expected to break south from its ascending channel after touching $200. Chainlink [LINK] Chainlink’s current price was at a crossroads on the 4-hour chart. On one end, aContinue reading “Chainlink, Aave, Decred Price Analysis: 10 April”

With most altcoins rallying at the current point in the market cycle where Bitcoin is making a comeback, there are a few altcoins that may have ended their price rally. Among these, LINK ranks in the top 10 cryptocurrencies based on market capitalization. LINK’s oracles may have filled the void left from the removal ofContinue reading “Has the rally ended for altcoins like LINK, ADA, and NPXS?”

Bitcoin’s move past $58.2k could be the beginning of increased gains across the altcoin market. Momentum was strongly bullish for IOTA, and Chainlink is likely to reach $33.4 and $35 in the coming days. Elrond established an uptrend after breaking above $150. Chainlink [LINK] Chainlink saw a correction from $35 to $30.84 after displaying aContinue reading “Chainlink, IOTA, Elrond Price Analysis: 09 April”

Chainlink had a bullish outlook on the charts as it approached a level of resistance at $31.38 once more. While a dip back to $30.5 could be seen, the short-term momentum has swung strongly in favor of the buyers. Bitcoin and Ethereum have also held their ground above crucial areas of support, making a marketwideContinue reading “Chainlink Price Analysis: 05 April”