ChainLink (LINK), the 17th most valuable cryptocurrency in the market, surpassed the $2.8 level for the first time since November 2019 after a 65 percent rally.
With strong partnerships, ChainLink has maintained an active community of users, investors, and developers throughout the past year. It is one of the few cryptocurrencies to be down less than 40 percent from its record high.
Major cryptocurrencies like Ethereum, XRP, and Bitcoin Cash are generally down by 85 to 95 percent from their all-time highs.
Where is ChainLink headed next?
In the short-term, technical analysts anticipate ChainLink to test heavy resistance levels above $2.8, between $2.8 to $3.7.
One trader noted that initial exchange offerings (IEOs) are starting to see some momentum after a slow past six months.
He said:
“A breakout above $2.33, retest & continuation. Approaching the next target at $2.80 for a nice 21% move here. Meanwhile; IEO’s starting to show a slight sign of life as BNB is bouncing upwards as well.”
The overall positive trend of IEOs could act as a catalyst for cryptocurrencies like ChainLink.
ChainLink rises 65% in the past two weeks (Source: TradingView)
Big volatility expected
On January 16, NewsBTC reported that Binance Futures integrated ChainLink. It now allows users to trade the cryptocurrency with up to 75x leverage.
Often, when a major futures trading platform integrates a cryptocurrency, it tends to see significant volatility.
XRP and ETC, for instance, saw significant short-term price movements almost immediately after Binance Futures integrated the two assets.
If ChainLink cleanly breaks above $2.8, which has acted as a heavy resistance level throughout the past year, the expected volatility could play into the favor of the asset.
On the side of fundamentals, the infrastructure of ChainLink is being used by conglomerates like Google.
On June 14, 2019, the Google Cloud team released a detailed blog post on using the BigQuery ChainLink Oracle, officially mentioning a blockchain project for the first time in the context of cloud.
At the time, Sergey Nazarov confirmed it is working with Google to as an on-chain data provider to assist in the usage of blockchain technology.
In the short-term, however, technicals such as the clean break of resistance above $2.8 and the overall improvement in the sentiment around the crypto market are likely to be the biggest factors for the upside potential of ChainLink.
Traders target $9,400 for bitcoin
Throughout the past two weeks, bitcoin and the altcoin market have risen in tandem. It indicates that the upsurge is more than just a short squeeze.
Break 9000, 9400 is next
Get rejected here, we possibly head back down to retest 8600$BTC pic.twitter.com/9H1Fx3Qv0k
— Satoshi Flipper (@SatoshiFlipper) January 17, 2020
After the bitcoin price hit $9,000 across major platforms like Binance, traders are targeting $9,400 at the least, and $12,000 as a macro target.
A strong break above $9,000 by bitcoin would further provide strength to the altcoin market. The post appeared first on NewsBTC. origin »
Chainlink's trade volume, at the time of writing, was up 110% in just 24 hours. What's more, valued at $34.25, LINK was up by nearly 8% in the aforementioned time period too. The last time the altcoinThe post Here's why it's worth looking at Chainlink if you're a retail trader appeared first on AMBCrypto.
Chainlink, at the time of writing, was trading at $27.56, down from the $35-level seen towards the end of February 2021. However, it remains an exciting time for Chainlink. In fact, it may even be an The post What differentiates Chainlink from other altcoins in the current cycle? appeared first on AMBCrypto.
Chainlink's price has been on a strong uptrend lately. In fact, in the last 24 hours alone, LINK managed to register a new ATH of $32, with the crypto's market projecting strong bullish sentiments at The post Why Chainlink is in a position to buck convention this time appeared first on AMBCrypto.
Chainlink has a bearish short-term and medium-term trading outlook The four-hour time frame shows that a bearish head and shoulders pattern has formed The daily time frame continues to show the price trapped within a wedge pattern Chainlink is under increasing downside pressure, with the popular cryptocurrency on the cusp of a short-term bearish […]
The post Chainlink Price Analysis: Breaking Down appeared first on Crypto Briefing.
Chainlink is bullish over both the short and the medium-term The four-hour time is showing that a bullish inverted head and shoulders pattern has formed The daily time frame is showing that a large inverted head and shoulders patterns with double-digit potential could start to form Chainlink is holding onto recent trading gains as the […]
The post Chainlink Price Analysis LINK / USD: Bucking The Trend appeared first on Crypto Briefing.
The entire crypto market has turned red today, with Bitcoin (BTC) triggering a slide across most altcoins. But there are two curious exceptions – Chainlink (LINK) and Basic Attention Token (BAT).
Chainlink is one of the best performing altcoins of 2019. There are plenty of reasons for its surge in popularity and price, all of them grounded in solid fundamentals and growing partnerships with tech giants.
So far, Chainlink has had an enviable year. Since last December, LINK experienced a bull run that saw its price rocket nearly 26x. Along the way, Google published a guide on how to use the service with its cloud-based offering and Coinbase and Coinbase Pro listed the coin.
Chainlink has turned bullish over the short and the medium-term The four-hour time frame shows that a potential inverted head and shoulders could be forming The lower time frame shows bearish MACD price divergence Chainlink is continuing its early-month rally, with the cryptocurrency fully eroding its September trading losses.
Secure oracle mechanisms are the only way to bring established companies onto the blockchain, according to the founder of Chainlink (LINK). In an interview with Crypto Briefing, Sergey Nazarov explained that many companies are interested in using the technology, but are nervous about adapting to new infrastructure.
Secure oracle mechanisms are the only way to bring established companies onto the blockchain, according to the founder of ChainLink (LINK). In an interview with Crypto Briefing, Sergey Nazarov explained that many companies are interested in using the technology, but are nervous about adapting to new infrastructure.
Today was a weird day for the crypto markets. For the first time in seeming months, altcoins dramatically outperformed Bitcoin — managing to gain multiple percent on the market leader. While Bitcoin has gained 2.
The four-hour and daily time frame show that a bullish triangle breakout is underway The daily time frame highlights a huge bullish reversal building across the daily time frame Chainlink appears to be stabilizing around major long-term support, as green shoots spread through almost the entire cryptocurrency market.
Chainlink has a bullish short-term bias, with the LINK / USD pair recovering above its 200-period moving average on the four-hour time frame The four-hour time is now showing that a bullish breakout from a descending triangle pattern is currently underway The daily time frame is showing that the LINK / USD pair is struggling […]
The post Chainlink Price Analysis LINK / USD: Trying To Emerge appeared first on Crypto Briefing.
Zilliqa has a bearish short-term trading outlook, with the cryptocurrency still trading below its 200-period moving average on the four-hour time frame The four-hour time frame shows that the ZIL / USD pair still remains trapped within a wedge pattern The daily time frame continues to show the invalidation of a large inverted head and […]
The post Zilliqa Price Analysis ZIL / USD: Riding On Chainlink appeared first on Crypto Briefing.
Chainlink has a bearish short-term bias, with the LINK / USD pair falling below critical technical support on the four-hour time frame The four-hour time is now showing that a bearish breakout from a wedge pattern is currently underway The daily time frame is showing that the LINK / USD has fallen below its key […]
The post Chainlink Price Analysis LINK / USD: Bears Leading The Way appeared first on Crypto Briefing.
The market has been following Bitcoin’s trend for a long time. However, one coin that is not playing by Bitcoin’s rules is Chainlink [LINK]. A few days back, LINK surged by a massive 320% on the back of Google’s announcement of integrating it into its cloud-based services.
Credits, the fast and super-scalable DApps-oriented Blockchain platform, and Chainlink are coming together to jointly develop the next revolutionary tech advancements for Blockchain. This latest development is coming at a time when Chainlink, a Blockchain-powered Oracle network provider for Smart Contracts, has been dominating the space.
Chainlink has a bullish short-term bias, with the LINK / USD pair holding towards its all-time high The four-hour time is now showing that bulls are in full control of price action The daily time frame is showing that a bullish pattern is close to reaching its upside objective Fundamental Analysis Chainlink’s uptrend momentum remains […]
The post Chainlink Price Analysis LINK / USD: Coinbase, Lift With Caution appeared first on Crypto Briefing.
Chainlink has a bullish short-term bias, with the LINK / USD breaking out to new all-time price high The four-hour time frame is now showing that a bullish inverted head and shoulders pattern has been ignited The daily time frame is showing a large bullish pattern with scope for further upside Fundamental Analysis LINK has […]
The post Chainlink Price Analysis LINK / USD: Linking With Google appeared first on Crypto Briefing.
By CCN Markets: A little-known cryptocurrency spiked more than 60% after Google gave the project a surprise shout-out in an equally-unexpected blog post on how to use Ethereum and Google Cloud to build hybrid blockchain applications.
Total Market Cap Analysis Let’s first look at what the overall market is doing. As you know, all coin prices are highly correlated with bitcoin’s price action and by extension with the whole market.
Chainlink has a bullish short-term bias, with the LINK / USD pair recovering above its 200-period moving average on the four-hour time frame The four-hour time frame is now showing a valid head and shoulders pattern The daily time frame is showing that bulls have invalidated a large head and shoulders pattern Fundamental Notes Chainlink […]
The post Chainlink Price Analysis LINK / USD: Against The Flow appeared first on Crypto Briefing.
Daily LINKBTC LINK was one of the best performing altcoins in the first 3 weeks of May, going from 8k to 18k sats in less than 10 days and setting the new all time high in sats. However, it is right now in danger of giving it all back as the pullback protracted far more […]
The post ChainLink (LINK) Price Analysis and Prediction 2019 – Market Completely Ignored The Mainnet Launch (June 3rd Update) appeared first on CaptainAltcoin.
Over the past two months, Bitcoin (BTC) has ripped to the upside, posting an over 100% gain. At the same time, some crypto assets, like Binance Coin (BNB), Litecoin, and Chainlink, have, to put it (not so) lightly, gone to the moon.
Daily LINKBTC LINK was one of the best performing altcoins in the first 3 weeks of May, going from 8k to 18k sats in less than 10 days and setting the new all time high in sats. LINK hit a local high at 18745 sats and then retraced in a moderate pullback back to Fib50 […]
The post ChainLink (LINK) Price Analysis and Prediction 2019 – Mainnet Launch Excitement Grows As LINK Still Sits At Crucial Height (May 30th Update) appeared first on CaptainAltcoin.
Mid May Update: Technicals Daily LINKBTC LINK was one of the best performing altcoins in the last week, going from 8k to 18k sats in less than 10 days and setting the new all time high in sats. LINK hit a local high at 18745 sats and then retraced in a moderate pullback back to […]
The post ChainLink (LINK) Price Analysis and Prediction 2019 – Mainnet Launch Excitement Grows As LINK Rests At Crucial Height (May 26th Update) appeared first on CaptainAltcoin.
Mid May Update: Technicals 4H LINKBTC LINK was one of the best performing altcoins in the last week, going from 8k to 18k sats in less than 10 days and setting the new all time high in sats. LINK hit a local high at 18745 sats and then retraced in a moderate pullback back to […]
The post ChainLink (LINK) Price Analysis and Prediction 2019 – Best Performing Altcoin Taking A Breather (May 23rd Update) appeared first on CaptainAltcoin.
Mid May Update: Technicals 4H LINKBTC LINK had a nice run after penetrating the Fib50 at 11900 but it got tripped at the next Fib level of Fib618, at 12791. This area was captured for a brief time but LINK then retraced to the current level, hovering right around this Fib height.
Mid May Update: Technicals 4H LINKBTC LINK had a nice run after penetrating the Fib50 at 11900 but it got tripped at the next Fib level of Fib618, at 12791. This area was captured for a brief time but LINK then retraced to the current level, hovering right around this Fib height.
Chainlink is bullish in the short-term, with the LINK / USD pair advancing to a new 2019 trading high The bullish inverted head and shoulders pattern has now been triggered across the four-hour time frame The daily time frame is showing that the cryptocurrency has now broken above major trendline resistance Chainlink / USD Short-term […]
The post Chainlink Price Analysis LINK / USD: Mainnet Euphoria appeared first on Crypto Briefing.
Chainlink is bullish in the short-term, with the LINK / USD pair testing towards the current 2019 trading high A bullish inverted head and shoulders pattern has formed across the four-hour time frame The daily time frame is showing that the cryptocurrency is testing towards major trendline resistance Chainlink / USD Short-term price analysis Chainlink […]
The post LINK / USD Price Analysis: Breaking Chains appeared first on Crypto Briefing.
Seven cryptocurrencies performed way better than Bitcoin during January’s market volatility. HOT, the native token of Holochain project, surprised the cryptocurrency community with a 178% price surge.
The 44th ranked cryptocurrency by market cap, Chainlink, has been outperforming for some time. Chainlink is a middleware solution which has been receiving a lot of hype recently. Many view it as holding the potential to revolutionize how smart contracts on blockchain such as Bitcoin and Ethereum interact with external data.
Evan Cheng has been formally selected to be the Director of Blockchain Engineering at the famous social network, Facebook. The blockchain expert has been working with ChainLink and Zilliqa. This time, it will be a lead builder as Facebook enter the distributed ledger market. Cheng To Work On Facebook This is one of the latest […]
After multiple CHoCH and BOS, Chainlink sat at a key $12 support zone as of press time.
Strong reaction here could trigger a move back toward $16-$18, while a break could see LINK retest $10 orThe post Chainlink's potential drop to $10 lies on THIS key support appeared first on AMBCrypto.
Chainlink's high development and sustained accumulation presented a bullish case for investors
Daily price chart hinted at bearishness, but this could change if $17.5 is breached
Chainlink [The post Assessing if Chainlink's dev activity will be enough to fuel LINK's price rally appeared first on AMBCrypto.
Министр торговли США заявил, что в соответствии с планами президента Дональда Трампа биткоин получит «уникальный статус» в предполагаемой модели стратегического крипторезерва.
LINK’s decline to $13. 18 marked a 13. 6% correction from $15. 25, following a previous high of $16. 34.
LINK's Fibonacci retracement levels highlighted critical zones, including 0. 236 at $14.
LINK's price performance showed that the downtrend remained intact on the daily chart
On-chain metrics suggested that the token will not match the previous run's performance
Chainlink [LINK]The post Is LINK’s market sentiment turning bearish? Key metrics suggest it might be! appeared first on AMBCrypto.
The total net flow for LINK revealed substantial exchange activity between the 17th of November and the 26th of February.
LINK’s price movements from October 2024 to February 2025 exhibited nThe post Chainlink [LINK]: Unraveling market shifts and future prospects appeared first on AMBCrypto.
LINK has maintained resilience with robust dip-buying demand.
Does this guarantee a breakout?
Chainlink [LINK] is showing weak signs of recovery after dropping to $17.30, with buying momentuThe post Chainlink's [LINK] recovery in motion? Key levels to watch appeared first on AMBCrypto.
