Analyst: After A 50% Retrace Against Bitcoin, Chainlink Is “Ready” To Soar

All the way up until around mid-2020, Chainlink was the hottest crypto token around. But once Bitcoin broke above $10,000 months ago, the altcoin’s uptrend against the top cryptocurrency was broken.

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Dash, Chainlink, IOTA price analysis roundup

The cryptocurrency market remains in the bull zone, and this situation also supports the price of Dash, Chainlink, and IOTA. Bitcoin has found strong support above the $20 000 level, but some analysts say that the correction could be around the corner.

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Chainlink Must Shatter One Key Resistance Level or Face a Plunge to $7.50

Chainlink’s price action has been closely following Ethereum’s as of late, but it is beginning to break free of this correlation and gain some independent momentum. This comes as the wider crypto market continues its ascent, with altcoins surging as Bitcoin consolidates around $18,000.

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Up or down? Chainlink (LINK) price prediction for December

Chainlink (LINK) price has advanced from $11. 8 above $14. 2 in less than five days and the current price stands around $13. 4. The main trend of this cryptocurrency remains bullish and Chainlink is eying to $15 as the uptrend continues.

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Bears Control Chainlink as Long as It Holds Below One Crucial Level: Analyst

Chainlink has been holding strong throughout the past few days and weeks around $13. 00, with the selling pressure here stopping the cryptocurrency from seeing any intense momentum throughout the past few days and weeks.

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Chainlink Could Soon Rocket Towards $16.50 as Bulls Stay in Control

Chainlink’s price action as of late has been quite positive, with bulls shattering the resistance that previously sat around $12. 00 and gaining momentum as the aggregated DeFi sector rebounds.

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This trend pattern will send Chainlink to never-before-seen highs

Technical analyst Kevin Svenson is of the opinion that Chainlink is all set and in a position to sustain a new all-time high once it is able to attain a certain price region. Chainlink is still one of the new and most promising DeFi tokens around.

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Analysts Think Chainlink (LINK) Is Primed to Rocket Toward $13

Like many other altcoins, Chainlink (LINK) faced a strong correction in September and October after the summer highs were set. From its summer high and all-time high of $20, set in the middle of August, LINK corrected more than 50%, bottoming around $7.

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Chainlink Significantly Extending Its Price Gap With Other Oracle Projects

Chainlink is currently ranked 6th by market capitalization on Coinmarketcap. The digital asset had an all-time high of $20 on August 16, 2020, reaching a market cap of around $7 billion. According to several analysts, the current setup of LINK seems to be extremely bullish in both short and long-terms. This Twitter user discussed the […]

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Is Chainlink (LINK) a buy or sell in October?

The price of Chainlink (LINK) has advanced from $7. 6 above $11. 5 in less than several weeks and the current price stands around $10. 9. LINK has found strong support above $10 but the price is still not able to surpass $12 resistance.

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Eerie Chainlink (LINK) Fractal Predicts a Drop Towards $6

Chainlink (LINK) has undergone a strong bounce since the lows under $8 it set in September. The leading cryptocurrency currently trades for a price around $11, almost 50% above those lows. Despite this recovery, not everyone thinks it will last.

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Chainlink, Zcash, DigiByte Price Analysis: 13 October

Chainlink witnessed a small price correction, but the digital asset looks poised for some gains, with a bullish recovery around the corner. Zcash experienced weak selling pressure, in the midst of The post Chainlink, Zcash, DigiByte Price Analysis: 13 October appeared first on AMBCrypto.

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LINK breaks out, eyes higher levels in the coming days

Chainlink (LINK) price rallied around 7% today to break the daily resistance at $11. 20 as the bulls now target levels above the $12 mark. Fundamental analysis: More clients for Chainlink Fetch.

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Analyst: “Cycle Lows” For Chainlink May Be In, Expect $14 Next

Chainlink (LINK) has experienced a strong decline after peaking at around $20 in August. At the recent lows, the coin traded around as low as $8, meaning that it had declined by 60%. LINK may be poised to revert to its bullish stance though as the coin forms a bottom formation, analysts say. Related Reading: […]

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Chainlink Downtrend Could Continue Toward New Lows Despite Record Rebound

Chainlink recently saw a record-breaking rebound, closing an intraday rally with more than 30% gains on the day. The recovery kept climbing but has since turned around at the top of a downtrend channel that thus far has been holding.

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After 50% Drop, Chainlink (LINK) Is Reaching a Do or Die Technical Level

Chainlink has plunged since setting highers in August. The coin now trades at around $8. 50 as of this article’s writing, far below the all-time highs set at $20. The cryptocurrency’s correction comes after leading altcoins underwent a strong plunge after Ethereum fell through key supports.

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Chainlink is “On the Horizon” of Making a Massive Push Higher

Chainlink has seen some mixed price action in recent weeks, with the cryptocurrency’s price plunging as low as $10. 00 and facing another rejection around $12. 00. This price action has primarily favored sellers, as the inability for it to make a sustained push off of its support around $10.

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DeFi Darlings Chainlink, Binance Coin, Yearn.Finance Plunge Over 10%

Bitcoin is surging but the rest of the crypto space isn’t following its lead this time around. Instead, many of the DeFi darlings that led the last bullish impulse, have fallen 10% or more in the last 24 hours.

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This Chainlink (LINK) Fractal Predicts the 50% Correction Is Over

Chainlink has experienced a strong correction over the past few days as Bitcoin and Ethereum has dropped. The leading cryptocurrency dropped over 50% from its all-time high around $20 to local lows around $9 in the span of a few weeks.

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Chainlink short-term Price Analysis: 07 September

Chainlink has suffered as many altcoins have. In fact, LINK marines seemed to be scrambling as the cryptocurrency's price trotted around the $12-mark, with more dips expected. The market cap of LINK hThe post Chainlink short-term Price Analysis: 07 September appeared first on AMBCrypto.

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Chainlink (LINK) Rallies 20%, But Price Runs Into Crucial Resistance

Chainlink (LINK) is up around 20% from the $9. 20 swing low against the US Dollar. It broke the $12. 00 resistance, but now facing a major resistance near the $13. 50 level. Chainlink token price started a strong recovery wave from the $9.

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Altseason or not, Ethereum, Chainlink & Polkadot are here to stay

Over the past few weeks, the hype around a supposed altseason seems to have died down. I mean, sure, DeFi is still what one would characterize a "booming space." But, many of the market's altcoins havThe post Altseason or not, Ethereum, Chainlink & Polkadot are here to stay appeared first on AMBCrypto.

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ChainLink (LINK) flashes red pattern breakout

ChainLink traded at around $17.00 on Tuesday, September 1 The price of ChainLink has...

The post ChainLink (LINK) flashes red pattern breakout appeared first on Coin Journal.

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Analysts Flip Bullish on Chainlink After Breaking Above Critical Resistance

After an extended period of consolidation, Chainlink’s price is finally breaking out as it begins navigating back up towards its all-time highs. This intense momentum that has guided it higher today came about as a result of its bulls shattering the resistance it was previously facing around $16.

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This Indicator Is Still Adamant Chainlink (LINK) Is Poised to Drop Further

Chainlink surged on Saturday after plunging around 25% from its local highs near $20. The asset reached approximately $16, bouncing from the $14 lows. LINK is down on Sunday, trading 5. 5% lower in the past 24 hours.

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Chainlink (LINK) Could Soon Reverse Towards $14 Despite 20% Price Bounce

Chainlink suffered a strong correction after approaching $20 last week. The asset fell from those highs to a low of around $14 after a flash crash and subsequent selling pressure. LINK was also pushed lower by Dave Portnoy, the founder of Barstool Sports, selling his stake in the cryptocurrency.

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Chainlink is now the 5th largest crypto in the world thanks to LINK marines

Chainlink (LINK) price rose nearly 5% today to return to the group of the five largest cryptocurrencies in the world by market value. LINK’s price advanced over ninefold year-to-date, with a market cap of around $6 billion.

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What Analysts Think Comes Next After Chainlink’s (LINK) 20% Drop

Prior to today, Chainlink (LINK) was seemingly on an unstoppable uptrend. The asset recently hit a new all-time high price of $20, around 1,000% higher than the lows of the March capitulation crash.

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Chainlink Just Flash Crashed 20%: Here’s What’s Next For LINK

Chainlink (LINK) has finally undergone some price weakness after a record-setting rally. The asset plunged 20% in the span of 30 minutes according to data from TradingView. com. The asset moved from just shy of its local highs at around $18.

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Bitcoin Cash, Tezos, Ethereum Classic price analysis: 16 August

With all the buzz around Chainlink's and Bitcoin's rapid rise and consolidation, respectively, other resurgent and dampened altcoins have been left out of the limelight. Bitcoin Cash, the hardfork of The post Bitcoin Cash, Tezos, Ethereum Classic price analysis: 16 August appeared first on AMBCrypto.

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Chainlink Is Currently Having Its Pump and Dump Moment, Says Crypto Whale

Chainlink is a crypto project that has been hitting the headlines of late. The crypto recently surged by a huge margin before slowing down to trade at around $18. At the moment, Chainlink is number 5 on the chart according to CoinMarketCap.

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Chainlink (LINK) Price Jumps Over 24% in 24 Hours, Stamping Hard Its 5th Position

Coinspeaker Chainlink (LINK) Price Jumps Over 24% in 24 Hours, Stamping Hard Its 5th PositionChainlink (LINK) added around $3. 38 in the past 24 hours to trade slightly above $17 at the time of publication.

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It’s “Only a Matter of Time” Before Chainlink (LINK) Breaks $10.00; Here’s Why

Chainlink has been flashing signs of immense strength throughout the past few days, with the cryptocurrency currently consolidating around its all-time highs. Despite being unable to break into the double-digit price region, the strong market structure established as a result of its recent push higher is likely to allow for further upside in the near-term. […]

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Down 17% From $9 High, Analysts Think Chainlink (LINK) Will Continue Plunge

Up until last week, Chainlink (LINK) was one of the best-performing cryptocurrencies in the market. The asset had rallied around 500% since the March lows. After a slowdown in the altcoin market’s momentum, LINK has slumped.

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“Have Your Popcorn Ready”: Bitcoin Volatility Is At Extreme Lows

Shunning Bitcoin’s lack of trend, altcoins have seen extreme volatility over recent weeks. Take the example of Chainlink (LINK), a community-favorite altcoin that is up by around 450% since the March lows.

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Chainlink could moon to $20 if Bitcoin doesn’t dump

Chainlink’s price has climbed back above $8.00 and could retest the area around its...

The post Chainlink could moon to $20 if Bitcoin doesn’t dump appeared first on Coin Journal.

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Chainlink Price Reaches New Highs, LINK Beats Binance Coin and Litecoin in Market Capitalization

Coinspeaker Chainlink Price Reaches New Highs, LINK Beats Binance Coin and Litecoin in Market CapitalizationChainlink (LINK) price is rising. It has gained around 10% in 24 hours, while the growth within 7 days is over 30%.

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Chainlink (LINK) Breaches $8 Once Again: What Are Analysts Saying?

Bulls are once again driving Chainlink (LINK) higher after a slight retracement on parabolic price action. As of the time of this article’s writing, the asset is up by around 15% in the past 24 hours, rallying past $8.

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Chainlink continues onboarding new investors as bulls defend critical support level

Chainlink has seen a notable recovery in the time following its latest selloff, with the cryptocurrency’s buyers defending it from dropping below the strong support that has been established around $3.

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Coinbase Launches Price Oracle That Will Compete With Chainlink

Coinbase has announced an oracle that will provide reliable and verified price data for two trading pairs: BTC-USD and ETH-USD.  The move also roused conversation around Chainlink’s market position.

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This Previously Bullish Crypto Could Soon Erase Months of Gains in a Violent Selloff

Chainlink (LINK) has by far been one of the most bullish cryptocurrencies throughout both 2019 and 2020, with the crypto rallying to highs of nearly $5. 00 in mid-February, which is around when the aggregated market lost its momentum and began to crater.

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Data shows Chainlink network is growing exponentially as its community becomes more optimistic

The Chainlink network is growing at an exponential rate, according to data from IntoTheBlock. Every day, more addresses are created and the number of holders continues rising. The positivity around LINK can be seen across all social media platforms, which could be a sign of a further price appreciation.

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Tezos and Chainlink continues rally but HBAR takes a back seat

Taking the attention away from major assets such as Bitcoin and Ethereum, some of the mid-cap assets have performed exceptionally well in the current bullish rally. The commotion around an altcoin The post Tezos and Chainlink continues rally but HBAR takes a back seat appeared first on AMBCrypto.

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Ontology Partners with Chainlink to Provide Secure Off-Chain Connections

Ontology announced a collaborative partnership with Chainlink to bring data-driven smart contracts to back-end business models. Ontology, a network designed to provide a layer of blockchain privacy, partnered with Chainlink, an Ethereum-based intermediary platform for enhanced security, in order to work around the “oracle problem.

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Limechain integrates Etherlime with Chainlink to speed-up dApp development

Limechain, a blockchain development and solutions provider, announced today a new developer product that leverages Etherlime, its development framework based on ethers. js and Chainlink, a decentralized oracle provides external off-chain data to smart contracts.

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Crypto Correlations Change As Ethereum Becomes Benchmark, and Bitcoin Analysis Today

The cryptocurrency markets are seeing a small retracement today. Bitcoin continues its low-volatility trading around the $8,400-8,500 level, while altcoins are still pulling back from their previous gains.

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Bitcoin Price Unaffected By ETF: OpenLibra To Oppose Facebook

Bitcoin’s price has increased against all expectations. In a sudden surge, the largest cryptocurrency by market cap briefly reached $8,700 yesterday, subsequently stabilizing around the $8,500 price level.

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Why Altcoins Are Rising: Maker, Holochain, BNB And Chainlink News

Altcoins are back in style. As the price for one bitcoin has increased to trade around the $8,450 level, several top altcoins are posting double-digit gains against a generally-green backdrop, while Ethereum is on a roll – gaining almost 6% over the last 24 hours.

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Similarities Between LINK Price and Bitcoin Noted by Investor

Chainlink is a well-known cryptocurrency that has been around since 2017. During the current bull market of 2019, it has been one of the higher risers, at one point having increased by a massive 1750%.

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