• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / News / Chainlink [LINK] outshines top ten cryptocurrencies
Chainlink

Chainlink [LINK] outshines top ten cryptocurrencies

August 3, 2021 by Sahana Kiran

While the entire crypto-verse was enduring a slump only few coins like Chainlink [LINK] and Solana [SOL] managed to steer away from the bear and decided clung on to the bull. Painted in red, the crypto market was seen losing out on all the recently amassed gains.

Bitcoin [BTC] dipped to $38K after recently moving across $40K. This move certainly disappointed an array of BTC investors who hoped the asset would aim for $50K. Ethereum [ETH] held on to the $2K level, however, the largest altcoin was observed hoarding a 3.34% drop over the last 24-hours. Almost all the top ten coins on CoinMarketCap’s list were seen plummeting by at least 3%.

During the same time, Chainlink was taking out the last of its profits from the bulls. At the time of writing, the altcoin was trading for $22.97 with a 1.88% surge over the last 24-hours. Even if this rise was dainty, when compared to other assets, Chainlink proved to be doing much better.

Additionally, the market cap of the altcoin was at $10.02 billion which helped the coin remain in the 12th rank.

Chainlink [LINK] one-hour price chart on Binance

Chainlink
Chainlink [LINK] outshines top ten cryptocurrencies 3

The short-term price chart of LINK revealed that the altcoin was no different than the other assets. Chainlink was headed towards the bearish realm along with all the other assets. The Awesome Oscillator indicator noticed a reversal in trend. Red closing bars were formed by the indicator which further alerted the presence of the bears in the LINK market.

The Chaikin Money Flow [CMF] indicator did not wait for anyone. The CMF marker took a plunge below the zero median which indicated a bearish momentum in the LINK market. This was followed by the Relative Strength Index [RSI] that was revealing a contradicting notion. The RSI marker was moving from the sellers’ zone onto the buyers’ arena over the 50 median. This sort of sentiment amidst a bearish cycle was not anticipated.

Filed Under: News, Altcoin News, Market Analysis Tagged With: Chainlink (LINK)

Primary Sidebar

Recent Posts

  • After Selling out Stage 3 in Record-Breaking Presale, Could Neo Pepe Coin ($NEOP) be Best Crypto Meme Coin of 2025? July 3, 2025
  • Cloud mining giant “FansHash” officially launched a newly upgraded cloud computing power contract today, leading a new era of cloud computing power. July 3, 2025
  • Crypto’s $3 Billion Token Unlocks: Will Market Survive the Surge? July 3, 2025
  • Avalanche Poised for Explosive $27 Surge Breaking Bearish Channel Trend July 3, 2025
  • REX-Osprey Launches First U.S Solana Staking ETF With 7.3% Passive Income July 3, 2025

Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2025 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.