Chainlink (LINK), one of the leading decentralized oracle networks, is making waves in the crypto market as it approaches a critical technical juncture. A recent analysis shared on X by Clifton Fx has sparked excitement among investors, suggesting that LINK could be on the verge of a breakout on its monthly chart, potentially targeting $100, […]
chainlink technical analysis
Chainlink (LINK) Up 7.84%: Key Indicators Signal Potential Bullish Breakout
Chainlink (LINK) is currently trading at $12.23, marking a 7.84% increase over the last 24 hours, while its 24-hour trading volume stands at $570.73 million, down slightly by 1.38%. Over the past week, the token has slipped 2.46%, averaging around $12.12, yet recent momentum is shifting bullishly. The technical analysis gives a macro perspective of […]
Chainlink (LINK) Faces Crucial $15 Hurdle: Analyst Insights & Technical Signals
Chainlink (LINK) is currently under the spotlight as its recent price movements present a promising yet uncertain scenario for investors. Analysts and enthusiasts are closely watching key levels and indicators to gauge the digital asset’s future trajectory. Renowned crypto analyst Ali Martinez weighed in on the situation, shedding light on the hurdles and potential breakthroughs […]
Chainlink breaks resistance at $26.74, what to expect?
Chainlink price has been down by 3.10% in the last 24-hours, attaining a daily high at $31.37. After breaking the price resistance at $26.74, the LINK/USDT price has turned bearish. According to CoinMarketCap’s data, the prices will continue to be bearish in the short term as the trading volume dropped down by 26.24%, currently at $1.13 billion. […]
Polkadot, Chainlink, Binance Coin Technical Analysis on 13th September 2020
The collective cryptocurrency market cap rose to $348 billion as Bitcoin‘s dominance declined by 55.8%. As Bitcoin continued to consolidate between a tighter range, several altcoins appeared to be pushing above key resistance levels. Polkadot [DOT] A couple of weeks ago, the blockchain interoperability project Polkadot was not even in the top 100. But today, […]
Chainlink, Bitcoin Cash, Bitcoin SV Technical Analysis on 1st September 2020
Despite Bitcoin‘s dormant price action, several altcoins have pushed ahead reclaiming overhead resistances. The collective cryptocurrency market cap stood at $386.7 billion while Bitcoin’s dominance declined to 56.8%. Chainlink [LINK] Chainlink [LINK] trading close to its psychological support of $18 despite a decline of 3.94% over the past 24-hours which positioned the coin’s price at […]
Chainlink, Cardano, Binance Coin Technical Analysis on 27th August 2020
After enduring a troubling week, the bulls and bears continued to assert dominance over the cryptocurrency market. On the brighter side, the number of Bitcoin [BTC] whales reached an all-time high which indicated that the world’s largest cryptocurrency was still in an accumulation phase. Following BTC’s minor price change to the positive side, several altcoins […]
XRP, Chainlink, Bitcoin SV Technical Analysis on 19th August 2020
The cryptocurrency market underwent a correction driving the collective market cap to face a major retracement all the way back to $370 billion. After a short-lived tryst above the $12k-mark, Bitcoin was back below the crucial key level. Following suit were several major altcoins such as XRP, bitcoin SV( BSV )& chainlink that recorded minor […]
Chainlink, Litecoin, EOS Technical Analysis on 16th August 2020
The collective cryptocurrency market appeared to be in a consolidation phase. The market cap was registered at a whopping $373 billion, a level unseen since May 2018. While Bitcoin has faced multiple rejections at the coveted $12k-level, several altcoins have, however, sprung up in action. Joining the bandwagon are coins such as Chainlink [LINK], Litecoin […]