Price analysis 1/8: BTC, ETH, XRP, LTC, ADA, DOT, BCH, XLM, LINK, BNB
Traders are buying every dip and pushing Bitcoin price to new highs on a daily basis, triggering many altcoins to follow suit. Bitcoin (BTC) again rose to a new all-time high on Friday as bulls continued to buy on every minor dip. As the price reached a new high, Bitcoin’s market capitalization soared above $775 billion, taking it past Facebook’s market cap, according to the website Companies Market Cap. This means, there are only six companies in the world that currently have a greater market cap than Bitcoin. The pace of the rally seems to have caught several traders off guard. Popular....
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In past weeks, the Chainlink (LINK) price showed so much strength against tether (USDT) as the price of Chainlink broke out of a range as price rallied to a high of $10. The price of LINK has recently faced resistance to trend higher as the price eyes weekly support. (Data from Binance) Related Reading: Cradles’ New SIN System Allows You To Earn By Staking Into NFTs Of Elite Players Chainlink (LINK) Price Analysis On The Weekly Chart LINK prices have dropped from around $10 to $7, finding price trading in a range as the price of LINK tries to break out of this region. LINK saw a weekly....
After showing so much strength as the price rallied to $52, cracking up an all-time high, the price of Chainlink (LINK) saw a decline to its present value of $7 against tether (USDT). Despite the uncertainties about where the market would be headed, only a few have shown strength as Chainlink (LINK) remains in the spotlight. (Data from Binance) Related Reading: WATCH: Bitcoin Barely Holds Onto $20,000 Support | BTCUSD September 16, 2022 Chainlink (LINK) Token Price Analysis On The Weekly Chart LINK saw a decline in its price from its all-time high of $52 to around $6, with an over....
LINK’s price shows strength as it attempts a major breakout from its range channel of over 180 days of accumulation as the price eyes a rally to $12. LINK could rally more as the price creates more bullish bias by breaking out of its range channel, but the price has struggled to regain more strength as Bitcoin (BTC) ranges. LINK’s price remains strong on the daily timeframe above the 50 Exponential Moving Average (EMA) as the price aims for more rallies. The price action displayed by Chainlink (LINK) has yet to see much volatility, considering how huge the project is and with....
The LINK price is no stranger to bullish rallies, and in September alone, the token has gone from a low of $5.8 to a peak of $7.9. Even now, bullish momentum among enthusiasts has not waned, especially with a 130% price increase prediction from a crypto analyst. LINK Price Prediction Ahead Of October In the analysis posted to TradingView, pseudonymous analyst Babenski explains the reasoning behind the $18 surge presented in their chart. First, it points to the $5.8 low that was recorded back in mid-September which is identified as the accumulation range. Related Reading: What Is Behind The....
LINK price holds strong above 50 EMA on daily timeframe with a string. LINK rallies as price eyes $10 ahead of its announcement of staking. The price faces resistance at $9 in the weekly timeframe. Chainlink (LINK) price showed bullish strength recently, but the price has struggled to break above key resistance against tether (USDT). With its intending staking in December 2022, there is high hope of a major rally for the price of Chainlink (LINK). Despite the uncertainty, the price of LINK has looked decent, holding up pretty well as other altcoins drop significantly in price and value.....