Top 5 cryptocurrencies to watch this week: BTC, LTC, LINK, VET, AXS
From a bird’s-eye-view, BTC is still in an uptrend and a bounce off the $62,000 support could provide the signal for LTC, LINK, VET and AXS to move higher. Bitcoin’s (BTC) bullish sentiment received a minor setback on Nov. 12 afte the Securities and Exchange Commission (SEC) rejected VanEck’s Bitcoin exchange-traded product that planned to track Bitcoin’s spot price.However, this negative development was followed by the successful activation of the Taproot soft fork on November 13. Bitcoin developer Hampus Sjöberg, who runs a Taproot dedicated website, told Cointelegraph that the “greatest....
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Chainlink has entered price discovery and traders should watch several key levels for the next possible top. Chainlink (LINK) remains to be one of the best performing cryptocurrencies in the past twelve months. As of Jan. 23, LINK is now bigger than Litecoin (LTC) and now number seven at $9.2 billion market capitalization, after surpassing Bitcoin Cash earlier this week. The LINK price surge also coincided with rumors this week that Grayscale is preparing to add a Chainlink Trust product. This news event likely played a part in the price of Chainlink rallying toward new all-time highs,....
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....
Chainlink price has consistently been negative as seen in the past couple of hours. Chainlink outskirting other cryptocurrencies with higher market cap The crypto is registering weekly gains of 13%; with no red zones LINK price down by 9.25% Looks can deceive and Chainlink (LINK) is a proof of that as it outskirts other altcoins that have comparably higher market cap. Chainlink is performing at its peak as seen in the past seven days, registering heightened gains of 13% with no reds evident on the charts. Today, the market was looking bullish but hints a negative....
Despite a slight pullback in Bitcoin and Ethereum prices, Chainlink remains strong. With a 22% rally in the last week and 4.1% on the daily chart, LINK stands as one of the biggest gainers in the top 10, trading at $33.07, at the time of writing. From the traders’ perspective, LINK’s price structure is highly […]