Chainlink is Positioned to See a Major Push Higher Despite Today’s Selloff
Chainlink’s price action as of late has been rather lackluster, primarily consisting of accumulation and consolidation as it trades between $10.00 and $11.00. This sideways trading has done little to offer investors any serious insights into its near-term outlook, but it is important to note that it is now moving in close tandem with the […]
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Chainlink has recovered from its recent lows and is in the process of pushing higher despite seeing a strong selloff earlier today. The cryptocurrency’s current strength is coming about due to that seen by Bitcoin, with the benchmark cryptocurrency also pushing higher as bulls try to reverse the recent weakness it has seen as a […]
Key Highlights. Dash price moved higher, but failed to clear a couple of major resistance levels. It looks like buyers might be able to push the price higher, as there is a critical support trend line positioned on the downside. 100 hourly simple moving average is aligned with 0.0125BTC, which represents a major support area. Dash price is showing signs of more gains, but buyers need to gain momentum before they can push prices higher. Push Higher? The price managed to climb higher recently to trade near 0.0144BTC where it found sellers. The stated level was coinciding with the 61.8% Fib....
Chainlink is currently attempting to confirm $10.00 as a support level as it faces inflows of selling pressure that jeopardize its near-term outlook. Despite the present weakness it is facing, a confirmation of this level as support would be incredibly bullish, as it would mark a mid-term support-resistance flip that potentially kicks off the next […]
Chainlink has seen a strong push higher over the past few days, with its ongoing rise coming about in tandem with that seen by Bitcoin and Ethereum This market-wide uptrend has proven to be highly beneficial for altcoins, with many posting massive gains throughout the past few hours as bulls aim at sparking a full-blown […]
Chainlink (LINK) started a sharp rise from the $10.00 support zone. It traded as high as $13.64, corrected lower, and now it is likely preparing for another leg higher over $13.00. Chainlink token price started a major upward move after it cleared the $11.50 resistance against the US dollar. The price traded as high as […]