LINK Price Prediction: Chainlink Needs To Clear $6.25 For Hopes of a Fresh Rally
Chainlink’s LINK price is holding the $5.75 support zone. The price could start a fresh increase if it clears the $6.25 resistance zone. Chainlink token price is showing positive signs above $6.0 against the US dollar. The price is trading above the $6.05 level and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $6.10 on the 4-hour chart of the LINK/USD pair (data source from Kraken). The price could gain bullish momentum above the $6.25 resistance zone. Chainlink (LINK) Price Eyes Fresh Recovery After a major decline, LINK price....
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Chainlink (LINK) has been a standout in the crypto market recently, registering an 11% increase over the past six days, even as the broader crypto market sentiment remains subdued. Will Uptober Start Early For Chainlink? A significant factor that might be driving this price action is the behavior of LINK’s major holders. On-Chain analysis firm, Santiment, highlighted this in a recent tweet, stating: “Chainlink’s key shark tier that holds between 10K-100K LINK has been on an accumulation spree.” Diving deeper into the data, there are now 3,127 wallets holding between....
Chainlink (LINK) started a strong rally after a major correction towards the $9.80 level. The price is up over 20% and it is likely to continue higher above the $12.50 resistance. Chainlink token price is surging and it recently broke the $12.00 resistance against the US dollar. The price is still trading well above $11.80 […]
Chainlink (LINK) started a fresh increase, but it struggled to clear the $11.00 resistance. There is now a risk of a sharp decline below $10.50 if there is no break above $11.00. Chainlink token price is struggling to gain momentum above $11.00 and $11.10 against the US dollar. The price is still trading well above […]
Chainlink (LINK) started a sharp decline after forming a head and shoulders pattern (as discussed in the previous analysis). The bears are gaining strength and aiming a test of $10.20. Chainlink token price started a fresh decline after it failed to clear the $12.50 resistance against the US dollar. The price is now trading below […]
Chainlink (LINK) dipped below $22.00, but it stayed above $20.00, whereas bitcoin and Ethereum struggled. The price is now rising and it is likely to rise towards $24.00 and $25.00. Chainlink token price started a downside correction from the $25.89 high against the US dollar. The price is well bid above the $20.00 level and […]