Analyst: Chainlink Could Still Set Fresh Lows Despite Yesterday’s 30%+ Rally

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 may be trading at half of its all-time high, but it just broke a new record – this time for its best single-day performance in all of 2020. With such an outstanding rebound from local lows making the early days of the rally look weak by comparison, is this a sign that Chainlink is […]

All the way up until around mid-2020, Chainlink was the hottest crypto token around. But once Bitcoin broke above $10,000 months ago, the altcoin’s uptrend against the top cryptocurrency was broken. Following a full 50% retrace of the rally against BTC, Chainlink is now “ready to continue,” according to one crypto analyst. Here’s what that […]

Chainlink (LINK) has been one of the fastest-rallying coins over recent weeks. The leading Ethereum-based cryptocurrency underwent a strong bounce from its $7.75 lows to a recent high just shy of $12. This meant that from the lows, Chainlink gained over 45%, making it one of the top-performing coins from the September lows. LINK has […]

Chainlink has been struggling to break above $11.00 throughout the past few days and weeks. This level has become a strong resistance for the cryptocurrency, and both bulls and bears have largely reached an impasse. Although Chainlink has a history of forming price trends independent of the rest of the market, it has lost some […]