Trader: Chainlink Could “Dumpster Dive” if Bitcoin Sees Continued Weakness
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 […]
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Chainlink has been showing signs of weakness throughout the past few days, but this trend may be shifting as the cryptocurrency rebounds today alongside Ethereum and other major altcoins. The introduction of Ethereum 2.0 – with a scheduled release in December – is the event that is driving this rally. There’s a strong possibility that […]
Chainlink has been closely tracking the aggregated cryptocurrency market throughout the past few days and weeks This has caused it to see some notable consolidation, as well as some slight downside throughout the past 24-hours The main source of selling pressure on LINK’s price has been the weakness seen across the aggregated market ETH and […]
Few coins in the crypto world have performed anywhere near as well as Chainlink – Bitcoin included. After nearly three steady years of overperformance against the most dominant cryptocurrency, LINKBTC could have also topped alongside the USD pair. One top crypto trader with a track record of successful calls has shared a new chart outlining […]
Chainlink’s price action throughout the past few days and weeks has done little to provide investors with insight into its near-term outlook, as it has mainly been consolidating between lows of $7.50 and highs of $11.00. The cryptocurrency has seen some notable momentum throughout the past 24-hours, but it is struggling to push higher as […]
Chainlink’s price is sliding lower today as the entire crypto market shows some signs of weakness. Its ongoing descent comes as BTC breaks below $19,000 and as other cryptocurrencies like ETH also turn lower. So far, the decline seen by LINK has been tempered, but it is rapidly approaching a crucial support level that has […]