Chainlink Shows Signs of Weakness, But Development Activity is Bullish

Chainlink Shows Signs of Weakness, But Development Activity is Bullish

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 […]

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Chainlink Shows Signs of Weakness Against BTC as Price Slides Lower

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 […]

The Supply of Chainlink Owned by Whales is on the Decline; Here’s Why

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 […]

Chainlink Whales Continue Accumulating Despite Signs of Technical Weakness

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 […]

Data Shows New Investors Flooded into Chainlink in 2020; Upside Imminent?

Over the past few weeks, Chainlink’s price action has been nothing short of lackluster, with the cryptocurrency failing to gain any serious momentum as investors widely shift their focus away from altcoins and towards Bitcoin. This trend shows few signs of letting up anytime soon, as most major altcoins are all stagnating as BTC continues […]

Charted: Chainlink (LINK) Prints Bullish Break, But Facing Uphill Task Near $10

Chainlink (LINK) found a strong buying interest above the $8.50 support against the US Dollar. The price is now trading nicely above $9.20, but it must surpass $10.00 for more gains. Chainlink token price is showing positive signs above the $9.20 resistance against the US dollar. The price is now trading above the 100 simple […]