Chainlink Could Soon Rocket Towards $16.50 as Bulls Stay in Control
Chainlink’s price action as of late has been quite positive, with bulls shattering the resistance that previously sat around $12.00 and gaining momentum as the aggregated DeFi sector rebounds. The cryptocurrency has held up quite well today despite some turbulence seen by Bitcoin and Ethereum. The latest selloff seen by the benchmark cryptocurrency has come […]
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Like many other altcoins, Chainlink (LINK) faced a strong correction in September and October after the summer highs were set. From its summer high and all-time high of $20, set in the middle of August, LINK corrected more than 50%, bottoming around $7. As of this article’s writing, Chainlink trades for $10.86, down around 4% […]
Chainlink has been one of the most volatile altcoins throughout the past several days and weeks, with its buyers and sellers both vying for control over its near-term trend. This has resulted in the cryptocurrency seeing some relatively large price movements, with a bout of capitulation sending it down to lows of $7.50 earlier this […]
Chainlink has seen some mixed price action over the past few days, with buyers and sellers both struggling to gain control of its mid-term trend as its price hovers within the mid-$12.00 region. This has long-been a consolidation channel for the cryptocurrency, with the resistance at $13.00 often proving to be too much for the […]
Chainlink’s price has been caught within a tight and prolonged consolidation phase throughout the past few days and weeks, with buyers and sellers being unable to gain any clear control over its mid-term outlook. Its price action has been moving in lockstep with that of Bitcoin, signaling that it may be losing the independence that […]
Bitcoin’s recent underperformance against altcoins came to a swift end today, with bulls allowing the crypto to rocket higher while bears struggle to slow its ascent The cryptocurrency is now in the process of erasing much of its recent losses, with bulls targeting further upside This rally has taken the wind out of many altcoins’ […]