Chainlink Price Consolidates, How Long Will The Bulls Stick Around?
Chainlink price has been moving sideways over the past day. In the last 24 hours, the coin has only increased by 0.4%. Broader market price sentiments have crept in and many major altcoins have followed suit. In the past week, Chainlink has gained close to 6%. It continues to struggle within the $7 price zone. For the coin to see bullish force yet again, it is imperative that LINK travels above the $8 price level. The technical outlook of LINK has also indicated that bullish strength has started to exit the market. Demand for the altcoin has fallen, which has caused sellers to increase in....
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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 (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 […]
Chainlink (LINK) started a strong upward move from the $7.32 low against the US Dollar. The bulls are now facing a strong resistance near $10.50, $11.00, and the 100 SMA (H4). Chainlink token price gained nicely above the $8.50 and $9.00 resistance levels against the US dollar. The price is now facing hurdles near the […]
Chainlink (LINK) seems to be following a nice uptrend above $12.00. There are high chances of more gains once the bulls manage to clear the $13.10 and $13.50 resistance levels. Chainlink token price is trading in a positive zone above the $12.00 support against the US dollar. The price is facing hurdles near $13.10, but […]
Chainlink’s price action has been closely following Ethereum’s as of late, but it is beginning to break free of this correlation and gain some independent momentum. This comes as the wider crypto market continues its ascent, with altcoins surging as Bitcoin consolidates around $18,000. It does appear that there is an ongoing rotation of capital […]