Analyst: Chainlink Could Dive Towards $8.00 Before Extending Uptrend
Chainlink has been one of the few altcoins to see some notable momentum throughout the past few days, as most altcoins have been struggling to rally despite the overt bullishness seen by Bitcoin. The crypto remains well below its 2020 highs of $20.00 that were set a few months ago, but it could be just […]
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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) 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 […]
A brief pause in the Chainlink (LINK) uptrend has prepared the token for a major bull run. That is according to a technical indicator that has emerged following LINK’s latest rebound. Dubbed as “Bull Flag,” the pattern appears as a downside correction during an uptrend. Most traders treat its occurrence as a sign of bullish […]
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 […]
Chainlink (LINK) rallied after it broke the $18.00 and $20.00 levels, while bitcoin and Ethereum remained in a range. The price is correcting gains, but dips could be limited below $21.50. Chainlink token price is gaining strength and it already broke the key $20.00 level against the US dollar. The price is correcting lower from […]