Chainlink (LINK) looks for momentum while pro traders target $40

Chainlink (LINK) looks for momentum while pro traders target $40

LINK price is struggling to maintain its bullish momentum but derivatives data shows a clear path to $40 in the long term. Chainlink (LINK) is the leading oracle provider, and the project has onboarded over 281 crypto projects in 2021. Some of these include heavyweights like Huobi's ECO Chain, the Hedera Governing Council, and Alchemix. Launched in Oct. 2020, Chainlink's verifiable randomness function, or VRF, has also gained notoriety among decentralized applications (dApps). VRF provides an automated source of randomness to ensure prizes and rewards are issued in a verifiably fair....


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Charted: Chainlink (LINK) Rejected $11, And It’s Vulnerable to a Drop Below $...

Chainlink (LINK) started a fresh increase, but it struggled to clear the $11.00 resistance. There is now a risk of a sharp decline below $10.50 if there is no break above $11.00. Chainlink token price is struggling to gain momentum above $11.00 and $11.10 against the US dollar. The price is still trading well above […]

Chainlink (LINK) Still Looks Good Despite Loss of Upward Momentum

Chainlink (LINK) has been one of the fastest-rallying coins over recent weeks. The leading Ethereum-based cryptocurrency underwent a strong bounce from its $7.75 lows to a recent high just shy of $12. This meant that from the lows, Chainlink gained over 45%, making it one of the top-performing coins from the September lows. LINK has […]

Chainlink Traders Should Check These Factors Before Cutting Losses

Chainlink price has consistently been negative as seen in the past couple of hours.         Chainlink outskirting other cryptocurrencies with higher market cap         The crypto is registering weekly gains of 13%; with no red zones         LINK price down by 9.25% Looks can deceive and Chainlink (LINK) is a proof of that as it outskirts other altcoins that have comparably higher market cap. Chainlink is performing at its peak as seen in the past seven days, registering heightened gains of 13% with no reds evident on the charts. Today, the market was looking bullish but hints a negative....

Charted: Chainlink (LINK) Holding Key Support, Why Bulls Could Aim $15

Chainlink (LINK) gained momentum after it broke the $13.00 resistance. It traded towards $14.25 before correcting lower sharply, but it seems like dips remain limited. Chainlink token price rallied above the $13.00 and $13.50 resistance levels against the US dollar. The price surged towards the $14.25 level and settled above the 100 simple moving average […]

Charted: Chainlink (LINK) Surges 25%, Why It Could Face Resistance Near $16

Chainlink (LINK) is up 25% and it broke many hurdles near $14.00, similar to bitcoin and ethereum. The price is now approaching a major resistance near the $16.00 level. Chainlink token price is gaining bullish momentum above $14.00 against the US dollar. The price is now trading above the $15.00 level and the 100 simple […]