Chainlink (LINK) Loses Gains Due To Market Bloodbath, Is Rebound Possible?

Chainlink (LINK) Loses Gains Due To Market Bloodbath, Is Rebound Possible?

The cryptocurrency market has been facing high volatility at the time. With Bitcoin recording over 13% loss on the day, altcoins took effect and plummeted heavily. Similarly, Chainlink lost its gains following the market trend. But, the token established itself as one of the top gainers on the same day and marked $9.34. Due to turns of events, LINK currently fluctuates a loss of 19.80% and trades at $7.36. This currency made its investors happy with a week-over-week increase of over 3%.  Several key metrics favor LINK maintaining its run in the coming weeks. The token’s underlying....


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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) Correcting Gains, Why Dips Remain Attractive

Chainlink (LINK) rallied towards the $26.00 level before correcting lower, similar to bitcoin and Ethereum. The price is now approaching a major support zone at $21.50. Chainlink token price gained pace after it broke $22.00 and it traded towards $26.00 against the US dollar. The price is correcting gains from $25.89 and it is well […]

Chainlink (LINK) Continues To Shine With Over 14% Gains

Chainlink, the blockchain oracle service provider, continues to keep impressive weekly gains. The token soared with the entire crypto market, bagging over 14% gains. The last week of October has been favorable for the entire crypto market. Just a few days back, the entire crypto market cap crossed the $1 trillion mark. This bullish move acted as a catalyst for most tokens to register substantial gains, including Chainlink.  However, the daily chart has been bearish for most coins. Top coins like Bitcoin and Ethereum are facing measurable losses on the day. However, Chainlink has stood out....

Charted: Chainlink (LINK) Close Above $13.1 Could Trigger Sharp Rise

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 […]

Indicator with 70% Success Rate Sees Chainlink (LINK) At All-Time High

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 […]