Chainlink, the seemingly unstoppable superstar performer of the cryptocurrency market for nearly the last two years running, may be finally out of steam.According to the asset’s price parabola, the long-standing uptrend could be approaching its end. If and when the parabola does break, massive profit-taking could cut the altcoin’s valuation down to size.Chainlink’s Astronomical Rise…
Chainlink’s immense uptrend has stalled in recent times as the cryptocurrency struggles to gain a firm foothold within the $4.00 region.Although it has yet to see any swift rejection, it has been flashing some signs of weakness as it underperforms Bitcoin and the aggregated crypto market.Analysts are noting, however, that the cryptocurrency could be well…
Chainlink’s immense strength throughout the past couple of years has allowed the cryptocurrency to become one of the most bullish digital assets.This price action has allowed it to form a market structure that led it up to fresh all-time highs just a couple of months ago.Analysts are now noting that the crypto is well positioned…
Chainlink has been the superstar standout altcoin of the crypto market for the last two years running.And while the 11th ranked crypto asset has outperformed nearly everything else in the space, its momentum may soon come to a screeching halt as an accurate sell signal has triggered on the altcoin’s daily price charts.Remembering Chainlink’s Rise…
Like Bitcoin and other crypto assets, Chainlink (LINK) has been on a remarkable rally since the lows. The leading cryptocurrency this week hit a high of $4.20 — up 170% from the lows of March 12th — per data from Tradingview.LINK has only held above $4.00 for a short period of time. But a prominent analyst…
Chainlink has seen a notable recovery from its daily lows today, as the crypto’s bulls have stepped up and defended against it seeing further underperformance of Bitcoin and other altcoins.This comes as the cryptocurrency sees some notable fundamental developments, including an imminent listing on Gemini as well as the integration of multiple Chainlink oracles on…
Chainlink’s immensely bullish uptrend came incredibly close to being invalidated last week during the market-wide downturn, but bulls have since been able to propel LINK higher and bolster its market structure.One top trader is now noting that he is anticipating the crypto to see near-term upside.This possibility could be further enhanced by bull’s ongoing attempt…
It’s no secret that Chainlink (LINK) has been one of the most bullish cryptocurrencies throughout both 2019 and 2020, with the altcoin incurring explosive momentum that it has been able to maintain in spite of the market-wide weakness seen throughout the past few weeks.The crypto is now at risk of invalidating its latest uptrend, as…
Chainlink, the explosive cryptocurrency that recently set its all-time high amidst the peak coronavirus panic, has just triggered a sell signal on the TD 9 Sequential indicator across both the USD and BTC trading pairs.Is this unstoppable altcoin’s growth finally coming to a halt, or is this yet another minor bump in the road in…
Chainlink’s immense bullishness seen throughout 2019 spilled into 2020, with the market-wide uptrend in January and February sending the crypto to fresh all-time highs. Even in the face of intense bearishness over the past few weeks, LINK has been able to incur some parabolic momentum.This momentum, however, may not last too long, as the cryptocurrency…