Shocking many traders, Chainlink (LINK) continued to rocket higher after our last update on the cryptocurrency. Published about two hours ago, the altcoin had passed above $7.00 for the first time ever.Now, LINK is trading at $8.21 — touching $8.50 just minutes ago as the asset has truly gone parabolic.Chart of LINK's price action over…
Chainlink’s LINK token is amid a “full-blown parabolic advance,” according to forex analyst Cole Garner.The on-chain data investigator mentioned a string of technical and fundamental indicators that hint further gains for the altcoin.The analogy appeared as LINK climbed to its lifetime high against Bitcoin on Wednesday.LINK, an altcoin powering the Chainlink’s decentralized oracle network, is…
Calling Chainlink’s (LINK) recent price performance impressive would almost be an understatement.The cryptocurrency has been on a tear over the past three days. After printing a topping pattern near $4.70, the altcoin rocketed higher by around 50%, reaching a high of $6.60 on Wednesday.Despite the pullback to $6.30, LINK is still up by over 300%…
Although Bitcoin still can’t break above $10,000, nor can Ethereum overtake $250, Chainlink continues to set new record high after high. Even today, the crypto asset keeps raising the stakes on its all-time high.But as new highs are set, the price action has not only triggered but perfected a sell setup on monthly timeframes. Could…
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…