Chainlink’s LINK price is showing positive signs pace above $7.20. The price could rise further if it stays above the $7.30 support zone. Chainlink token price is showing positive signs and rising from $7.00 against the US dollar. The price is trading above the $7.30 level and the 100 simple moving average (4 hours). There…
On-chain data shows that Chainlink’s social dominance has observed a large spike after its sharp price surge, a possible sign that the top may be here. Chainlink Social Dominance Rises To 3rd Largest In Cryptocurrency Sector According to data from the on-chain analytics firm Santiment, LINK is the third most trending asset in the market…
Chainlink (LINK) is currently on an uptrend, with the bulls showing much dominance in today’s market. According to data from CoinMarketCap, LINK is up by 16.94% in the last 24 hours, emerging as one of the biggest daily gainers in the crypto market. What’s Driving LINK’s Price Today? According to the on-chain analytics platform Lookonchain,…
In recent trading sessions, Chainlink (LINK) has exhibited a bullish trend. It experienced a significant rebound from its $5 support level and has since continued on an upward trajectory. Over the past week, LINK has surged more than 12%, although its daily chart indicates a slowdown in gains. The coin formed a bullish reversal pattern,…
The Cross-Chain Interoperability Protocol (CCIP), designed for building cross-chain applications and services, has now launched for early access users on the Avalanche, Ethereum, Optimism, and Polygon blockchains. On July 20, the Chainlink protocol will become available to developers across the four blockchains’ testnets and also Arbitrum’s Goerli. As a result of this, the price of…
Chainlink’s LINK price is gaining pace above $7.00. The price could rise further if it clears the $7.35 and $7.50 resistance levels. Chainlink token price is showing positive signs and rising from $6.50 against the US dollar. The price is trading above the $7.00 level and the 100 simple moving average (4 hours). There is…
Over the past week, the Chainlink price has been hovering around its local support level, as altcoins have displayed similar indecisiveness in response to broader market sentiment. However, in the last 24 hours, Bitcoin and LINK experienced slight gains on their charts. LINK saw a 1.5% increase, and its weekly chart indicated consolidation. The altcoin’s…
Chainlink (LINK) was among a subset of cryptocurrencies that made a lower low on daily timeframes recently. A lower low is indicative of a continued downtrend and weakness at support. However, on higher timeframes, technical tell a very different story — one of possible strength building. In fact, a signal has appeared that the last…
Bankrupt crypto lender Celsius Network has begun the process of swapping altcoins for Bitcoin (BTC) and Ethereum (ETH). The recent court approval (June 30) granted the company permission to convert its altcoin holdings into the two leading digital assets, raising concerns about a potential sell-off of popular altcoins. Celsius Network, known for its altcoin lending…
In the crypto market, keeping an eye on the moves of the ‘whales’ – individuals or entities holding large quantities of digital assets, can often provide insights into asset market trends such as Ethereum (ETH) and PEPE. Earlier today, blockchain tracking firm Lookonchain spotted a major shift involving a substantial exchange between leading cryptocurrencies. The…