Oracle tokens LINK and BAND continues heading higher despite a bearish correction phase in the rest of the crypto market. The rallies show traders’ growing speculation of the DeFi cryptocurrencies. On a day when the cryptocurrency market is correcting lower, two Oracle tokens have moved in the opposite direction. Decentralized Finance’s top assets–Chainlink’s LINK and…
Chainlink plunged during the Thursday trading session in what appears to be a sell-off caused by profit-takers. The latest decline appeared as a part of a downside correction that started a day after Chainlink set an all-time high at $8.93. Meanwhile, favorable fundamentals in the form of new strategic partnerships kept the token above crucial…
Chainlink’s native token LINK slipped about 10 percent a day after establishing its all-time high at $8.53. The downside correction, nevertheless, failed to dismiss the prevailing bullish sentiment as LINK rose by more than 10 percent in the last 24 hours. Santiment’s latest research shows that the token may continue its uptrend based on favorable…
Demand for Chainlink skyrocketed following the weekly candlestick open. As buy orders began to pile up, the decentralized oracles token saw its price rise by 38.5%. LINK surged from $4.75 to reach a new all-time high of $6.60.Despite the substantial upswing, investors seem to have taken advantage of the price action to take profits. Data…
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…
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 (LINK) has by far been one of the most bullish cryptocurrencies throughout both 2019 and 2020, with the crypto rallying to highs of nearly $5.00 in mid-February, which is around when the aggregated market lost its momentum and began to crater.This market-wide downtrend has proven to be devastating for virtually all cryptocurrencies’ market structures,…
Although the entire crypto market, Bitcoin included, has posted stellar gains since December’s bottom, some digital assets have been performing better than others.One such altcoin is Chainlink (LINK) — a prominent blockchain project linking off-chain data to platforms like Ethereum. This crypto has gained a jaw-dropping 200% since the December bottom that was established near…
Chainlink’s price action throughout 2019 and 2020 has been unprecedented, with the crypto incurring intense upwards momentum in spite of the turbulent price action seen throughout the aggregated market.This firm uptrend has allowed the cryptocurrency to recently set fresh all-time highs against USD, with it just setting fresh all-time highs against its BTC trading pair…
Cryptocurrency investors are seeing red this week, as are investors in the stock market and just about any financial market due to widespread fears over the coronavirus.But there’s one cryptocurrency that is defying all odds and market conditions and has just reached above its previous all-time high daily close.Chainlink Eyes New All-Time High Even Admist…