Altcoins such as Chainlink took a strong beating over the past three days, plunging dozens of percent from their recent highs as Bitcoin and Ethereum plunged lower. While some altcoins remain near their lows as, LINK has undergone a strong bounce that has brought the cryptocurrency 25% higher in the past 24 hours. Analysts, though,…
Chainlink has been flashing some mixed signs to investors in recent weeks, with the cryptocurrency rallying as high as $18.00 earlier this week before plunging to lows of $15.00 earlier today. Bulls are now attempting to stabilize it within the upper-$15.00 region, with the chances of it seeing further downside growing as it fails to…
Chainlink faced a grim rejection at just below $18.00 yesterday, which struck a blow to the technical strength that it had been expressing throughout the past few days and weeks. Because LINK has since reeled below the support it was forming at $17.00, it now appears that the crypto may continue trading within the long-held…
Chainlink has been flashing some signs of strength throughout the past few days and weeks, with the cryptocurrency’s securing a relatively strong foothold above the $17.00 region following its latest surge. It has established the upper-$17.00 region as resistance, as a rally up to this area earlier today was followed by a strong rejection that…
Chainlink (LINK) has surged 10% higher in the past 24 hours, regaining strength while Bitcoin and Ethereum consolidate in the middle of their ranges. The popular altcoin is poised to press higher in the days ahead according to a number of analysts, who argue that the fundamentals of Chainlink remain strong. This rally comes as…
After an extended period of consolidation, Chainlink’s price is finally breaking out as it begins navigating back up towards its all-time highs. This intense momentum that has guided it higher today came about as a result of its bulls shattering the resistance it was previously facing around $16.00, with the break above this level also…
Following a 157% bull rally throughout the first half of August that saw Chainlink hit a new all-time high of $20, this cryptocurrency entered a massive downtrend. As sell orders began to pile up, LINK took a 36% nosedive to reach a low of $12.8 on August 21. Over the past few days, however, the…
Chainlink (LINK) is trading nicely above the $14.00 support zone against the US Dollar. It seems like the bulls are setting up for another rally if the price clears the $16.00 resistance. Chainlink token price is trading above the main $14.00 support zone against the US dollar. The bulls are facing a major resistance near…
Chainlink has been forming what appears to be a strong base of support within the mid-$13.00 region, as each dip here has resulted in it seeing a strong rebound. This is leading analysts to note that upside may be imminent, as the multiple strong reactions to this level throughout the past several days is a…
Chainlink has seen a swift rebound today after posting some intense weakness yesterday. This has allowed it to recapture its position above $15.00, and it is now showing some signs of technical strength as analysts watch for further upside. In the near-term, which direction it trends may depend largely on its ongoing trendline breakout, which…