Tag Archives: Chainlink (LINK) Price

It’s been a fruitful year for ChainLink (LINK) and its investors despite the pandemic-induced market downturn in mid-March. The project has not only recorded significant partnerships and developments since the start of 2020 but has also seen a massive boost in the number of crypto traders and investors holding the LINK token.LINK Holders Surpass 160k In 6 MonthsAs of January 1st, 2020, the total number of addresses holding ChainLink’s native cryptocurrency was around the 80,000 level....

Chainlink broke down from a channel after reaching $4.9 during a three-month rally.Against Bitcoin, it started to form a symmetrical triangle pattern after recording a yearly high at 56739 SAT in March.LINK regained momentum with an 8% surge overnight.LINK/USD: Chainlink Dropped Off Short-Term ChannelKey Resistance Levels: $4.25, $4.5, $5Key Support Levels: $3.5, $3, $2.8LINK/USD. Source: TradingViewFollowing Bitcoin’s crash to $8900 yesterday, Chainlink’s price dropped by almost 5% to a...

The price is currently up by 2.2% as bulls continued to gain control over the short-term.After gaining support around 45000 SAT, Link bounced back and charge towards last week’s high of 47267 SAT level.Link is now consolidating around $4.5 after rejecting $4.9 (February’s resistance) last week.LINK/USD: Link Remains Neutral Above $4Key Resistance Levels: $4.9, $5, $5.5Key Support Levels: $4.25, $3.5, $3LINK/USD. Source: TradingViewChainlink failed to resume buying pressure since the price...

Chainlink broke almost a three-month high following 7% daily gains.While it remains bullish on the daily chart, buyers may encounter dynamic resistance at 48000 SAT.LINK/USD: Chainlink Breaks Above $4.3Key Resistance Levels: $4.9, $5.5, $6Key Support Levels: $4.3, $3.5, $3LINK/USD. Source: TradingViewAfter a full recovery from March collapse, Chainlink paused and consolidated for almost five weeks due to low trading volatility. But now, it is beginning to show strength again after rising by...

BitcoinBitcoin saw a small 3% price increase over the past seven days as it currently trades around the $9,433 level. The cryptocurrency had started the week off by dropping beneath $9,000 and reaching the support at the rising trend line. Luckily, the buyers managed to defend this support to prevent BTC from slipping into a bearish trend.Bitcoin rebounded from the rising trend line over the past three days as it breached the $9,000 resistance again and continued as high as $9,600. It has...

The price is slowly breaking away from a 2-month channel as bullish action holds.While Chainlink struggles below the key resistance level, the price is currently looking indecisive on the daily chart.LINK/USD: Chainlink Remains In A Tight RangeKey Resistance Levels: $4.3, $4.5, $4.9Key Support Levels: $3.3, $3, $2.52LINK/USD. Source: TradingViewChainlink continued to maintain a sideways movement for the past weeks, leaving the market in an indecisive stage. The price failed to resume its...

BitcoinBitcoin had an interesting 7-day trading period as the coin dropped by a small 3% over the week. However, this is because BTC fell by a strong 10% over the weekend as the coin fell from $9,600 to reach as low as $8,500. It rebounded from here and started to climb after the halving occurred earlier in the week.After rebounding, Bitcoin reclaimed the $9,000 level and continued upward to reach the resistance at $9,815 yesterday. It dropped lower from this level today to reach the current...

Link looks indecisive after witnessing a 1.92% loss over the past few hours.The price is trapped in a channel as the bullish trend remain valid across trading pairs.Chainlink continues to hold key demand level at $3.47 after a series of rejections.LINK/USD: Chainlink Is Trapped In a Tight RangeKey Resistance Levels: $4, $4.26, $4.5Key Support Levels: $3.47, $3, $2.63LINK/USD. Source: TradingViewWhile most top altcoins dropped below their immediate supports following the recent fall in...

Despite the ongoing correction, Link remained relatively stable today.The price is likely to bounce back if the channel’s lower boundary continues to act as support.Chainlink would continue to correct downward as long as selling volume increases in the market.LINK/USD: Chainlink Struggles Under $4Key Resistance Levels: $4, $4.5, $4.98Key Support Levels: $3.47, $3, $2.63LINK/USD. Source: TradingViewSince our previous analysis, Chainlink continued to trade sideways after reaching an 8-week high...

Chainlink hit $4 following a 5% gain, but buying pressure is getting weak by the day.A break below the 7-week channel could bottom Link straight to $2.5Link returned gains after losing the 50000 SAT support-turned-resistance levels.The price is moving in the opposite direction across trading pairs.LINK/USD: Price Continues To Hold In A ChannelKey Resistance Levels: $4, $4.5, $4.98Key Support Levels: $3.47, $3, $2.63LINK/USD. Source: TradingViewWith a small 5% increase, Chainlink’s price hits...