LINK surged by a total of 10% over the past 2-days as it reaches $2.80.It has now reached resistance at the 100-days EMA as it sets its sights to head above $3.00.Against Bitcoin, LINK has also surged as it climbs from 0.00033 BTC to reach 0.00038 BTC.Key Support & Resistance LevelsLINK/USD:Support: $2.75, $2.60, $2.40.Resistance: $2.80, $3.00, $3.17.LINK/BTC:Support: 0.00036 BTC, 0.000345 BTC, 0.00033 BTC.Resistance: 0.000385 BTC, 0.0004 BTC, 0.00042 BTCLINK/USD: Chainlink surges Into...Read More »
While Chainlink remains indecisive in a rising triangle, buyers continue to show commitment on the short-term.If LINK can break above the 38200 SAT level, the bulls might regain control of the market momentum.Chainlink is still facing strong support across its trading pairs.LINK/USD: Chainlink Looking For BreakoutKey Resistance Levels: $2.4, $2.75, $4Key Support Levels: $2, $1.52, $1.35LINK/USD. Source: TradingViewThis week, Bitcoin and altcoins have seen a small bounce from their immediate...Read More »
BitcoinBitcoin witnessed a 22% price increase over the past seven days as it bounced from the $5,000 level and climbed back above $6,000 to reach the current price of $6,500. It had found strong support at $4,800 during the March market crash and traded sideways between here and $6,000 for the past week until breaking above in yesterday’s session.From above, the first level of resistance lies at $6,800. Above this, resistance lies at $7,000, $7,200 (bearish .5 Fib Retracement), and $7,500....Read More »
LINK has found strong support at the January opening price of $1.72.The cryptocurrency has dropped by a steep 64% from the March high of $5.02.It is finding support at 0.000345 BTC against Bitcoin as the buyers try to defend the area.Key Support & Resistance LevelsLINK/USD:Support: $1.72, $1.60, $1.50.Resistance: $2.00, $2.20, $2.40.LINK/BTC:Support:0.000346 BTC, 0.000332 BTC, 0.00032 BTC.Resistance: 0.000367 BTC, 0.00038 BTC, 0.00038 BTC..LINK/USD: Creates Fresh 5-month Low After Market...Read More »
Until a few hours ago, Chainlink, the decentralized-oracle, had a market cap of over $1 billion as the 11th biggest cryptocurrency by market cap. Today the LINK token is among the worst-performing digital assets, following a massive price slump. Its situation got even worse on Binance, where it flash-crashed to a low of $0.01 (!) before quickly recovering.Chainlink (LINK) For $0.01The cryptocurrency market is going through one of its worst trading days in history. Most coins are noting...Read More »
Bitcoin (BTC)Bitcoin price managed to increase by a total of 5.58% over the past 7-days of trading after rebounding from the support at $8,550 provided by the downside 1.618 Fibonacci Extension level. After bouncing, the cryptocurrency managed to travel higher as it broke the $9,000 level in yesterday’s session to reach $9,150 today.From above, the first level of resistance lies at $9,200 (bearish .382 Fib Retracement). This is followed by resistance at $9,400, $9,450 (bearish .5 Fib...Read More »
Chainlink Price Analysis: Despite Decent 15% Daily Surge, LINK Fails To Maintain The $5 Mark: Pull-Back Upcoming?
Following recent price volatility, Chainlink (LINK) facing tough resistance around $4.9.While Bitcoin remains steady, the price of Chainlink has continued to surge over the past days.The bullish sentiment may end soon if Link doesn’t break above $5LINK-USD: Trapped In a Key Resistance AreaKey Resistance Levels: $4.9 – $5, $5.5Key Support Levels: $4.4, $3.8Two days ago, we mentioned the possible bullish momentum after spotting a head-and-shoulders pattern that was formed on the 4-hours chart....Read More »