Tag Archives: Chainlink (LINK) Price

After a few consecutive days of price drops, bitcoin has regained some value and has jumped to around $33,000. However, most alternative coins have outperformed their leader with massive gains and have reduced BTC’s dominance over the market to 64%.Exploding Alts, New ATH For LINKThe past several days have been rather harmful to the altcoins as the cumulative market capitalization lost about $200 billion to beneath $900 billion.However, most alts have bounced off hard in the past 24 hours...

During the past seven days, we saw an extended correction in Bitcoin’s price which failed to recover to its previous all-time highs. However, while BTC is down, a lot of altcoins started popping and gaining some serious value. For this week’s analysis, we’ve decided to take a closer look at Bitcoin, Ethereum, Ripple, Polkadot, and Chainlink.BitcoinBitcoin is down by a further 18% this week, dropping by a steep $10,900 to reach a low at $28,900. The cryptocurrency was trading at the upper...

LINK/USD – LINK Retreats From New $24.70 ATHKey Support Levels: $19.20, $18, $17.52.Key Resistance Levels: $20.77, $21.57, $22.82.Despite dropping 20% over the past four days, LINK is still up by a strong 25.6% this week. It had surged higher to break the previous ATH price and set a new one at $24.70.There, it ran into resistance at a 1.272 Fib Extension ad started to head lower. Today, it dropped by a steep 10% as it fell from above $22 to reach the current $19.85 level. Nevertheless, LINK...

BTC’s somewhat adverse weekend ended with the asset bottoming below $34,000, but bitcoin has bounced off since then and topped $36,000. New all-time highs for Binance Coin and Chainlink have helped the market cap to conquer the coveted $1 trillion level again.Bitcoin Tops $36KThe primary cryptocurrency was riding high above $38,000 before the weekend, but the bears didn’t allow any further increases. Just the opposite, they drove BTC’s price south on a few occasions.The asset dipped to...

Prices for Chainlink’s LINK token have skyrocketed over 19% in the past 24 hours propelling it to a new all-time high. From an intraday low of just below $20, LINK has surged to reach its highest ever price of $23.60 according to Tradingview.com.Chart – Tradingview.com@chainlink has solved the biggest challenge for the implementation of smart contracts – connecting blockchains to real world data. $LINK price is $23.55 $USD – 24hr volume of $2.52 Billion $USD. $LINK is up 17.20% in 24 hours....

Following an unsuccessful attempt to overcome the $40,000 price tag over the past two days, BTC headed south once again to an intraday low of about $34,500. Simultaneously, while most alternative coins were in the red, the two large-caps – Chainlink and Polkadot – have both exploded to new all-time highs.Bitcoin Dips To $34.5K But Quickly RecoversThe primary cryptocurrency managed to recover the losses following a “Black Monday” style crash that drove it back to the $30K price area in a...

LINK/USD – LINK Sets Fresh ATH Above $20.77Key Support Levels: $20.77, $20, $19.17.Key Resistance Levels: $21.57, $22.82, $24, $24.70.At the start of January, LINK started to surge higher but became stuck by resistance at $19.17 (bearish .886 Fib Retracement). From there, it started to head lower until support was found at $13 a couple of days ago.LINK bounced from the support at $13.06 on Wednesday and started to push higher. It closed the daily candle yesterday at around $18 and continued...

BitcoinAfter a substantial 44% price surge this week, Bitcoin continued to set new ATH prices today at $42,000. The cryptocurrency started the year off underneath the $30,000 level after a strong performance in December 2020.From there, it broke $30,000 last Saturday as it continued to push higher. On Monday, there was a brief spike lower toward $28,000, but this was quickly bought up as traders closed that daily candle above $32,000.Throughout the rest of the week, BTC continued to set new...

LINK/USD – LINK Finally Breaks December ResistanceKey Support Levels: $14.30, $13.50, $13.Key Resistance Levels: $15, $15.66, $16.73.LINK pretty much traded sideways throughout December. Our previous LINK analysis stated that it must break either $14.30 or $11.50 to dictate the next direction. Although it briefly penetrated below $11.50 toward the end of December, it never closed a daily candle beneath $11.In January 2021, LINK started to push higher from $11 as it increased by a total of 33%...

BitcoinBitcoin saw a further 7.5% price surge over the past week, with today’s 5% price hike putting it at a new ATH of $24,660. The cryptocurrency had penetrated above  $20,000 on December 16th, and it continued to rise last week until it met resistance at $23,853 (1.618 Fib Extension – purple).The buyers struggled to break this resistance over the last few days as it went on to trade sideways between $23,853 and the support at $22,708 (.236 Fib Retracement).Bitcoin rebounded from the lower...