Tag Archives: Chainlink (LINK) Price

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...

LINK/USD – LINK Indecision Causing Sideways ActionKey Support Levels: $12, $11.50, $10.50.Key Resistance Levels: $13.50, $14.30, $15.LINK is currently trapped in a period of indecision as it bounces between $14.30 and $11.50. The coin has been unable to claim either of these boundaries for the entire December but is battling to remain above a three-month-old rising trend line.It surged higher from $11.50 last week but could not close a daily candle beyond $13.50 over the weekend, causing it...

LINK/USD: Link Bounces Back SlightlyKey Resistance Levels: $14, $16, $17.34Key Support Levels: $11.2, $9.6, $7.29LINK/USD Chart. Source: TradingViewChainlink increased by a small 1.3% today due to the slight recovery in the entire crypto market since last Friday. It’s now priced at $12.6. Despite the latest corrections, LINK still appears bullish on the daily chart. It recently found support on the ascending trend line drawn from September’s low.Looking at the 4-hours chart, LINK is yet to...

After reclaiming the $19,000 bitcoin’s chances to break above $19,400 seem more likely. Most altcoins have slightly increased their value in a day, with Ethereum closing down to $600.Bitcoin Stays Above $19KFollowing last week’s roller-coaster that resulted in bitcoin dipping to $17,500 on two occasions, the primary cryptocurrency started to gain value during the weekend.CryptoPotato reported that the asset firstly overcame $18,000 before doing the same with the $19,000 level. In the past 24...

This week had the entire cryptocurrency market painted in red as Bitcoin withdrew to a low of $17,650 before recovering to where it currently trades at. All of the altcoins followed suit, and as a result, they’ve charted substantial decreases over the course of the past seven days, as seen in the graph below.Bitcoin lost roughly 5.6% over the past 7 days now. Following the latest drops, the leading cryptocurrency is now floating around $18,000.However, its long-term bullish trajectory is...

Despite briefly dipping beneath $19,000 after another rejection, bitcoin has reclaimed that coveted level and currently trades above it. Most alternative coins have lost some steam since yesterday and have charted minor losses.Bitcoin Stopped At $19,400The primary cryptocurrency had a mostly calm weekend following the highly volatile week. Bitcoin displayed stagnation around the $19,000 mark with a few unsuccessful attempts to break above $19,400.In the past 24 hours, BTC tried to break above...

LINK/USD – LINK Remains Within Ascending Triangle BoundariesKey Support Levels: $13, $12.50, $12.Key Resistance Levels: $0.15, $15.66, $16.73.Over the past fortnight, LINK surged higher from the $12 support to push into the resistance at the upper boundary of a 2-month-old rising price channel. The resistance there was further bolstered by a bearish .786 Fib Retracement at the $15.66 level.LINK was unable to break this line and it started to head lower last week. It dropped into the support...

BitcoinBitcoin saw a slight retracement from its bullish rally this week after dropping 6.3% over the past 7 days. The cryptocurrency started the week on a bullish footing as it climbed higher from $18,000 and reached as high as $19,500. Unfortunately, it could not close a daily candle above $19,265 (1.272 Fib Extension) during the week.Yesterday, Bitcoin dropped by a steep 10% to the $17,000 region. The decline continued today as BTC fell into the $16,375 support – provided by a .5 Fib...

After exploding to new yearly highs and displaying extreme volatility levels, Bitcoin has retraced beneath $17,500. Most alternative coins have followed suit, and the market capitalization has fallen below $500 billion.Bitcoins Tanks To $17,500The past several days have only exemplified Bitcoin’s impressive run in Q4 2020. The primary cryptocurrency was struggling beneath $16,000 for a bit before initiating a remarkable leg up that resulted in new records.BTC painted a new yearly high –...

Following the recent roller-coaster that resulted in a few massive four-digit price movements, Bitcoin appears to have calmed north of the $18,000 price tag. The alternative coins also followed the volatility ride but have ultimately lost market dominance against BTC. More interestingly, Bitcoin has managed to reach an all-time high value in terms of its market capitalization, despite the price being lower than back in 2017. Bitcoin Calms After The Storm People use many words...