There’s never a boring day in the cryptocurrency field and things tend to change in the blink of an eye.Just earlier today, the total market capitalization was sitting comfortably at a 14-month high, and it took less than a few minutes for upwards of $10 billion to be wiped off its sheet. This happened as Bitcoin and other cryptocurrencies took a sudden dive.Bitcoin Dives Below $12,000In two violent red candles, the primary cryptocurrency lost about 3.6% of its value as it plunged to a low of...
Read More »Chainlink Analysis: Party Over? LINK Price Tumbles 20% After The Huge Rally
Chainlink dropped by almost 20% today as it fell into the $15.00 support.Against Bitcoin, LINK decreased from the 0.0017 BTC level to reach the support at 0.00127 BTC.LINK/USD: LINK Bullish Momentum Dies Out At $19.50Key Support Levels: $15.10, $14, $13.35.Key Resistance Levels: $17.20, $18, $19.51.Over the weekend, LINK surged higher from the $17 level to reach the resistance at $19.50 (1.618 Fib Extension). LINK managed to spike above $20 yesterday but has since dropped below $17 to reach...
Read More »Bitcoin Slows Down After Touching $12,500: Crypto Market Watch
Bitcoin bulls have successfully retained its price above the psychological $12,000 level after yesterday’s push.Elsewhere, Chainlink retraced considerably since marking consecutive ATHs, while Yearn.Finance reached a fresh all-time high just a few hours ago.Bitcoin Price Holds $12,000The primary cryptocurrency attempted to overcome the $12,000 mark a few times this year without any success. Each time, the bears stepped in and drove the price south rather rapidly.After yesterday’s price surge...
Read More »Market Watch: LINK Records $20 ATH While Bitcoin Stuck Below The $12K Resistance
After some minor fluctuations from $11,750 to nearly $12,000, Bitcoin lowered its volatility level and trading around $11,900. Is BTC getting ready to conquer $12K? We will see.At the same time, most altcoins continue to be volatile again with some massive gains from EOS, Yearn Finance (YFI), and Kava and another all-time high from Chainlink.Chainlink (LINK) At ATH AgainThe altcoin market hasn’t been boring for a long time now, and the past 24 hours reaffirmed it. No words can describe...
Read More »Bitcoin Challenges $12K As Binance Coin (BNB) Skyrockets 9% (Market Watch)
Bitcoin took yet another swing at $12,000 but to no avail so far, while Ethereum continues climbing to $440.Macrodata reaffirms the ongoing bull trend as almost all top 100 digital assets have been in the green in the past three months.Bitcoin Not Yet Conquering $12kAbout three days ago, the primary cryptocurrency was in a bit of a jam as it dipped to $11,100. It began losing its dominance over the market, but the bulls have since regained possession and drove Bitcoin upwards.Their attempt...
Read More »Crypto Price Analysis Aug 14: Bitcoin (BTC), ETH, XRP, LINK, WAVES
Bitcoin (BTC)Bitcoin is more or less around the price it was traded a week ago, but this comes after a raging week as the coin plunged to a weekly low around $11,100.Shortly before, Bitcoin made another push towards the current high at $12,100 (1.272 Fib Extension), for the second time in 10 days. Unfortunately, BTC was unable to sustain this high.Just one day after, Bitcoin lost almost $1000, however quickly recovered to the support level around $11,400 (.236 Fib Retracement and prior high)....
Read More »BTC Dominance At 1-Year Lows as Ethereum Skyrockets 9%
Bitcoin’s dominance over the market continues to suffer even though BTC has recovered from its dips and trades at $11,750.This is primarily because of numerous impressive alt pumps, including Ethereum, which finally broke above $400 after its significant price surge.Ethereum Over $400, LINK (Another) ATH, Alts RejoiceThe second-largest cryptocurrency by market cap is among the most impressive gainers from the past 24 hours. Ethereum dipped below $380 yesterday, but bulls took control and...
Read More »YAM Madness Drove LINK to New ATH Above $17, Will It Last? (Chainlink Price Analysis)
Chainlink surged by another 18.5% today to bring the price for the coin as high as $17.90.This move created a new ATH value for LINK and allowed it to claim the 5th ranked position according to market cap.Against Bitcoin, LINK also created a new ATH value as it reached as high as 153,000 SAT today.LINK/USD: LINK Pushes Into Fresh ATH at $17.90Key Support Levels: $16, $15.10, $14.Key Resistance Levels: $17.90, $19, $19.50.Chainlink is showing zero signs of slowing its pace after it surged by a...
Read More »After 35% Weekly Gains, Chainlink Plunges 15% (LINK Price Analysis)
Chainlink dropped by a sharp 7% today and about 15% in the past two days.Before this drop, LINK had created a fresh all-time high at $14.74, gaining upwards of 35% in a week.Against Bitcoin, LINK is also heading lower as it dropped from the 120,000 SAT resistance to reach 108,000 SAT today.LINK/USD: LINK Rolls Over After Bulls Set Fresh All-Time HighKey Support Levels: $12, $11.40, $10.45.Key Resistance Levels: $14, $14.47, $15.Chainlink has been surging over the past month, being able to...
Read More »Bitcoin Welcomes $12,000 As Market Cap Gains $9 Billion Today
Bitcoin is heading upwards again with another attempt to conquer the $12,000 mark. The altcoin market is also very volatile as Chainlink painted another all-time high.Bitcoin Tries $12KAfter the mostly calm weekend, Bitcoin decided to act and aimed at a familiar target. The primary cryptocurrency went from yesterday’s low at $11,550 to $11,750 in a few hourly candles before surging to $12,050.It has retraced slightly since then and is currently hovering just below the $12,000 mark. So far,...
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