Tag Archives: Chainlink (LINK) Price

Bitcoin and most altcoins have retraced slightly in the past 24 hours, after a few days of gains. Interestingly, similar price fallbacks are visible in the traditional stock markets, as the Dow Jones is down by 1.4%.Bitcoin’s False BreakoutAfter the unsuccessful attempt to conquer $9,500, Bitcoin hovered above the significant 50-MA level at $9,300. However, the primary cryptocurrency has since slipped below it as it went from $9,440 to its current position at $9,150 in a few hourly candles....

Chainlink continues with its impressive price performance after reaching a new all-time high today. Interestingly, the latest surge coincided with the launch of China’s Blockchain Service Network, which integrated Chainlink’s price oracles into its ecosystem.China’s BSN LaunchesAs CryptoPotato reported in March this year, the world’s most populated country planned to introduce a DLT-based platform called the Blockchain Service Network (BSN). It allows the development of applications, smart...

Numerous alternative coins are booming during the past 24 hours, while Bitcoin remains stable. Consequently, this has raised the question of whether or not the cryptocurrency market is entering another altcoin season.Altcoins PumpingThe majority of the market is well in the green today, with some impressive gains from altcoins. Yet, none has increased its value from the top 100 coins by market cap more than Dogecoin (DOGE).Its surge of over 50% means that DOGE is now trading at $0.0043 and 46...

The past 24 hours were somewhat positive for most financial markets, including the cryptocurrency field. While Bitcoin was on the rise and gained $300 intraday, the S&P 500 index and the Dow Jones are up by nearly 2%. Nasdaq marked a new all-time high after an increase of 2.2%Crypto Market Goes UpAlthough Bitcoin was fighting to remain above the coveted $9,000 mark hours ago, the bulls managed to gain control and pushed it upwards. The primary cryptocurrency registered price increases as...

After failing to reclaim the $9,300 mark yesterday, Bitcoin’s price went on a negative spiral down to $8,950 on some exchanges.As it typically happens, most alternative coins followed the adverse move and have charted losses in the past 24 hours.Bitcoin Dips Below $9kAs reported yesterday, the primary cryptocurrency made an indecisive attempt to reconquer the $9,300 level. Although it failed, the asset managed to hover around $9,200.In just a few hourly candles, however, BTC went on a sharp...

The price slowly recovers after finding small support around $4.27.The daily decrease in volume shows that bears may be around the corner.LINK/USD: Trading Volume Is Fading AwayKey Resistance Levels: $4.9, $5, $5.5Key Support Levels: $4.27, $3.9, $3.5LINK/USD. Source: TradingViewChainlink’s performance has been quite impressive during the second quarter of 2020. The bulls are still trying to remain in control of the market.Looking at the volume on the daily chart – which reveals a consistent...

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...