Link resumed its bullish trend after breaking above a crucial resistance line.Buyers may continue the trend if the price increases above the current monthly high.LINK/USD: Link Starts Fresh Increase From $7Key Resistance Levels: $8.2, $8.6, $8.9Key Support Levels: $7.6, $7.3, $7Last week, Chainlink almost hit $9 after breaking above a four-month high with over 90% gain in two weeks. But unfortunately for the bulls, the price got rejected with a weekly correction to near $7 – where it bounced...
Read More »Chainlink Price Analysis: LINK Marines Hold Strong Support At $7.10 But Can They Push Higher?
Chainlink’s price decreased by 7% overnight.It may resume the uptrend if the previous monthly breakout level can hold as support.LINK/USD: Price Holding Above $7.1Key Resistance Levels: $7.83, $8.2, $8.9Key Support Levels: $7.11, $6.86, $5.7LINK/USD. Source: TradingViewEarlier this month, Chainlink saw an impressive 95% surge to reach $8.9 on July 16 after finally claiming the crucial $5 resistance-turned-support level that suppressed bullish actions in the weeks before. Today, however, LINK...
Read More »Market Watch: Stagnant Bitcoin Despite Silver and Gold Price Surge
Although the altcoin market remains highly volatile, most price movements in the past 24 hours have been sharp retraces with a few exceptions.Bitcoin, on the other hand, remains stable and hasn’t left its familiar trading territory of about $9,150-$9,200. In the traditional financial markets, the three largest US indexes are in the green as Nasdaq even tops a new all-time high.ATH For Nasdaq, Bitcoin Metric Suggests A Price DiveMore speculations and promises for a new coronavirus vaccine...
Read More »5 Promising Cryptocurrencies Besides Bitcoin That Can Break Their All-Time High In 2020
While Bitcoin remains relatively calm in its comfort price territory, lots of alternative coins have been fluctuating significantly. Decentralized finance (DeFi) and some prominent developments from several projects initiated serious price increases for various altcoins, and given the decrease in Bitcoin’s dominance, a new altcoin season booms.Chainlink (LINK) continues to impress with its performance, marking new all-time high records one after the other. With that in mind, let’s have a look...
Read More »Market Watch: Binance Coin Surging Following BNB Burn and IEO Rumors, Bitcoin Celebrates In Place
The weekend turns out to be a rather boring one again for Bitcoin’s price as the asset continues hovering at about $9,150.However, the fluctuations within the altcoin market attract attention, with numerous double-digit gainers, led by Binance’s most recent acquisition – Swipe.Twitter Hack And BitcoinAfter the blatant Twitter hack earlier this week, the situation around the social media giant continues to unfold daily. The FBI initiated an extensive investigation, and now recent reports...
Read More »Elon Musk Pumps Dogecoin, BTC Remains Asleep: Saturday Market Watch
Although the Twitter hack had some delayed effects on Bitcoin, the downward move was quickly disbanded, and BTC remained relatively calm.The altcoin market is again showing signs of volatility with numerous examples of double-digit gainers and losers, including Elon Musk’s favorite Dogecoin.Bitcoin Chills On FridayThe largest cryptocurrency by market cap has been stalled in a tight range from $9,000 to $9,300 for over a week now. The events that transpired a few days ago, namely the infamous...
Read More »Bitcoin Continues The Price Strike, As Alt-Season 2020 Exploding: The Crypto Weekly Market Update
During the past seven days, Bitcoin failed to surprise us with anything in terms of price action. It appears that the cryptocurrency continues with its somewhat dormant state as it remained stagnant and rangebound between $9,000 and $9,200.Yesterday, BTC’s price dropped from slightly above $9,200 to around $9,040, sparking worries that things might take a turn for the worst. However, the price has since rebounded, and it’s once again consolidating around $9,150.What Bitcoin lacked in price...
Read More »Crypto Price Analysis & Overview July 17: Bitcoin, Ethereum, Ripple, Chainlink, and Tezos
BitcoinBitcoin saw a small 1% price decline this week, but it managed to remain within the confines of a symmetrical triangle pattern.Throughout the week, BTC attempted to break above the upper boundary of the triangle on numerous occasions but failed each time. The coin recently found support at the lower edge of the triangle.BTC can be considered directionless (neutral) until a breakout occurs from this triangle. If it breaks toward the upside, then BTC can be expected to head back to the...
Read More »Bitcoin Price Finally Shows Signs of Life Losing $100: The Friday Update
With a bit of delay following the Twitter hack, Bitcoin finally sees a slight movement downwards to $9,100. Interestingly, this time the three major US stock market indexes decrease in value with a similar percentage.The situation appears much more favorable in the low-cap altcoin market, as massive gainers include Aurora, Ampleforth, and Algorand.Bitcoin With A Quick DipFollowing the most discussed topic of the infamous Twitter hack from a few days ago, BTC’s involvement remained unnoticed,...
Read More »Even Twitter Hack Can’t Move BTC Away From $9200, XTZ and LINK Surge (Price Watch)
Although Bitcoin received massive attention yesterday while hackers exploited almost every world leader’s Twitter accounts, the asset price refuses to move outside of its comfort zone of approximately $9,200. The altcoin market, though, remains volatile – Chainlink reached a new all-time high yesterday, Tezos next?Twitter Hack Can’t Shake BitcoinAll eyes were on the popular social media platform Twitter yesterday’s night UTC. An unknown to this moment, the hackers gained access to the most...
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