Tag Archives: LINKUSD

Despite the ongoing correction, Link remained relatively stable today.The price is likely to bounce back if the channel’s lower boundary continues to act as support.Chainlink would continue to correct downward as long as selling volume increases in the market.LINK/USD: Chainlink Struggles Under $4Key Resistance Levels: $4, $4.5, $4.98Key Support Levels: $3.47, $3, $2.63LINK/USD. Source: TradingViewSince our previous analysis, Chainlink continued to trade sideways after reaching an 8-week high...

BitcoinBitcoin saw an impressive 17.5% price increase over the past 7-days of trading as the cryptocurrency managed to climb above the $7,500 resistance to break above $8,000. It continued to push higher and eventually reached a weekly high of $9,430 before dropping to the current resistance at $8,870 (1.272 Fib Extension).This price increase is not surprising because the Bitcoin block halving event is just a short 10-days away.If the buyers continue to push above the current $8,870 level,...

Chainlink hit $4 following a 5% gain, but buying pressure is getting weak by the day.A break below the 7-week channel could bottom Link straight to $2.5Link returned gains after losing the 50000 SAT support-turned-resistance levels.The price is moving in the opposite direction across trading pairs.LINK/USD: Price Continues To Hold In A ChannelKey Resistance Levels: $4, $4.5, $4.98Key Support Levels: $3.47, $3, $2.63LINK/USD. Source: TradingViewWith a small 5% increase, Chainlink’s price hits...

It’s safe to say that the last seven days were packed with action on all fronts. Bitcoin started the week trading at around $7,100 but fell to a low of around $6,800. The bears were for not, however, as yesterday BTC surged to a high of $7,780 in a few consecutive green candles. Naturally, the entire market followed with most of the large-cap cryptocurrencies charting serious weekly increases. Tezos is up more than 25% over the past four days while others like Ethereum, Chainlink, and Stellar...

Chainlink continued to gain momentum in the channel. In the last seven days, LINK is up more than 15%. Against BTC, price and volume are in contrast, but LINK’s bullish trend remains valid on the 4-hours chart. LINK/USD: Chainlink Recovery Holds In a Five-Week Channel Key Resistance Levels: $3.8, $4, $4.5 Key Support Levels: $3.38, $3, $2.5 LINK/USD. Source: TradingViewChainlink saw a small 4% recovery overnight after witnessing a 3-day drop from $3.8 (on April 18) to $3.38 yesterday. This...

Bitcoin Bitcoin saw a small 2.6% price increase from where it was trading seven days ago. However, it had dropped substantially throughout the week. The cryptocurrency fell beneath support at the rising trend line to find additional support at the $6,447 level (short term .618 Fib Retracement). From here, Bitcoin rebounded yesterday to climb back above the $7,000 level where it currently trades. Looking ahead, the first level of resistance lies at $7,200 (bearish .5 Fib Retracement). Above...