Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Chainlink
Why Are Traders Super Bearish On Chainlink, Solana, and Bitcoin?
As the crypto market struggles to shake off the weakness of last week, the latest sentiment data from Santiment shows that token holders and traders are bearish on some of the top altcoins. According to their recent analysis, token holders are bearish the most on Chainlink–a middleware solution that powers DeFi and NFTs, Ethereum, Solana, and Bitcoin. Out of their assessment, it is interesting to note that these coins on focus are those in the top 10, except for Chainlink…
8 months ago
Crypto Price Analysis 10-10 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGWIFHAT: WIF, CHAINLINK: LINK, SEI: SEI, ARTIFICIAL SUPERINTELLIGENCE ALLIANCE: FET
Bitcoin (BTC) slipped below $61,000 earlier today and is down almost 3% over the past 24 hours as it struggles to maintain its position above $60,000. According to analytics firm Santiment, the crypto market has turned bearish, which has impacted several assets, including BTC, Ethereum (ETH), Solana (SOL), and Ripple (XRP). Analysts had warned that short-term BTC holders could be tested if BTC slips below $61,000. BTC has been trading in a narrow price range, with its low levels of…
8 months ago
Chainlink Price Set to Surge, but Analysts Believe This Coin Could Be the Next Big Thing
Investors keen on market trends are closely monitoring Chainlink's potential growth. However, there’s buzz about another cryptocurrency poised to make significant gains. Analysts are shifting their focus to this emerging contender, hinting it could outperform current favorites. The full article explores which coin might soon capture the spotlight and leave a notable mark in the crypto world. CYBRO Defies Market Headwinds, Empowering DeFi Investments with Smart AI Solutions CYBRO is revolutionizing the DeFi landscape by harnessing the power of artificial…
8 months ago
Chainlink (LINK) Bullish Pattern Could Ignite A Breakout: Analyst Sets $15 Target
Chainlink is currently trading in a bullish pattern that has been developing for at least seven months, capturing the attention of analysts and investors alike. Many are eagerly anticipating Chainlink to surge during this cycle and finally reclaim new all-time highs. The extended consolidation phase has kept traders on edge, as they await a significant breakout. Renowned crypto analyst Lucky has shared an insightful prediction regarding Chainlink’s potential trajectory. According to Lucky, the key lies in LINK breaking above its…
8 months ago
Don’t Invest in Cardano (ADA) Yet: Cybro and Chainlink (LINK) Offer Faster 2500% Growth Potential
Before diving into Cardano, it's worth exploring alternatives that promise quicker returns. Two standout options, Cybro and Chainlink, are capturing attention with their rapid growth potential. With a staggering 2500% increase on the horizon, these coins may offer better investment opportunities. Discover the reasons behind their expected surge and why they might be a wiser choice. CYBRO Presale Climbs Past $2.8 Million: A One-in-a-Million DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale…
8 months ago
Explore the 5 must-have altcoins for 2024 including BlockDAG, Solana, Cardano, Chainlink, and Polkadot. Uncover the reasons these cryptocurrencies are great options.
As 2024 unfolds, the cryptocurrency landscape is evolving beyond the giants like Bitcoin and Ethereum, offering a plethora of opportunities through altcoins. These alternative cryptocurrencies are gaining momentum, propelled by their innovative technologies and substantial growth potential. Here’s a detailed guide on the must-have altcoins for 2024 that you should not overlook if you're considering diversifying your investment portfolio or venturing into cryptocurrencies for the first time. 1. BlockDAG (BDAG) - Redefining Blockchain Innovation BlockDAG is rapidly becoming a buzzword…
8 months ago
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ChainlinkChainlink Sees 296% Jump In Large Transactions As Active Addresses Rise 14.7%, What’s Going On?
Chainlink whales are once again on the move in what seems to be a general reawakening. Large transactions on the blockchain network have ballooned recently, alongside a drastic increase in active addresses, hinting at a notable development. Therefore, in this report, we take a look at the significant increase in whale transactions and active addresses, as well as what could have triggered this burst of interest on the previously muted blockchain. Chainlink Whale Volumes Rises 295.93% According to data from…
9 months ago
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ChainlinkChainlink Signals Deeper Losses: Can Bulls Stage A Comeback?
Chainlink is facing increasing bearish pressure as its price continues to edge lower, signalling a potential move toward the further downside. After a period of consolidation, the bears have regained control, pushing Chainlink closer toward the $9.28 support level. However, bulls may not be ready to give up just yet. With market sentiment fluctuating, the possibility of a bullish comeback looms on the horizon. By examining key technical indicators and market sentiment, we seek to determine if LINK is poised for…
9 months ago
The Solana Ecosystem Showdown: Can These 3 Coins Surpass Chainlink (LINK) and Render?
The cryptocurrency landscape is constantly changing, and the Solana network is gaining attention. In the midst of this dynamic environment, three promising digital assets are poised to make significant strides. These coins could potentially outshine well-known competitors like Chainlink and Render. The article delves into their potential for growth and what makes them stand out in the market. Chainlink (LINK) Chainlink is currently trading between just under $10 and $11, showing that while bulls are struggling to break through resistance…
9 months ago