Chainlink

The post Crypto News Today : Chainlink Set to Explode, What’s Driving LINK Price Up? appeared first on Coinpedia Fintech News Chainlink (LINK) price closed last week in a dragonfly Doji candlestick after rebounding from the crucial support/resistance level above $9.3. The mid-cap altcoin, with a fully diluted valuation of $10.3 billion and a daily average traded volume of around $170 million, has been attempting to regain bullish sentiment in the past few weeks.  In the daily time frame, LINK…

Chainlink (LINK) is at a crucial level after a sharp 22% retrace from recent local highs, sparking concern among investors and analysts. The recent downturn is compounded by unsettling on-chain data that suggests Chainlink’s network activity may weaken, adding to the uncertainty surrounding the asset. This decline in activity, coupled with broader market volatility, has heightened fears of further losses.  If the current bearish sentiment persists, LINK will likely test the next significant demand level around the lower $9 mark.…

Chainlink (LINK) has faced significant volatility this week. Its price dropped over 13% from Monday’s high, bringing LINK to a critical support level of around $11.20. Traders and investors are closely monitoring this crucial area. The importance of this level is further emphasized by on-chain data from Santiment, which shows that demand for LINK is cooling off. This adds to the uncertainty surrounding the asset’s near-term price action. The next few days will be pivotal as Chainlink hovers around this…

Bitcoin’s recent volatility has put Chainlink (LINK) at risk of an 18% drop, with negative netflows and strategic positioning by whales signaling potential further declines. As Bitcoin’s price prediction suggests a potential crash to $54,000 amid ongoing market uncertainty, investors are bracing for continued turbulence. Meanwhile, DigiHorse Empires is gaining traction in the crypto market as a premier Web3 gaming platform. Its native token, DIGI, has captivated investors during its presale phase, with experts and analysts optimistic about its growth…

The post Crypto Insider: This Presale Sensation May Become the Next Ethereum or Chainlink This Year appeared first on Coinpedia Fintech News As 2024 gets into full swing, one crypto insider thinks that a new project may become as much of a giant as Ethereum (ETH) or Chainlink (LINK). This project is DTX Exchange (DTX) – a Stage 2 presale sensation that has already given early buyers a 100% return. Some analysts even say that DTX may be the next…

Polygon (MATIC) and Chainlink (LINK) investors have stayed loyal for far too long and many have expressed frustrations with the lack of returns. Meanwhile, Rollblock’s early investors are already enjoying massive 100% gains, and many Polygon and Chainlinkinvestors are starting to buy as a result. Polygon (MATIC) Under Strong Bearish Pressure Polygon (MATIC) has been succumbing to the bears since early June. The Relative Strength Index (RSI) of 30 indicates that Polygon is in oversold territory. Since Polygon is also…

The community for Chainlink (LINK) has hope thanks to Alan Santana, a famous cryptocurrency expert, who says that the token may soar in the next few months. Even though there are some negative signs as we speak, Santana believes that LINK’s price will go up a lot during the next bull market, possibly hitting an all-time high. Santana’s prognosis is hinged on LINK’s key acquisition period, which preceded the 2021 bull market. He calls 2023 a “recovery year,” with numerous…

Chainlink (LINK) has made a sharp 20% recovery from the crash during the past day, as the network has seen a spike in address activity. Chainlink Has Returned Above $9.8 After Recovery Rally The cryptocurrency sector had opened the week with a sharp crash, and Chainlink was no exception, as its price had slammed down towards the $8 level after being above the $11 mark during the weekend. In the past day, the market has seen some respite, but LINK…

Yesterday, August 5, LINK, the native currency of Chainlink, a decentralized Oracle provider, plunged to a six-month low. Changing hands at around $8, LINK fell by 64% from March highs, breaking out from a bull flag, signaling weakness. The correction was across the board, and leading altcoins like Solana and Cardano also posted sharp losses. LINK Holders Accumulating, Outflows From Exchanges Spike However, as the markets bled, breaking below key support levels, smart investors saw this as an opportunity to…