LINK

The cryptocurrency market witnessed severe bearish pressure over the past week, and the price of Chainlink (LINK) wasn’t an exception. The altcoin has continued to struggle with its torrid form, losing nearly 10% of its value in the last seven days. Interestingly, the bears seem to still be in control at the moment, with the latest on-chain revelation suggesting that there might be further downside for the LINK price over the next few days. Are Chainlink Investors Offloading Their Assets?…

The post Chainlink (LINK) Price Dips, But Analyst Bullish on 150% Rally appeared first on Coinpedia Fintech News The crypto market has been tough for Chainlink (LINK) this month, with its value dropping by more than 5% today. Despite being one of the top 15 cryptos with a market cap of $8.13 billion, LINK’s price has struggled to reach its all-time high of $52.88.  However, prominent crypto analyst Michael van de Poppe has pointed out a potential 150% rally ahead…

Chainlink’s LINK price is consolidating above the $14.00 support. The price could gain bullish momentum if it clears the $14.65 resistance zone. Chainlink price is showing bullish signs and eyeing more gains above $15.00 against the US dollar. The price is trading below the $15.00 level and the 100-hourly simple moving average. There is a key contracting triangle forming with resistance near $14.40 on the hourly chart of the LINK/USD pair (data source from Kraken). The price could start another…

After a period of consolidation, Chainlink (LINK), the oracle network powering decentralized applications (dApps), is exhibiting signs of a potential breakout. This bullish sentiment comes amidst a broader recovery in the cryptocurrency market, with Bitcoin regaining its footing above the crucial $65,000 support level. Technical Indicators Look Verdant Renowned crypto analyst Jonathan Carter is among those betting big on LINK’s future. Chainlink’s price structure is forming a bullish pattern, Carter remarked, pointing to the token’s recent rebound from the middle…

The Chainlink (LINK) market is abuzz with chatter after a popular cryptocurrency analyst issued a bearish forecast. In a recent analysis, CryptoWzrd predicted a continued downward trend for LINK in the coming days, but also hinted at a potential “scalping” opportunity for nimble traders. Scalping refers to a high-frequency trading strategy where investors capitalize on minor price fluctuations within a short timeframe. CryptoWzrd believes the current bearish trend in LINK presents an entry point for such tactics. However, the analyst…

Chainlink has partnered with Circle, the issuer of the widely-used USDC and EURC stablecoins, ensuring developers gain access to tools needed for advanced financial applications. This significant integration and Circle’s expanding to Brazil could mark as a stepping stone for Chainlink’s potential to hit the $20 mark. Chainlink, a leading decentralized oracle network, has integrated with Circle, the issuer of the widely used USDC and EURC stablecoins. This collaboration aims to minimize the bridge between traditional finance and the thriving…

Chainlink is riding the spot Ethereum ETF approval wave to draw large whale accumulations. While Chainlink has toppled BCH and TRX, its price has a major stress test to surmount. On Thursday, Decentralized Oracle network Chainlink (LINK) saw its price move above $17.70 upon approvals of eight Ethereum Exchange-Traded Funds (ETFs) in the US. According to the latest Marketcap data, LINK is trading at $17.34, demonstrating a 23.5% increase in the past month. Chainlink Dethrones BCH and Tron Since the…

Chainlink pushes for tokenization and RWAs with services like the Cross-Chain Interoperability Protocol (CCIP), Data Feeds, and Proof of Reserves. Analysts like Michael van de Poppe express optimism about Chainlink’s future performance suggesting a 150-300% rally ahead. Decentralized Oracle network provider Chainlink has recently seen a 7% increase in the price of its native token, LINK, as it advances its tokenization journey. At the core of this transformation is Chainlink’s platform, which provides critical infrastructure and an ecosystem essential for…

The post Is Chainlink the NEXT BIG THING? Expert Predicts LINK Price to Break Yearly Highs appeared first on Coinpedia Fintech News Chainlink’s price surge persists, marking a notable 5% uptick in the past 24 hours. This climb has propelled the cryptocurrency to hit $18.82, its highest point this month, signaling a strong bullish trend. Despite a minor dip, Chainlink stands firm at $18.18, showcasing its sustained market resilience. Analyst’s Optimism Fuels Market Enthusiasm Renowned crypto analyst Michaël van de…