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 $4 Key Resistance Levels: $4, $4.5, $4.98 Key Support Levels:...Read More
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 $2.5 Link 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...Read More
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,...Read More
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...Read More
While Chainlink holds support at $3.3, a break down could lead to a massive drop in price. Against Bitcoin, Link is beginning to flag a bearish trend after dropping off a 4-day wedge. LINK/USD: Chainlink Holding Support At $3.3 Key Resistance Levels: $3.48, $3.6.2, $3.8 Key Support Levels: $3.3, $3, $2.8 LINK/USD. Source: TradingView The...Read More
LINK surged by a total of 10% over the past 2-days as it reaches $2.80. It has now reached resistance at the 100-days EMA as it sets its sights to head above $3.00. Against Bitcoin, LINK has also surged as it climbs from 0.00033 BTC to reach 0.00038 BTC. Key Support & Resistance Levels LINK/USD:...Read More
While Chainlink remains indecisive in a rising triangle, buyers continue to show commitment on the short-term. If LINK can break above the 38200 SAT level, the bulls might regain control of the market momentum. Chainlink is still facing strong support across its trading pairs. LINK/USD: Chainlink Looking For Breakout Key Resistance Levels: $2.4, $2.75, $4...Read More
Bitcoin Bitcoin witnessed a 22% price increase over the past seven days as it bounced from the $5,000 level and climbed back above $6,000 to reach the current price of $6,500. It had found strong support at $4,800 during the March market crash and traded sideways between here and $6,000 for the past week until...Read More
LINK has found strong support at the January opening price of $1.72. The cryptocurrency has dropped by a steep 64% from the March high of $5.02. It is finding support at 0.000345 BTC against Bitcoin as the buyers try to defend the area. Key Support & Resistance Levels LINK/USD: Support: $1.72, $1.60, $1.50. Resistance: $2.00,...Read More
Until a few hours ago, Chainlink, the decentralized-oracle, had a market cap of over $1 billion as the 11th biggest cryptocurrency by market cap. Today the LINK token is among the worst-performing digital assets, following a massive price slump. Its situation got even worse on Binance, where it flash-crashed to a low of $0.01 (!)...Read More
Bitcoin (BTC) Bitcoin price managed to increase by a total of 5.58% over the past 7-days of trading after rebounding from the support at $8,550 provided by the downside 1.618 Fibonacci Extension level. After bouncing, the cryptocurrency managed to travel higher as it broke the $9,000 level in yesterday’s session to reach $9,150 today. From...Read More
Following recent price volatility, Chainlink (LINK) facing tough resistance around $4.9. While Bitcoin remains steady, the price of Chainlink has continued to surge over the past days. The bullish sentiment may end soon if Link doesn’t break above $5 LINK-USD: Trapped In a Key Resistance Area Key Resistance Levels: $4.9 – $5, $5.5 Key Support...Read More