Steady gains by Bitcoin in the past few days did not have a positive impact on some major altcoin charts, while some others rose alongside BTC. Chainlink was in a period of consolidation over the past couple of days. This was likely to be a brief calm before another wave of selling pressure. Cosmos broke...Read More
Chainlink made two attempts at an important region of resistance last week, but was rejected on both tries and could be set to post losses over the coming days. Cosmos could face rejection at its resistance once more but could post some gains in the short-term while VeChain was forming a bearish pattern and could...Read More
Ethereum generally leads the direction of the altcoin market, and a bearish Ethereum meant trouble for a majority of the market’s altcoins. Chainlink failed to hold on to the important zone at $10 and $9.5 and could be set to slide lower on the charts. Synthetix dropped after forming a bearish pattern while Verge lost...Read More
A swirl of bullish momentum was seen in the entire crypto market as each of the top 15 cryptocurrencies recorded gains in the last 24 hours. For COSMOS and DASH, the rally displayed impressive bullish sentiment, while Chainlink displayed bearishness, as its recovery attempt to gain positive momentum remained rather sluggish. Chainlink [LINK] Source: LINK/USD...Read More
Chainlink appeared to be in a phase of consolidation, although the price could also suffer a minor drop. Cosmos was perched on a level of support, and can be expected to rise higher after breaking out of a bullish reversal pattern. Dogecoin continued to trend lower, as it has done since its huge pump in...Read More
Chainlink was noting some bullish momentum in its market in the near-term, but it still had an important level of resistance to reclaim to flip its bearish medium-term outlook to bullish. This comes after a recent report suggested that Chainlink had decoupled from Bitcoin. FTX Token rose past a level of resistance. but the market was...Read More
Blockchain-backed, decentralized video platform, Theta Network will collaborate with Chainlink to build a new blockchain-based platform to solve the “multi-billion dollar Ad fraud problem” one that scams people through coin giveaways, the firm said in an announcement today. The project which is currently live on its testnet, uses Google’s Big Data solution, BigQuery, and would...Read More
Chainlink continued to fall on the charts as Bitcoin showed signs of bearishness. Tron’s market was controlled by bears and TRX was likely to go lower, however, it did show a bullish divergence that might play out in the coming hours. IOTA also had a bearish outlook, as most of the crypto market bled after...Read More
Chainlink looked poised to post further losses, as the 15% plunge over the weekend was just one of the many drops in the past month for LINK. Cosmos had been in a brief period of indecision before bears prevailed and pushed ATOM downward. Ontology validated a bearish pattern but in the next few hours has...Read More
Chainlink slipped beneath yet another important level, with the crypto likely to post further losses over the next week or two. Further down the cryptocurrency charts, Polkadot and Decred‘s movements suggested that the bears were continuing to dominate the crypto-market. Chainlink [LINK] Source: LINK/USD on TradingView The Awesome Oscillator registered bearish momentum for LINK. Using...Read More
Bitcoin reached $10,950 and faced resistance at $11,200 as Bitcoin Dominance rose alongside. This meant many major altcoins could be facing selling pressure in the near-term. Chainlink lost an important level of support and was primed for a slide to the downside. IOTA also showed bearish momentum, whereas Dogecoin took its first step towards halting...Read More
Chainlink reached an ATH of $20 in August and could be set to slowly grind downward in the coming weeks. On a shorter time frame as well, the path of least resistance for LINK was to the downside. EOS was consolidating above a level of support. FTX Token could be set to trade within a...Read More
Bitcoin surged past its resistance at $10,400 to trade at $10,547 at press time. In fact, Ethereum too noted an uptick, climbing from $366 to $386. However, while the weekend surge might continue into the weekdays, the sentiment in the Options space remains largely bearish. Further down the crypto-ladder, Chainlink was rising towards a level...Read More
Some important levels to watch out for were highlighted for Chainlink, as it sought to rise above resistance at $12.5. Monero showed that neither the bears nor bulls dominated its market. This balance between buyers and sellers could slowly tip toward the buyer side, as the sell pressure of the past few days wanes and...Read More
As is often the case in the digital asset market, an altcoin may perform extremely well over the course of a bull rally. In fact, it may even outperform Bitcoin, which is why in the eyes of many, such tokens might even look like the real thing. However, many of these would soon crumble under...Read More
The cryptocurrency marketcap slid by nearly $50 billion in the past few days to stand at $325 billion at the time of writing. XRP showed it might be able to hold on to the support level. Chainlink had slid by double-digit percentage points and surged by double-digit points to touch $12 from lows of $9.75....Read More
Over the past few weeks, the hype around a supposed altseason seems to have died down. I mean, sure, DeFi is still what one would characterize a “booming space.” But, many of the market’s altcoins have fallen on the charts lately, especially since Bitcoin dipped under $11,000 a few days ago. Thus, the question arises...Read More
Decentralized network, Chainlink was under attack by a spammer who targeted select few node operators on Sunday, with the intention of disrupting the network through unnecessary on-chain computation. Chainlink nodes are oracles that allow smart contracts that reside on the Ethereum to interact with external software. Chainlink community member further said in the thread that...Read More
For all the talk about an altseason, Bitcoin, the world’s largest cryptocurrency, continues to share high correlation stats with the rest of the market’s altcoins. This was very apparent over the last 72-hours as the larger crypto-market bled following Bitcoin’s incredible depreciation on the charts. The likes of Chainlink, IOTA, and DASH were among them,...Read More
Bitcoin rose from $11,200 a few days ago to trade at $12,000 just a few hours before press-time. However, the resistance again proved too strong for Bitcoin to surmount at present. This rejection can be linked to the fact that some of Bitcoin’s on-chain metrics looked weak. Altcoins such as Chainlink and Stellar did not show...Read More
XRP was trading near an important zone, above which is possible safety. Failure to close above this level could mean XRP might be in store for a significant drop. Chainlink showed strong bullish momentum that could propel it towards ATH once more. Dogecoin lacked notable momentum but could reclaim a resistance as support in the...Read More
Chainlink was caught in a retracement that could extend further. After setting ATH recently, this is to be expected of Chainlink, especially when we consider well-known personalities such as Dave Portnoy tweeting about Chainlink and Bitcoin, and the FOMO he could have induced in the past weeks. BAT and ATOM maintained bullish momentum but showed...Read More
After a couple of days of bearish pullback, the collective crypto industry breathed a sigh of relief as major altcoins registered a minor uptick to keep pace with its overall bullish trend. Although bearish signals were still evident in the markets, the past 24-hours have highlighted a sea of green signals all across the board....Read More
Chainlink aka Link’s run from March to August has been good, especially in terms of its price appreciation. The cryptocurrency went from being valued at less than $2 in March to being overvalued at $20. This exponential rise came at a time when defi was soaring. In part, the defi craze has to be the...Read More
Altcoins were the talk of the town over the past few months, with the exponential growth noted by alts like Crypto.com Coin and Cardano stoking calls for an alt season. However, this sentiment seemed to have mellowed down at the time of writing as many of these altcoins were again noting strong correlation stats with...Read More
After Bitcoin touched $12,500, Crypto Fear & Greed Index stood at 82 for the day and 80 for the week. It can be argued that some signs of a coming drop were in the making over the past couple of days. Bitcoin’s subsequent drop to $11,600 took with it the entire market, including recent stalwart...Read More
Bitcoin [BTC] was holding the support level at $11,800 with an eye on a possible breakout over $12,000, at the time of writing. However, BTC’s movement has been relatively recent as, over the last few months, many of the market’s altcoins have noted good rallies, especially when Bitcoin’s own price was relatively stagnant. At press...Read More
From the world of altcoins, Chainlink or LINK tokens seems completely unstoppable at the moment. In the past few days, Chainlink has risen by 45 percent in the charts, rising from $9.80 to $14.48 on the 9th of August. As the token consolidates at its all-time high range, we looked into a few developments over...Read More
The beginning of the week has introduced selling pressure in the cryptocurrency market as, the price of various digital assets including Bitcoin, was noticing a downward trend. In the case of Bitcoin, its trading price fell by 3.5 percent in the past 24-hours bringing its trading price to $11,339. Source: CoinStats While almost all the...Read More
The aggregated crypto market has been caught within a firm downtrend over the past several days and weeks, but one top crypto has been able to buck this trend, rallying to fresh all-time highs against its Bitcoin trading pair yesterday before incurring a selloff today. Today’s selloff has led Chainlink – the best performing cryptocurrency...Read More
