It’s been a fruitful year for ChainLink (LINK) and its investors despite the pandemic-induced market downturn in mid-March. The project has not only recorded significant partnerships and developments since the start of 2020 but has also seen a massive boost in the number of crypto traders and investors holding the LINK token. LINK Holders Surpass...Read More
Chainlink broke down from a channel after reaching $4.9 during a three-month rally. Against Bitcoin, it started to form a symmetrical triangle pattern after recording a yearly high at 56739 SAT in March. LINK regained momentum with an 8% surge overnight. LINK/USD: Chainlink Dropped Off Short-Term Channel Key Resistance Levels: $4.25, $4.5, $5 Key Support...Read More
Token swap feature KyberSwap has integrated Chalinink’s price reference data for enhanced accuracy. Up until now, the price feeds of KyberSwap were taken exclusively from Kyber Network. KyberSwap and Chainlink KyberSwap is a platform allowing users to swap between Ethereum tokens quickly and easily, and it’s powered by Kyber Network’s on-chain liquidity protocol. It allows...Read More
Brian Brooks, the former chief legal officer of Coinbase, was recently appointed to serve as the interim head at the Office of the Comptroller of the Currency (OCC) in the Trump administration. Brooks has shown openness to exploit the merits of blockchain and cryptocurrency at his new position, according to a recent interview. Trump’s Head...Read More
The price is currently up by 2.2% as bulls continued to gain control over the short-term. After gaining support around 45000 SAT, Link bounced back and charge towards last week’s high of 47267 SAT level. Link is now consolidating around $4.5 after rejecting $4.9 (February’s resistance) last week. LINK/USD: Link Remains Neutral Above $4 Key...Read More
Chainlink broke almost a three-month high following 7% daily gains. While it remains bullish on the daily chart, buyers may encounter dynamic resistance at 48000 SAT. LINK/USD: Chainlink Breaks Above $4.3 Key Resistance Levels: $4.9, $5.5, $6 Key Support Levels: $4.3, $3.5, $3 LINK/USD. Source: TradingView After a full recovery from March collapse, Chainlink paused...Read More
Bitcoin Bitcoin saw a small 3% price increase over the past seven days as it currently trades around the $9,433 level. The cryptocurrency had started the week off by dropping beneath $9,000 and reaching the support at the rising trend line. Luckily, the buyers managed to defend this support to prevent BTC from slipping into...Read More
The price is slowly breaking away from a 2-month channel as bullish action holds. While Chainlink struggles below the key resistance level, the price is currently looking indecisive on the daily chart. LINK/USD: Chainlink Remains In A Tight Range Key Resistance Levels: $4.3, $4.5, $4.9 Key Support Levels: $3.3, $3, $2.52 LINK/USD. Source: TradingView Chainlink...Read More
Bitcoin Bitcoin had an interesting 7-day trading period as the coin dropped by a small 3% over the week. However, this is because BTC fell by a strong 10% over the weekend as the coin fell from $9,600 to reach as low as $8,500. It rebounded from here and started to climb after the halving...Read More
Link looks indecisive after witnessing a 1.92% loss over the past few hours. The price is trapped in a channel as the bullish trend remain valid across trading pairs. Chainlink continues to hold key demand level at $3.47 after a series of rejections. LINK/USD: Chainlink Is Trapped In a Tight Range Key Resistance Levels: $4,...Read More
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
Bitcoin Bitcoin saw an impressive 17.5% price increase over the past 7-days of trading as the cryptocurrency managed to climb above the $7,500 resistance to break above $8,000. It continued to push higher and eventually reached a weekly high of $9,430 before dropping to the current resistance at $8,870 (1.272 Fib Extension). This price increase...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
It’s safe to say that the last seven days were packed with action on all fronts. Bitcoin started the week trading at around $7,100 but fell to a low of around $6,800. The bears were for not, however, as yesterday BTC surged to a high of $7,780 in a few consecutive green candles. Naturally, the...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
