Chainlink (LINK)

Trading Price of LINK Expects a 50% Correction as Chainlink Witnesses a Plunge

Trading Price of LINK Expects a 50% Correction as Chainlink Witnesses a Plunge

The price of the native token of the Chainlink network “LINK” ended up taking a fall in the recent trading session. The market downtrend has continued harming the trading price of LINK, bringing its trading price down to an alarming level. On November 8, a major downtrend took place that reportedly pulled the trading price of the entire crypto-verse. Like the rest of the major tokens such as Bitcoin and Ether, LINK also found itself being an unfortunate asset. LINK Price Plunged 10% On that particular day, LINK’s trading price dipped by almost 10%. Following the plunge, the trading price…
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Chainlink (LINK): Investors Might Leverage This Setup’s Break for Profitability

Chainlink (LINK): Investors Might Leverage This Setup’s Break for Profitability

After May's inverse head & shoulder, bears have restricted buying moves around the $9.29 mark for about three months. As the price traversed beneath the 4-month trend-line support (past resistance), sellers kept securing new multi-month lows up to mid-June. However, the previous month confirmed a stable buying comeback as Chainlink kept this trend-line support to retest $9.29. The present pattern might catalyze a near-term drop before buying comebacks. While publishing this blog, LINK changed hands near $9.055. Chainlink Daily Timeframe LINK buyers have remained committed to reclaiming crucial price zones since sweeping 2-year lows on June 13. The previous month…
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Dogecoin, Chainlink, Litecoin Price Analysis – April 27, 2022

Dogecoin, Chainlink, Litecoin Price Analysis – April 27, 2022

The past few days saw BTC snapping to $40.6K from $38.2K before plunging towards the $38K mark again. Such volatility had the alt market weaving on the charts. For instance, Dogecoin experienced a sharp uptick following several days of range accumulations. Chainlink and Litecoin extended their downside trends. Dogecoin (DOGE) Dogecoin pumped towards $0.171 from $0.122, and analysts used the move print Fibonacci retracement areas. Meanwhile, DOGE slipped below the supply zone at $0.14 over the past day. That came as the broad market displayed a bloodbath. Nevertheless, DOGE secures some support around the $0.134 barrier. Momentum indicators displayed bearishness,…
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Chainlink (LINK) To Present Sell Opportunity before a 20% Drop

Chainlink (LINK) To Present Sell Opportunity before a 20% Drop

  Chainlink had its price slipping under a critical support area at $29.82, suggesting incoming steeper retracement. The altcoin might offer trapped traders an opportunity to offload around the resistance barrier at $27.61 before declining towards $22.24. A daily close beyond $31.46 will nullify the bearish narrative. Chainlink witnessed its price declining considerably over the past seven days, and the bearishness seems to dominate the altcoin in the coming sessions. As Bitcoin prints, weak price actions, alternative tokens, including LINK, have higher chances of retracing towards stable support areas. Chainlink Seems Ready for More Losses Chainlink had its price piercing…
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Chainlink, Solana Price Analysis – 3 September

Chainlink, Solana Price Analysis – 3 September

Solana exploded to another ATH near $136; market players believe that the alt will extend its upside movements. Chainlink hits beyond $30 as it strengthens its mission to head towards $40. Thursday saw Bitcoin bulls stepping up to take the leading crypto to the price levels beyond $50K. However, the uptrend was short-lived since BTC retraced, almost to test the $48,000 support. On the other side, ETH stalled before climbing to $4,000, but it did not lose its entire upside momentum. The leading altcoin has chances to trade beyond this psychological zone over the weekend. Meanwhile, the rest of the…
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