Tag: chainlink price analysis

Sep 27 2022

Chainlink Coin Winning Streak Sets Its Next Target At $9.5

The Chainlink coin price has remained in a range-bound movement for nearly four months. Furthermore, the technical chart shows that $9.5 and $5.8 are the extreme barriers within which the prices continue to resonate. The recent V-shaped recovery in coin price aims to retest the $9.5 resistance. Key points: A... Read more

Sep 25 2022

How Long Will Chainlink Price Consolidation Last?

The chainlink price chart shows the formation of an ascending triangle pattern. Under the influence of this pattern, the coin's market value should increase significantly. Thus, the neckline resistance of $9.5 and rising support trendline are the important levels that may influence the coins' future price. Key points from Chainlink... Read more

Sep 14 2022

Bearish Pattern Emerged In Chainlink Chart Tease A Revisit To $5.8 Mark

The daily technical chart shows the Chainlink price has followed a range-bound rally for the past four weeks. Several times, the coin price has retested both the upper($9.54) and lower($6.2-$5.8) barriers, validating them as areas of high interest. The ongoing recovery within the pattern aims for the upper barrier mentioned... Read more

Sep 03 2022

LINK Holders Exposed 10% Drop From Potential Price Reversal

On September 2nd, the LINK chart displayed a higher price rejection candle at $7.3 resistance, hinting at the end of the ongoing relief rally. With a 0.8% drop...

Aug 10 2022

Chainlink Price Analysis: LINK Hovers Below $9.50; What’s Next?

Aug 10 2022 Published at Coingape under tags  chainlink price analysis price analysis

Chainlink price analysis shows a strong upside movement amid sustained buying pressure. The LINK/USD pair opens higher and stumble to test lows...

Aug 09 2022

Chainlink Price Analysis: Refreshes 4-month High Above $8.80; More Gains In Offer?

Aug 09 2022 Published at Coingape under tags  chainlink price analysis price analysis

Chainlink (LINK) price analysis indicates an extension of the previous up trend. However, as the U.S trading session begins the price...

LINK Price Analysis: Should You Buy LINK After This 8% Pullback?

The Chainlink(LINK) price is in turmoil as two contrary price patterns influence it. The first one being a...

Aug 05 2022

Chainlink Price Analysis: Bulls Aims For $8.50 Inside Ascending Channel

Aug 05 2022 Published at Coingape under tags  chainlink price analysis price analysis

Chainlink price analysis shows that the bulls are in charge today. The price is slowly inching...

Jul 29 2022

LINK Price Analysis: Can $7.5 Breakout End Ongoing Consolidation?

The Chainlink(LINK) price signals the end of a seven consolidation phase...

Jul 20 2022

Chainlink Price Analysis: Should LINK Holders Worry about $7.3 Barrier Stalling Rising Prices?

The Chainlink(LINK) price escapes a long-coming falling wedge pattern with a bullish breakout from the downsloping trendline. This breakout hints the market participant's sentiment is flipped from selling on rallies to buying on dips. The resulting rally charges to the first barrier of the $7.3 mark to test the buyers' commitment. Will it break? Key...

Jun 28 2022

Chainlink Price Analysis: Wedge Pattern could Lead LINK price below to $5

The Chainlink (LINK) price action shows a later walk within a falling wedge pattern. This range is stretched from $9.32 to $5.5 and has held the coin for around seven weeks. With the coin chart projecting a reversal sign at the resistance trendline, the altcoin may breach the $5 mark. Key points: The LINK price...

Jun 16 2022

Chainlink Price Analysis: EMA Resistance Bolster LINK Sellers For $5.5 Breakdown

The LINK/USDT pair resonating inside a falling wedge pattern is gradually narrowing its price spread. Furthermore, the altcoin recently rebounded from the $5.5 support aims to rechallenge the overhead resistance. However, can it undermine the 20-and-50-day EMA resistance? Key points: The LINK price tumbled 30% in just three days A bullish breakout from the wedge...

Jun 15 2022

Chainlink Price Analysis: LINK Price Eyes A 25% Relief Rally

On June 10th, the LINK price reverted from the wedge pattern's resistance trendline, triggering the next bear cycle within the pattern. The V-top reversal slumped the altcoin by 40%, hitting the last lower low support of $5.64. However, the morning star candle forming at this support hints the buyers may drive the price back to...

Jun 12 2022

Jun 08 2022

Chainlink Introduces Staking Mechanism and Roadmap, LINK Up 12% As Whales Capitalize

Oracle service provider Chainlink has unveiled a new economic roadmap for the platform by introducing the much-awaited staking mechanism to the blockchain. In the announcement, Chainlink said that the staking mechanism will...

Jun 05 2022

Chainlink Price Analysis: Rising RSI Bolster LINK Price for Pattern Fakeout

The prolonged retest phase of the falling wedge pattern indicates a lack of commitment from sellers to continue the prevailing downtrend. The buyers may take advantage of...

May 08 2022

Chainlink’s Fair Value in May is Between $10 to $19 – LINK Analyst

Summary: Chainlink (LINK) has been hard hit by the crypto-wide market correction LINK has dropped from the top 20 digital assets on Coinmarketcap According to the team at Cane Island Alternative Advisors, Chainlink's fair value is between $10 and $19 Chainlink is currently trading at the lower boundary of the fair value and has erased all gains since August 2020 However, LINK/USDT is...

Mar 22 2022

Chainlink Price Prediction: LINK Price Next Target $19 On Daily Close Above $15.85

LINK price continues to print gains for the second straight day. The asset started the session on a lower note but quickly recovered to test the daily highs of $15.85. The downside is capped near $14.75. LINK price edges higher on Tuesday with significant gains. A decisive close above $15.85 will test the $19.0 mark....

Feb 27 2022

Chainlink Could Have a Positive Run Between April and August

Chainlink could experience positive gains between April and August of this year This is based on Chainlink's historical price action The average gain during this time period is estimated at 160% Chainlink could have potentially hit a local bottom after reaching a local low of $11.40 Crypto markets continue to be potentially volatile given the Russia/Ukraine conflict The digital asset of Chainlink (LINK)...

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