Tag: chainlink price analysis

Dec 09 2020

Chainlink on the cusp of a massive rebound after dumping over 10% in a matter of hours

Chainlink seeks a formidable anchor at $11 to plan the next recovery mission. The double-bottom pattern on the 4-hour chart hints at a possible rebound to $15. Chainlink is leading the correction in the decentralized finance (DeFi) ecosystem after losing over 10% of its value since Tuesday. The...

Dec 03 2020

Chainlink recovery hampered under $14.5 but these key support levels hold the fort

Chainlink holds above the critical support provided by the 50% Fibo in conjunction with the 100 SMA. LINK/USD could resume the uptrend as long as the price reclaims the position above $14 and holds the 50% Fibo support. Chainlink’s upside recently hit a wall amid the recovery from the Thanksgiving Day crash to $11. Several The post Chainlink recovery hampered under $14.5 but...

Nov 18 2020

Chainlink holders patiently waiting for the ultimate liftoff to $18

Amount of LINK held by top-non exchange holders at a near all-time high as price breaks above $14. LINK/USD is largely in the hands of the bulls but higher support above $14 is need for the final...

Nov 12 2020

Chainlink rocket at the Launchpad, ready for the ultimate liftoff to $20

Chainlink consolidation is likely to extend before a majestic breakout to $20. The hypotenuse of the ascending triangle must hold for the bullish outlook to materialize. Chainlink recovered significantly from the support at $7.5, established in September. The buyer congestion zone came in handy following extended declines from the resistance from the yearly peak at The post Chainlink rocket at the Launchpad, ready...

Nov 09 2020

Chainlink prepares for a massive 55% liftoff to highs above $20

Chainlink rebounds from levels slightly under $10 and gains momentum eyeing $20. The resistance at $13 must come down for gains heading to $20 to start materializing. Chainlink is among the best-performing digital asset in the market as the new week commences. Bitcoin rallied to $16,000 last week but retreated to seek support $14,500. Calm The post Chainlink prepares for a massive 55%...

Nov 03 2020

Chainlink Price Forecast: LINK Downward Momentum Gains Traction

Chainlink was rejected at $13, culminating in losses within a descending parallel channel. LINK/USD downside eyes $9.5 if the short term buyer congestion at $10 caved in. Chainlink recently recovered in October, almost brushing shoulders with $13. This was the highest level the decentralized oracle live price feed token has reached since the support established The post Chainlink Price Forecast: LINK Downward Momentum...

Sep 25 2020

Chainlink Price Prediction: LINK Soars 30%, Bulls Aim Higher Towards $14

Chainlink decouples from Bitcoin and other major currencies, rallying to highs above $10. LINK/USD has the potential to keep the uptrend going, a descending wedge pattern breakout is in the offing. Chainlink rallied massively in the last 24 hours, reminding investors in the cryptocurrency market that we are still in a bullish market. The last The post Chainlink Price Prediction: LINK Soars 30%,...

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