Tag: chainlink price prediction

Jul 16 2021

Chainlink’s $15 Support is the Level to Watch During the Weekly Close

Chainlink has bounced off the $15 support for the third time since May Chainlink continues to trade below the 50-day, 100-day and 200-day moving averages The daily LINK/USDT has printed a descending triangle with a floor at $15 $15 is the level to watch as the week comes to a close on Sunday Chainlink maintaining the $15 support might be tied to Bitcoin...

Jul 11 2021

Chainlink’s Top 10 Whales Now Hold 63.3% of LINK’s Circulating Supply

The top 10 Chainlink whales now hold 63.3% of LINK's circulating supply The percentage held by the top 10 Chainlink whales has dropped from 67.5% in January 2021 The continual distribution of LINK away from whale addresses is encouraging Chainlink is once again staring at $15 as its strongest support amidst a descending triangle The top 10 Chainlink whale addresses now hold 63.3%...

Jun 26 2021

Chainlink (LINK) Sees a Rise in Development Activity on Github

Chainlink's development activity seen through Github submissions has been on the rise since mid-May The amount of development activity on Chainlink is climbing towards levels last seen with its most recent all-time high Chainlink's price might have hit a double bottom with the June 22nd low of $15 However, caution is advised as Chainlink still has two more hurdles in the form of...

Jun 25 2021

Chainlink’s Network Growth at its Lowest Since October 2020 – Report

Network growth on Chainlink is at its lowest since October 2020 Fewer and fewer Chainlink addresses are interacting with the network Chainlink daily active addresses are at 5k compared to 13k in April There has been an increased inflow of LINK into crypto exchanges From a technical analysis point of view, Chainlink is in bearish territory trading below the 200-day and 50-week moving...

Jun 13 2021

3M+ Chainlink (LINK) Tokens Have Left Exchanges in the last 30 days

Over 3 million Chainlink tokens have left crypto exchanges in the last 30 days This is despite LINK undergoing a massive 71.69% correction from its most recent all-time high of $53 to $15 Chainlink prices at $20 and below could be a good buy zone for a long-term hold However, Chainlink's daily chart points towards more downside with the 50-week moving average providing...

Jun 06 2021

Chainlink (LINK) Integrated by 55 Projects in the Month of May

Chainlink technology was integrated into 55 projects in the month of May Chainlink is currently integrated into a total of 567 projects globally The Chainlink project recently celebrated its second mainnet launch anniversary The 200-day MA is providing adequate support for Chainlink However, a death cross is on the horizon for Chainlink that could cause a retest of $15 Chainlink oracles and price...

Jun 02 2021

Chainlink (LINK) Now Supported as a Payment Method on LocalBitcoins

LocalBitcoins has added Chainlink as a payment method Chainlink was added alongside Tether, Polkadot, Cardano, BCH, USDC, Dogecoin LocalBitcoin has also added support for several traditional payment methods such as Uphold, PaySera, Airtel Money and More Chainlink is currently having a hard time breaking past the 100-day moving average at the $30 - $32 price area The global peer-to-peer Bitcoin trading platform of...

May 15 2021

Chainlink Held By the top 10 Crypto Exchanges Addresses Drops by 67.6%

Investors are moving Chainlink tokens out of exchanges at an increasing rate 2.5% of Chainlink's circulating supply has left exchanges in the last 2 months The amount of Chainlink held by the top 10 crypto exchange addresses has dropped by 67.6% in the last 6 months Chainlink is currently battling to maintain the $44.30 support amidst a sub-$50k Bitcoin Chainlink investors are moving...

May 05 2021

Chainlink’s Network is Growing at a Rate of 12% Per Month – Analyst

Chainlink's network is growing at a rate of 12% per month When compounded, Chainlink's network is growing at a rate of roughly 300% per year The price of LINK is related to function calls on the network as demonstrated through Metcalfe's Law Therefore, LINK's recent all-time high was organic and a sign of additional growth to come Bitcoin and Crypto analyst, Timothy Peterson,...

Apr 24 2021

Chainlink’s Next Level of Support Below $32 is Around $27 – Weiss

Chainlink is currently battling to maintain the $32 price area as a support According to Weiss, $27 is the next level of support should $32 fail for Chainlink On a fundamental level, the team at Chainlink has awarded a community grant to ChainSafe The grant is aimed at expanding the Chainlink Oracle pallet on Polkadot The digital asset of Chainlink (LINK) is currently...

Apr 21 2021

Chainlink Supply Held by Top 1% Addresses Hits 3 Year High of 84.44%

The top 1% LINK addresses now hold 84.44% of Chainlink's total supply This amount, valued at $13.207 Billion, has reached a 3 year high Chainlink has been edged out of the top 10 on Coinmarketcap by digital assets such as Dogecoin, Polkadot, XRP and Cardano The implementation of Chainlink 2.0 will have a positive impact on the value of LINK The top 1%...

Apr 15 2021

LINK Soars to All-time Highs on Launch of the Chainlink 2.0 Whitepaper

The team at Chainlink has launched the whitepaper to version 2.0 of the project The new whitepaper proposes hybrid smart contracts on Chainlink The digital asset of LINK has set a new all-time high of $44.1447 - Binance rate Chainlink 2.0 might signal a new phase of growth for LINK in the crypto markets The team at Chainlink (LINK) has released a new...

Mar 25 2021

Chainlink’s Price Could Benefit from a Dormant Social Sentiment

In brief: Social media discussions surrounding Chainlink have been dormant since mid-February This might be a good thing as digital assets usually rise in price when there is no crowd excitement However, Chainlink's active addresses are declining alongside deposits to crypto exchanges The number of Chainlink whales with 10k LINK or more has also been on the decline Chainlink is currently battling to...

Mar 23 2021

Chainlink Team Has Dumped 34M+ LINK on Binance – Zeus Capital

Summary: Zeus Capital has continued to rattle the Chainlink project, constantly insinuating it is a scam The latest accusation is that the Chainlink team has been dumping LINK on Binance since last summer Zeus Capital highlights a Chainlink address holding 90k LINK and claims it once had 34.5 million tokens According to Zeus, the address sold 1M LINK per month and soon graduated...

Mar 21 2021

Chainlink Reserves on Crypto Exchanges Drop to 14.6% of Total Supply

Summary: Chainlink reserves on crypto exchanges have dropped to 14.6% of the total supply Chainlink's network has continued to grow for a third straight month $29 continues to act as a strong support for Chainlink However, an unstable Bitcoin might throw cold water on the fact that Grayscale opened a LINK trust Chainlink reserves on crypto exchanges have been in a state of...

Mar 12 2021

Chainlink’s Market Cap Could Hit $1T in 10 Years – Crypto Analyst

Summary: Timothy Peterson has forecasted that Chainlink could reach a $1 Trillion market cap in 10 years He compares Chainlink to Facebook that achieved a similar feat in the stated time period A $1 Trillion market cap translates to a $3k value of LINK Chainlink's scalability solution of Off- Chain Reporting could boost the value of LINK further Chainlink is currently battling to maintain...

Feb 26 2021

Chainlink Bug Bounty to Payout $100k For Critical Vulnerabilities

In brief: Chainlink has extended its bug bounty program to provide $100k for the disclosure of critical vulnerabilities The payout will either be in cash or LINK The Chainlink bug bounty program will be available through Gitcoin and HackerOne Chainlink's goal is to guarantee a secure oracle infrastructure for its smart contracts The team at Chainlink has announced that the project will be...

Feb 21 2021

Bitcoin’s Rise Could ‘Pull’ Chainlink (LINK) to $80 – Crypto Analyst

In summary: Timothy Peterson has forecasted that Chainlink could rise to $80 His estimate is based on Chainlink's relationship with Bitcoin Where BTC goes, LINK is not that far behind Bitcoin is closing in on $60k with Chainlink looking to defend the $34 price area during today's weekly close Timothy Peterson, of Cane Island Alternative Advisors, has forecasted that Chainlink's value could be...

Feb 14 2021

Chainlink (LINK) has Yielded 226% Returns in the Last 7 Weeks

In brief: Chainlink has provided approximately 226% returns in the last 7 weeks Chainlink has also set a new all-time high of $35.85 - Binance rate Chainlink's fortunes could continue as Bitcoin heads to $50k Chainlink investors who bought LINK around the beginning of the year at $11, are now approximately 226% in profits. This is according to an analysis done by the...

Feb 13 2021

LINK Hits New ATH of $32.10 Fueled by High Chainlink Address Activity

In brief: Chainlink just posted a new all-time high of $32.10 - Binance rate LINK's impressive market performance is backed by a high level of tokens circulating and a sustained high unique address activity Chainlink could very well continue on its upward trajectory towards higher levels However, its fate is tied to that of Bitcoin and a correction by BTC could halt LINK's...

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