Tag: link

Whether you are a long or short-term trader, choosing the right token to buy into can be very outwearing considering the extensive diversity in the blockchain ecosystem. With many tokens categorically ranking in Gaming, metaverse, DeFi, Governance, and security, there is a need for a closer insight as to what token will outdo the other.

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

We’re thrilled to announce that Kraken now supports new margin pairs for Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Dogecoin (DOGE), Solana (SOL) and Decentraland (MANA)! Trading Margin trading is now available for the below pairs: Pair base Pair name Available leverage… The post...

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...

Following Chainlink's listing on Robinhood, a well-known cryptocurrency exchange, the cryptocurrency price has soared by 5%. To announce the listing, Robinhood used Twitter. In the interim, Chainlink's price increased by about 5%. As of the time of this writing, the price of LINK is $7.01. The 24-hour trading volume for tokens has increased by over […] The post...

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...

Some jurisdictions have put mandatory regulations for BTC and crypto-related companies. For example, a law demands that all crypto service firms and exchanges have a financial license. Such laws are appropriate as more criminal activities and scams are rampant through the use of cryptocurrencies. As digital assets and crimes grow, many governments are on edge. They are striving to keep up with digital...

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...

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...

On June 10th, the...

With the onset of June, the crypto market is exhibiting a semblance of stability over the past week. However, the recent market downturn and the performance of immensely volatile cryptos such as LUNA repulsed investors from the crypto space.

The...

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...

In the past year, the cryptocurrency space has had a phenomenal value surge, and it is showing no indication of slowing down any time soon.

Oracle crypto projects solve real-world problems of blockchain and smart contracts. They allow on-chain smart contracts to get reliable off-chain data, often necessary for contract execution. An oracle sources reliable data from multiple independent sources, filters it for inaccuracies, and transmits it across. It also ensures that data isn’t tampered with while delivering it to where it's required. Why are Crypto Oracles Important?...

With the market currently in peril, Ethereum whales are taking this as an opportunity to add more coins to their portfolios. Altcoins have taken the biggest hit in the market and as such have been the focus of these whales who obviously see these tokens as being on discount. They have been focusing on a number of tokens but the top three tokens...

Chainlink is a platform for creating Decentralized Oracle Networks (DONs), which enable the establishment of hybrid smart contracts by bringing real- world data onto blockchain networks. Chainlink offers the capacity to expand smart contracts, making data for events and transactions more accessible. Decentralized Oracle Networks (DONs) are a network of autonomous oracle node operators...

The recent rise in the fortunes of cryptocurrencies in the last few years has been key to its massive adoption. Investors globally have flocked to digital assets, all in a bid to earn a significant return on investments. This surging demand has also seen the market grow astronomically as competition for space becomes stiffer. However, while one cannot deny that growth,...

Synthetix is a financial primitive enabling the creation of synthetic assets, offering derivatives and exposure to real-world assets on the blockchain. A synthetic asset, in turn, is simply a tokenized derivative that mimics the value of another asset. A spot exchange-traded fund, or ETF, is a typical example of a synthetic asset that could represent...

Table of ContentsChainlink Price Prediction | IntroductionChainlink Price Prediction: Technical AnalysisChainlink Price...