Chainlink is currently trading in a bullish pattern that has been developing for at least seven months, capturing the attention of analysts and investors alike. Many are eagerly anticipating Chainlink to surge during this cycle and finally reclaim new all-time highs. The extended consolidation phase has kept traders on edge, as they await a significant…
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Chainlink (LINK) is at a crucial level after a sharp 22% retrace from recent local highs, sparking concern among investors and analysts. The recent downturn is compounded by unsettling on-chain data that suggests Chainlink’s network activity may weaken, adding to the uncertainty surrounding the asset. This decline in activity, coupled with broader market volatility, has…
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Chainlink (LINK) has faced significant volatility this week. Its price dropped over 13% from Monday’s high, bringing LINK to a critical support level of around $11.20. Traders and investors are closely monitoring this crucial area. The importance of this level is further emphasized by on-chain data from Santiment, which shows that demand for LINK is…
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Chainlink (LINK) has surged over 10% in the past few hours, pushing its price to $11.39 at the time of writing. This significant gain comes after two weeks of sideways consolidation, signaling a potential shift in momentum. As LINK rallies, data from Santiment, a leading crypto data intelligence platform, reveals that some daily traders are…
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Yesterday, August 5, LINK, the native currency of Chainlink, a decentralized Oracle provider, plunged to a six-month low. Changing hands at around $8, LINK fell by 64% from March highs, breaking out from a bull flag, signaling weakness. The correction was across the board, and leading altcoins like Solana and Cardano also posted sharp losses.…
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Chainlink’s LINK price is recovering from the $12.65 support. The price is gaining bullish momentum and might aim for a move above the $14.20 resistance. Chainlink price is showing bullish signs and eyeing more gains above $14.00 against the US dollar. The price is trading above the $13.50 level and the 100-hourly simple moving average.…
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Chainlink’s LINK price is consolidating above the $14.00 support. The price could gain bullish momentum if it clears the $14.65 resistance zone. Chainlink price is showing bullish signs and eyeing more gains above $15.00 against the US dollar. The price is trading below the $15.00 level and the 100-hourly simple moving average. There is a…
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A crypto analyst has highlighted the Chainlink remarkable resilience amidst market volatility, predicting that the cryptocurrency is getting ready to witness a 300% surge against Bitcoin, the world’s largest cryptocurrency. Chainlink Poised For 300% Increase Against Bitcoin Chainlink, a decentralized blockchain oracle network has been gaining traction recently, bolstered by the innovative developments within its…
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Chainlink’s LINK price is gaining bullish momentum above $16.50. The price could continue to move up if it clears the $17.50 resistance zone. Chainlink price is showing bullish signs and eyeing more gains above $17.00 against the US dollar. The price is trading above the $16.50 level and the 100-hourly simple moving average. There was…
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Crypto analyst CrediBULL Crypto recently warned that Chainlink (LINK) could experience a 50% to 60% drop in its price. However, based on his explanation, LINK holders may not have cause to worry as such a price drop is part of the crypto token’s growth. Why Chainlink Will Experience A Price Drop CrediBULL Crypto explained in…
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