TL;DR Breakdown Chainlink price analysis suggests an upwards movement to $18.00 The closest support level lies at $16.92 LINK faces resistance at the $17.32 mark The Chainlink price analysis shows that LINK has struggled to break above the $7.00 mark in the past few days as the bullish momentum fades....
A widely followed crypto strategist and trader warns Ethereum (ETH), Polkadot (DOT) and Chainlink (LINK) are likely not yet done correcting. Analyst Justin Bennett tells his 101,300 Twitter followers Ethereum may be trading within a descending channel, suggesting further downside for the leading smart contract platform. “Fakeouts to one side...
Solend, a DeFi protocol built on Solana, is at crossroads as threat of liquidation puts user funds at risk. We have launched Cryptogram, an India-focused free weekly newsletter on blockchain tech, global crypto markets, and Web 3.0 technologies which promise to change our future. If you would like to subscribe...
Chainlink price analysis shows that the LINK/USD pair is facing a bearish market as it has slipped below the $6.00 mark. The key support level for the pair is present at $5.79, and if this level breaks, the pair may drop to $5.50. On the other hand, the resistance level...
The DC Blockchain Summit is an event that took place in May this year. The event looks to bring legislation into the crypto world to stabilise the market and prevent huge swings in value as seen through the current bear market. The DC Blockchain Summit looks to “develop a pro-growth legal and regulatory...
Chainlink price analysis for June 16, 2022, illustrates the market is following a complete bullish movement. The price of Chainlink has declined significantly over the past few hours; however, the trend has devaluation dynamics now. On June 15, 2022, the price crashed and went from $6.8 to $5.6. However, it...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.LINK After sailing within the bounds of a side-channel for nearly three weeks, Chainlink’s [LINK] breakout was quick to register an up-channel (yellow) breakdown. This fall pierced through some critical...
