Chainlink Archives - Page 13 of 30

January 20, 2024

Chainlink’s Advance Halts as It Confronts the Resistance at $17

Chainlink (LINK) Long-Term Analysis: Ranging Chainlink’s (LINK) sideways trend continues as it confronts the overhead resistance at $17. Buyers have failed to maintain the price above the $17 high after the uptrend ended on November 11, 2023. On the positive side, Chainlink is trading in an o...

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January 15, 2024

Chainlink (LINK/USD) Bull Market Pushes Towards the $16.00 Price Mark

In today’s trading session, the Chainlink market has recorded a 4.19% gain, effectively reversing the bearish momentum observed yesterday. The bullish price movement has propelled significantly towards the $16.00 mark, with the potential to surpass this level. Nevertheless, as the price appro...

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January 11, 2024

Chainlink Bounces as It Surpasses the Crucial $13 Support Level

Chainlink (LINK) Long-Term Analysis: Bearish Chainlink’s (LINK) sideways trend ends as it surpasses the crucial $13 support level. The altcoin dropped to a low of $12.35 on January 3, but bulls purchased the dips. On January 8, the bears resumed their upward trajectory by testing the current ...

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December 26, 2023

Chainlink Faces Another Setback as It Approaches $16

Chainlink (LINK) Long-Term Analysis: Ranging Chainlink (LINK) has been trading below the $17.00 overhead barrier as it faces another setback. Since November 11, buyers have tried twice in vain to keep the price above the $17 overhead resistance. The cryptocurrency will fall below the moving average...

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December 21, 2023

Chainlink Drifts Lower as It Faces Further Rejection at $14.70

Chainlink (LINK) Long-Term Analysis: Bearish Chainlink’s (LINK) price has fallen below the moving average lines as it faces further rejection at $14.70. The cryptocurrency fell above the $13.94 support level as bulls bought dips. Buyers are seeking to re-establish the cryptocurrency above the...

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December 13, 2023

Chainlink Enters the Oversold Zone as It Seeks the $13.40 Level

Chainlink (LINK) Long-Term Analysis: Bearish Chainlink’s (LINK) upswing faces a second rejection at the high of $17.37 as it seeks the $13.40 level. The uptrend has been stopped since November 11 at the high of $16.50. Buyers failed to re-establish bullish momentum above the current high, res...

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December 06, 2023

Chainlink Trends Sideways as Buyers Aim to Overcome the $16.58 Barrier

Chainlink (LINK) Long-Term Analysis: Bullish Chainlink (LINK) has been stuck at the recent high as buyers aim to overcome the $16.58 barrier. The inability of buyers to sustain the price above the recent high resulted in a sideways trend above the moving average lines. Buyers are currently driving ...

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November 29, 2023

Chainlink Falls to $13.42 As Bulls Purchase the Dips

Chainlink (LINK) Long-Term Analysis: Bullish Chainlink (LINK) remains above the 21-day moving average line as bulls purchase the dips. The bulls will purchase the dips whenever the bears breach the 21-day SMA. Bulls purchased the dips on November 27, when the bears broke through the 21-day SMA and ...

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November 22, 2023

Chainlink Continues to Rise as It Trades above $13.40

Chainlink (LINK) Long-Term Analysis: Bullish Since November 11, Chainlink’s (LINK) uptrend has been stopped around a high of $16.58 as it trades above $13.40. The altcoin has been trading between $12.80 and $17 during the last week. On November 21, the bears drove the price below the 21-day s...

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