May 02, 2022

Chainlink Falls Significantly as It Rebounds Above $10.66

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price is in a downtrend as it rebounds above $10.66 . The cryptocurrency has fallen to the oversold region of the market. The current downtrend is likely to subside as it reaches the oversold region of the market. Since April 30, ...

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April 25, 2022

Chainlink Reaches Oversold Region as Buyers Emerge Above $13 Support

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price is in a downtrend as buyers emerge above $13 support. The cryptocurrency has fallen to the low of $12.98 at the time of writing. As bears break below the previous low, the market is expected to revisit the low of $12.44 pric...

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April 18, 2022

Chainlink Is in a Downtrend as the Altcoin Risks Further Decline to $11

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price is in a downward correction as it risks further decline to $11 . For the past week, the altcoin has been consolidating above the current support. Following the recent breakdown, the selling pressure subsided as Chainlink res...

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April 11, 2022

Chainlink Declines and Holds above $14.94, May Slide to $12 Low

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price has fallen below the moving averages as it may slide to $12 low. The cryptocurrency fell in between the moving averages. It is above the 50-day line SMA but below the 21-day line SMA. The altcoin will commence a range-bound ...

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April 04, 2022

Chainlink Retraces to $17 Low as Bulls Attempt To Resume Uptrend

Chainlink (LINK) Long-Term Analysis: BullishChainlink’s (LINK) price fell to $17.55 low as bulls attempt to resume uptrend. After the retracement, buyers are attempting to break the resistance at $19. The breaking of the $19 resistance is crucial to a further upward movement of the cryptocurr...

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March 27, 2022

Chainlink Holds Above $15 Support as the Altcoin Targets the $19 High

Chainlink (LINK) Long-Term Analysis: BullishChainlink’s (LINK) price is trading above the moving averages as the altcoin targets the $19 high. In the first uptrend, the market reached the high of $16 but retraced above the $15 support. The $15 support was the previous resistance that has been...

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March 21, 2022

Chainlink Faces Rejection at $15, Risks Further Decline

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price faces rejection at the 50-day line moving average as it risks further decline. In other words, Chainlink is facing rejection at the $15 high. Since March 16, LINK/USD has been in a range-bound move between the 50-day line mo...

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March 14, 2022

Chainlink Holds Above $13 Support, Unable to Break $19 High

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price is in a downward correction but unable to break $19 high. Yesterday, the cryptocurrency fell to the low of $12.60 but pulled back. Today, Chainlink is trading above the $13 support. Since January 24, buyers have consistently...

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March 07, 2022

Chainlink Breaks Crucial Support at $13, May Revisit the Previous Low at $11

Chainlink (LINK) Long-Term Analysis: BearishChainlink’s (LINK) price is in a downtrend but may revisit the previous Low at $11. The $13 support is the historical price level of the January 22 price slump. Chainlink is likely to hold above the support. The $13 historical price level has been h...

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