October 27, 2024

Chainlink (LINK/USDT) Tests the $11.99 Level

ChainLink Long-term Analysis: Bearish With the formation of lower highs followed by short-term upside retracement, ChainLink against the Tether has experienced a fall in price for an extended period of the year. The current price actions around the lower band suggest reduced volatility in the marke...

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October 25, 2024

Chainlink (LINK/USD) Set to Conquer $12.00 Price level

Since Chainlink bulls established a pivotal support at the $9.00 price level to initiate an upward trend, the market has consistently been forming higher lows. This suggests that the bulls are steadily gathering momentum to drive the market upward. Toward the end of September, the market peaked at ...

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October 20, 2024

ChainLink (LINK) Shows Sign of Potential Breakout While Consolidating Around $11.80

ChainLink Long-term Analysis: Bearish ChainLink (LINK) against the Tether this week has witnessed a price surge of about 7.53%, with the pair’s price aiming at $12.23. Prior to this time, LINK/USDT has been ranging between the lower segment of the Bollinger bands. However, the tightened bands...

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October 13, 2024

Chainlink (LINK/USD) Advance Towards $8.179 Support Level

Chainlink Long-term Analysis: Bearish The LINK/USD after short-term correction to the middle Bollinger band seems to be consolidating within a defined range. Despite this, the overall market analysis remains bearish. The stochastic Relative Strength Index (RSI) suggests a potential bullish momentum...

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October 06, 2024

Chainlink (LINK) Tested the $12.877 While Consolidating

Chainlink Long-term Analysis: Bearish The Chainlink (lINK/USD) on the weekly chart shows a bearish sentiment in the broader sense despite ranging activities below the middle Bollinger band. The 9.66% drop in price from the last week’s high suggests bearish pressure in the market. Presently, t...

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September 18, 2024

Chainlink (LINK) Analysis: Is It a Good Investment in 2024?

Chainlink‘s early lead in the oracle space has solidified its position as the go-to solution for decentralized applications (dApps) seeking reliable external data. Its extensive network of partnerships and first-mover advantage have granted it a significant competitive edge. As blockchain tec...

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September 10, 2024

Chainlink Remains Above $9.00 but Faces an Additional Drop

 Chainlink (LINK) Long-Term Analysis: Bearish Chainlink’s (LINK) price has remained range-bound but faces an additional drop. On August 5, bulls bought the dips, halting the slide above the $9.00 support. For the past month, buyers have kept the altcoin’s price above the $9.00 support b...

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August 30, 2024

Chainlink Meanders Sideways as It Hovers Above $10

 Chainlink (LINK) Long-Term Analysis: Ranging Chainlink’s (LINK) price has continued its sideways move as it hovers above $10. Furthermore, the bulls have stopped the altcoin’s decline above $9.00, allowing it to resume its upward trend. For the past three weeks, the cryptocurrency has ...

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August 18, 2024

Chainlink Consolidates Above $9.00 as It Remains Inside Its Range

 Chainlink (LINK) Long-Term Analysis: Bearish Chainlink’s (LINK) price is in a sideways trend as it remains inside its range. On August 5, bulls bought dips and started fluctuating above the $9.00 support but below the moving average lines. The drop has paused above the $9.00 support level. O...

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