Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Chainlink Forum => Topic started by: Altcoin1998$ on March 24, 2021, 01:19:01 AM
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Chainlink moved south from support at $28.5, on the back of bearish on-chain metrics. Uniswap was predicted to drop below the $31.8-level, while Dash lost out on a crucial line of defense at $218.2.
(https://i.imgur.com/2OH20An.png)
indications were present in the market as Chainlink dropped below $28.5-support. The first was a bearish twin peak setup on Awesome Oscillator, which saw momentum rise sharply on the selling side. The second was a bearish divergence on the RSI. Both factors, along with a bearish broader market, contributed to the breakdown of the price. RSI avoided the oversold territory, but a rise toward the upper region was unlikely in the coming sessions.
Previously, a move into the current region saw a brief period of consolidation before moving upward, and the same was expected moving forward
Sources:More (https://ambcrypto.com/chainlink-uniswap-dash-price-analysis-23-march/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
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Chainlink price daily analysis report
Chainlink price today is $26.52 with a 24-hour trading volume of $835,092,177. LINK price is down -2.0% in the last 24 hours. It has a circulating supply of 420 Million LINK coins and a max supply of 1 Billion. Source (https://www.coingecko.com/en/coins/chainlink)
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Chainlink price today is $30.89 with a 24-hour trading volume of $1,621,466,178. LINK price is down -4.1% in the last 24 hours
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Chainlink price daily update news
Chainlink price today is $31.22 with a 24-hour trading volume of $1,630,422,304. LINK price is down -2.4% in the last 24 hours. It has a circulating supply of 420 Million LINK coins and a max supply of 1 Billion. Source (https://www.coingecko.com/en/coins/chainlink)
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indications were present in the market as Chainlink dropped below $28.5-support. The first was a bearish twin peak setup on Awesome Oscillator, which saw momentum rise sharply on the selling side. The second was a bearish divergence on the RSI. Both factors, along with a bearish broader market, contributed to the breakdown of the price. RSI avoided the oversold territory, but a rise toward the upper region was unlikely in the coming sessions.
Previously, a move into the current region saw a brief period of consolidation before moving upward, and the same was expected moving forward.
(https://i.imgur.com/30Tqs3D.png)
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Chainlink price today increasing more than $50 but recently price little bit deceased but it would be increased $100 within this mod year 2021.
(https://i.imgur.com/C8OILGb.png)
The release of the Chainlink 2.0 whitepaper is one such development. The whitepaper in question proposed a roadmap for the future of Chainlink, with the same seeking to address the limitations of the initial whitepaper. Smart contracts functionality is one such limitation, with a recent report by OKEx Insights highlighting
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I hoped to see the big whales in 2021. In 2021, the cryptocurrency market is much better. Most cryptocurrencies have risen to the top in 2021. If you look at the current support zone, you will see the story of each cryptocurrency improvement. Chainlink has improved through various changes.
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Oscillator maintained a positive reading for the past two weeks, while RSI traded above 50. However, these could also be interpreted as warning signs prior to an incoming correction. If the $45.6-level is flipped, an extended sell-off was possible all the way towards $38. For a favorable outcome, the bulls would need to claim the region above $50-52.
(https://i.imgur.com/pI9Is59.png)
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Chainlink's symmetrical region looks much better. Nowadays it has gained a lot of popularity. Link's popularity is currently one step ahead. Investors are constantly inclined to invest. So the scope of investment is constantly increasing. I think since prices tend to rise every moment, investors should hold on to investments for a longer period of time.
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Chainlink Price day 26 may 2021
Chainlink Price $25.83
Price Change
24h
$1.28
5.20%
24h Low / 24h High
$23.66 /
$27.39
Trading Volume
24h
$2,558,397,006.86
30.87%
Volume / Market Cap 0.2301
Market Dominance 0.69%
Market Rank #14
Chainlink Market Cap
Market Cap $11,116,306,789.66
6.80%
Fully Diluted Market Cap $25,972,099,659.72
20.76%
Source
https://coinmarketcap.com/currencies/chainlink/
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Chain link price daily update news
Chainlink (LINK)
$33.54 11.1%
0.00085807 BTC 9.7%
0.01201452 ETH 8.2%
Market Cap
$14,333,254,569
24 Hour Trading Vol
$3,019,896,330
24h Low / 24h High
$29.76 / $35.27
Circulating Supply
428,009,553 / 1,000,000,000
Fully Diluted Valuation
$33,488,165,014
Max Supply
1,000,000,000
(https://i.imgur.com/X5w4QjG.jpg)
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Chainlink Price today 29 may 2021
Chainlink Price $27.33
Price Change
24h
$-0.7783
2.77%
24h Low / 24h High
$26.94 /
$30.71
Trading Volume
24h
$2,593,390,724.99
5.76%
Volume / Market Cap 0.2209
Market Dominance 0.77%
Market Rank #13
Chainlink Market Cap
Market Cap $11,740,395,863.40
2.43%
Fully Diluted Market Cap $27,334,423,079.35
20.76%
Source
https://coinmarketcap.com/currencies/chainlink/
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30 may analysis
chainlink traded close to $23.7-support at the time of writing- a defensive line that has countered multiple pullbacks since February. A bounce-back was expected from this region but gains would likely be limited to the upper ceiling at $35. In case of a breakdown, additional areas of defensive lay between $19.7 and $17.2.
(https://i.imgur.com/GRCQQ54.png)
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Let me make a comment.
With its strong blockchain infrastructure, Chainlink is one of the cryptocurrencies with high potential.Last week, when the crypto market was still in a downtrend, it found support at $15. Let's not forget that it dropped from $ 53.For long-term thinkers, there is a 5x probability from its current level.
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01 June
12-hour chart identified a strong resistance zone between $30 and $35.5. During LINK’s most recent rally, the price was rejected at the upper end of this zone and saw downward movement. The diverging nature of these bands also indicated that a strong bearish trend was still in play. If these bands cross moving forward, expect a flip of market dynamics.
(https://i.imgur.com/3L3IDnr.png)
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The Chainlink price (https://the Url is blocked due to spam #Cpspam/price-prediction/chainlink-price-prediction/) has been beholding swings with constant highs and lows. However, the last week witnessed this cryptocurrency move in a fall in a bearish trap. The price dipped even below $24 the day before, making it appear unfavorable. But in the last 24 hours, the price movements kick-started with some bulls in hand. In the early hours, it moved near $32 touching on a new high. But shortly, the price began to drop towards $30
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02 June Analysis
Chainlink market suggested a bearish hold on the price. LINK traded at $30.51 as it rejected resistance at $33. The 50 Moving average hovering over its price was an indication of the downward pressure on the value.
(https://i.imgur.com/ew800l0.png)
The Fibonacci retracement tool was useful in spotting the dominant price levels in the market and currently, $30 looks like a crucial level to hold on to. But the Directional Movement Index suggested LINK may breach support at $30 and head lower.
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Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.
Chainlink Price
Chainlink Price $24.39
Price Change
24h
$0.1955
0.81%
24h Low / 24h High
$23.39 /
$25.74
Trading Volume
24h
$1,469,439,516.46
17.79%
Volume / Market Cap 0.1391
Market Dominance 0.66%
Market Rank #14
Chainlink Market Cap
Market Cap $10,564,647,587.01
1.72%
Fully Diluted Market Cap $24,511,400,016.51
20.76%
link: https://coinmarketcap.com/currencies/chainlink/
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ChainLink's current price is 27 dollar. Earlier, the price was much higher a few days ago, but now the price of the chain link is much lower. But now the possibility of price increase is much higher. Thus, if the price continues to rise, it is certainly more likely to be 50 dollar.
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Chainlink price today is $22.55 with a 24-hour trading volume of $1,018,938,498. LINK price is down -4.7% in the last 24 hours. It has a circulating supply of 430 Million LINK coins and a max supply of 1 Billion. If you are looking to buy or sell Chainlink, Binance is currently the most active exchange.
Source link: https://www.coingecko.com/en/coins/chainlink
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Chainlink’s recent upgrade to its ecosystem came via the launch of Keepers– designed to decentralize and automate smart contract functions. As far as its price is concerned, the update did correlate to some bullish movement but a breakout above $25.6 was denied by sellers. However, the bulls had an opportunity to topple this resistance once again as the price approached the $21.5-support level.
(https://i.imgur.com/XgrRD2v.png)
Since LINK traded within an up-channel, a breakout was expected from the pattern and this could be triggered at LINK’s next point of contact ($21.5). A 20% rally awaited LINK towards $32.5 and the same would be confirmed in case of a hike above the 50-SMA (yellow).
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19 June
(https://i.imgur.com/2mgbPhK.png)
Chainlink, the market’s 15th ranked coin, saw an almost 13.9% price fall in just two days. The alt’s price noted minor gains on 17 June, following which, its price fell and tested the $21.5-mark. LINK’s price clung to the support at $21.5, at press time, testing it multiple times.
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Chainlink moved south from support at $28.5, on the back of bearish on-chain metrics. Uniswap was predicted to drop below the $31.8-level, while Dash lost out on a crucial line of defense at $218.2. source (https://ambcrypto.com/chainlink-uniswap-dash-price-analysis-23-march/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
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Let me make a comment.
With its strong blockchain infrastructure, Chainlink is one of the cryptocurrencies with high potential.Last week, when the crypto market was still in a downtrend, it found support at $15. Let's not forget that it dropped from $ 53.For long-term thinkers, there is a 5x probability from its current level.
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LINK is currently priced at thirty-two dollars. a resistance zone awaits us on the way, which is located in the thirty-four thirty-six dollar range. From there there was a good sink on the seventh of September. If we overcome this zone, we will reach fifty dollars.
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Chainlink's symmetrical region looks much better. Nowadays it has gained a lot of popularity. Link's popularity is currently one step ahead. Investors are constantly inclined to invest. So the scope of investment is constantly increasing. I think since prices tend to rise every moment, investors should hold on to investments for a longer period of time.
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If you look at the chart of the Chainlink coin for now, we should be proud because the Chainlink coin has gone up very well, although there is a slight decrease, this Chainlink coin is really very good to hold.
Do not let there be negative feelings for the Chainlink coin because we can see from the Ethereum coin which used to have a small market cap but now has a very super expensive value.
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Nowadays it has gained a lot of popularity. Link's popularity is currently one step ahead. Investors are constantly inclined to invest. So the scope of investment is constantly increasing. I think since prices tend to rise every moment, investors should hold on to investments for a longer period of time.
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I look forward to the upcoming updates on LINK prices. I still hope LINK will participate in the market rally in the near future. LINK remains the essential project for DeFi and the entire crypto market.
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I will buy Link when winter season arrives, for now, I will monitor the price of the link before entering the market. I believe link will provide benefits