Chainlink (LINK) has surged over 10% in the past few hours, pushing its price to $11.39 at the time of writing. This significant gain comes after two weeks of sideways consolidation, signaling a potential shift in momentum. As LINK rallies, data from Santiment, a leading crypto data intelligence platform, reveals that some daily traders are…
LINK Surges 11% As Key Data Reveals Day Traders Are Locking Gains Read More »
Chainlink (LINK) has made a sharp 20% recovery from the crash during the past day, as the network has seen a spike in address activity. Chainlink Has Returned Above $9.8 After Recovery Rally The cryptocurrency sector had opened the week with a sharp crash, and Chainlink was no exception, as its price had slammed down…
Chainlink (LINK) Recovers 20% As Network Lights Up With Activity Read More »
Yesterday, August 5, LINK, the native currency of Chainlink, a decentralized Oracle provider, plunged to a six-month low. Changing hands at around $8, LINK fell by 64% from March highs, breaking out from a bull flag, signaling weakness. The correction was across the board, and leading altcoins like Solana and Cardano also posted sharp losses.…
Chainlink Drops by 64% In 5 Months, LINK Holders Unfazed: They Are Rapidly Accumulating Read More »
On-chain data shows Chainlink has just seen a level of decline in its exchange reserve that last led to a massive rally for the cryptocurrency. Chainlink Exchange Supply Has Dropped By 1.6% In The Past Month According to data from the on-chain analytics firm Supply on Exchanges,” which, as its name suggests, keeps track of…
Chainlink (LINK) Forms Signal That Last Led To 123% Rally Read More »
On-chain data shows that Chainlink investors have been realizing significant losses recently, a sign that the price plunge has put fear into their minds. Chainlink FUD Could Lead Towards Bottom Formation According to data from the on-chain analytics firm Network Realized Profit/Loss,” which keeps track of the net amount of profit or loss that Chainlink…
Chainlink Traders Capitulate After 10% Plunge: Bottom Here? Read More »
Chainlink (LINK) has enjoyed a sharp surge of more than 21% over the past 24 hours. Here’s what data suggests could be behind this rally. Chainlink Has Surprised Crypto Market With Breakout In The Past Day While most cryptocurrency sectors have seen flat or small green returns over the last 24 hours, Chainlink has shown…
Chainlink Becomes Crypto Winner With 21% Rally: What’s Driving This? Read More »
The Depository Trust and Clearing Corporation (DTCC) has partnered with blockchain oracle Chainlink and several prominent banking institutions in the United States to conduct a successful pilot aimed at accelerating the tokenization of funds. The collaboration has not only paved the way for the adoption of blockchain technology in the traditional asset management sector but…
Major Success For Chainlink: US Banks’ Pilot Program Propels LINK Price Up 6%, Details Read More »
On-chain data shows that a Chainlink indicator is currently forming a pattern that has led to an average 50% increase for LINK in the past. Chainlink 30-Day MVRV Ratio Has Plunged In a new post on X, analyst Ali discussed the latest trend in Chainlink’s 30-day MVRV ratio. The “Market Value to Realized Value (MVRV)…
Chainlink (LINK) Forms Bullish Pattern That Led To 50% Rally On Average Read More »
One analyst on X notes that Chainlink is facing a tug-of-war between bullish momentum and strong upside resistance from profit-taking traders. For bulls to add to their longs and extend the uptrend, the existing oversupply must be moped, paving the way for more gains above immediate liquidation levels. Profit Taking Slowing Down LINK Bulls Looking at the…
Chainlink Facing Strong Rejection From Profit-Taking, Will CCIP Recharge Demand? Read More »
