Analyst: Chainlink Gearing Up for a Major Push Higher as Bulls Defend $10.00
Chainlink is currently attempting to confirm $10.00 as a support level as it faces inflows of selling pressure that jeopardize its near-term outlook. Despite the present weakness it is facing, a confirmation of this level as support would be incredibly bullish, as it would mark a mid-term support-resistance flip that potentially kicks off the next […]
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Chainlink has seen a strong push higher over the past few days, with its ongoing rise coming about in tandem with that seen by Bitcoin and Ethereum This market-wide uptrend has proven to be highly beneficial for altcoins, with many posting massive gains throughout the past few hours as bulls aim at sparking a full-blown […]
Chainlink has seen some mixed price action over the past few days, with buyers and sellers both struggling to gain control of its mid-term trend as its price hovers within the mid-$12.00 region. This has long-been a consolidation channel for the cryptocurrency, with the resistance at $13.00 often proving to be too much for the […]
Chainlink (LINK) is building momentum as bullish signals begin to align, strengthening the case for an upcoming breakout. After sweeping liquidity and testing resistance levels, the price action now suggests growing buyer confidence, indicating that LINK may be poised for its next major upward move. Impulsive Price Action Suggests Building Momentum More Crypto Online, a respected crypto analyst on X, recently provided an update on Chainlink, highlighting that the price is currently testing a critical micro-resistance level. This area is seen as a short-term hurdle for LINK, and the way the....
Sharing his daily technical outlook, CryptoWzrd noted in a recent post that Chainlink (LINK) ended the session bullish, hinting at the possibility of further upside. With LINKBTC rebounding from an extreme oversold zone, LINK could be gearing up for its next move upwards. Bullish Daily Close For Chainlink And LINKBTC CryptoWzrd, expanding on his latest analysis, explained that both Chainlink and LINKBTC closed the day with bullish daily candles, a sign that momentum could be building in favor of buyers. This positive structure on higher time frames indicates that sentiment may be shifting....
Chainlink has been lagging behind Bitcoin and the rest of the market throughout the past few weeks This trend is coming to an end, however, as bulls have stepped up and propelled the cryptocurrency significantly higher today It still has a way to go before it sets all-time highs, but its current momentum does seem […]