CRYPTO NEWS TRENDING
  • Home
  • News
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Dogecoin
  • Litecoin
  • Solana
  • Market And Analysis
  • Luna Crash
  • Regulation
No Result
View All Result
  • Home
  • News
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Dogecoin
  • Litecoin
  • Solana
  • Market And Analysis
  • Luna Crash
  • Regulation
No Result
View All Result
CRYPTO NEWS TRENDING
No Result
View All Result
Home Market And Analysis

ChainLink price analysis: LINK attempts to overthrow bears at $8.6

cryptonewstrending_bgpqv5 by cryptonewstrending_bgpqv5
August 16, 2022
in Market And Analysis
0
ChainLink price analysis: LINK attempts to overthrow bears at $8.6
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


ChainLink price evaluation for August 16, 2022, reveals the market following a bearish motion, acquiring vital constructive momentum, signifying a acquire of positivity for the LINK market. The worth of ChainLink has remained unfavourable over the previous few hours. On August 15, 2022, the worth crashed from $9 to $8.5. Nevertheless, the market began to extend in worth quickly after and gained extra worth. Furthermore, ChainLink has peaked and reached $8.6, simply shying away from the $9 mark.

The present worth of ChainLink is $8.5, with a buying and selling quantity of $379,047,889. Chainlink has been up 1.50% within the final 24 hours. ChainLink at present ranks at #24 with a stay market cap of $4,073,590,336.

ITB Widget Instance

LINK/USD 4-hour worth evaluation: Newest developments

ChainLink price evaluation reveals the market’s volatility following a closing motion. Which means the worth of ChainLink is turning into much less vulnerable to the motion in the direction of both excessive, exhibiting reducing dynamics. The Bollinger’s band’s higher restrict is $9.4, which is a help level for LINK. Conversely, the decrease restrict of Bollinger’s band is $8.4, which is one other help level for LINK.

The LINK/USD worth seems to be shifting beneath the worth of the Transferring Common, signifying a bearish motion. The market’s development appears to be dominated by bears. The LINK/USD worth seems to be shifting upward, illustrating an growing market. The market seems to be exhibiting bullish potential.

image 141
LINK/USD 4-hour worth chart Supply: TradingView

ChainLink worth evaluation reveals that the Relative Energy Index (RSI) is 44, exhibiting an inflated cryptocurrency market. Which means the cryptocurrency falls into the lower-neutral area. Moreover, the RSI seems to maneuver upwards, indicating an growing market. The dominance of shopping for exercise causes the RSI rating to Enhance.

ChainLink worth evaluation for 1-day

ChainLink worth evaluation reveals the market’s volatility following a reducing motion, which signifies that the worth of ChainLink is turning into much less vulnerable to expertise variable change on both excessive. The Bollinger’s band’s higher restrict is $9.5, serving as LINK’s strongest resistance level. Conversely, the decrease restrict of Bollinger’s band is at $6.8, which is the strongest help level for LINK.

The LINK/USD worth seems to be shifting beneath the worth of the Transferring Common, signifying a bearish motion. The market’s development appears to have proven bearish dynamics in the previous couple of days. Nevertheless, the market has selected a constructive method. In consequence, yesterday, the development nearly shifted, the worth began shifting upward, and the market began closing its volatility. This alteration may’ve performed an important function within the growth of ChainLink. Nevertheless, the worth makes an attempt to cross the shifting common of the market, which could reverse the market dynamic utterly.

image 142
LINK/USD 1-day worth chart Supply: TradingView

Chainlink worth evaluation exhibits the Relative Energy Index (RSI) to be 60, signifying a steady cryptocurrency. Which means the cryptocurrency falls within the higher impartial area. Moreover, the RSI path appears to have shifted to an upward motion. The growing RSI rating additionally means dominant shopping for actions.

ChainLink Worth Evaluation Conclusion

Chainlink worth evaluation reveals the cryptocurrency follows an upward development with a lot room for exercise on the constructive excessive. Furthermore, the market’s present situation seems to be following a constructive method, because it exhibits the potential to maneuver to both bullish excessive.

Disclaimer. The data supplied isn’t buying and selling recommendation. Cryptopolitan.com holds no legal responsibility for any investments made based mostly on the data supplied on this web page. We strongly advocate unbiased analysis and/or session with a professional skilled earlier than making any funding choices.





Source link

Tags: analysisattemptsbearsChainLinkLINKoverthrowPrice
cryptonewstrending_bgpqv5

cryptonewstrending_bgpqv5

Related Posts

Cathie Wood on Deflation Risk, Tech Stocks and Bitcoin – Bloomberg
Market And Analysis

Polkadot price analysis: DOT surges to $6.87 after a successful … – Cryptopolitan

February 8, 2023
Cathie Wood on Deflation Risk, Tech Stocks and Bitcoin – Bloomberg
Market And Analysis

ChatGPT gets integrated into the crypto world as Google prepares to launch its rival – The Cryptonomist

February 8, 2023
Cathie Wood on Deflation Risk, Tech Stocks and Bitcoin – Bloomberg
Market And Analysis

What Does a Risk Analysis Say About Tokemak (TOKE) Tuesday? – InvestorsObserver

February 8, 2023
Next Post
Winter in June: Distress in the Crypto Industry and Potential Regulatory Responses

Winter in June: Distress in the Crypto Industry and Potential Regulatory Responses

Bitcoin, Ethereum, Litecoin Price Analyses

Bitcoin, Ethereum, Litecoin Price Analyses

Crypto Moves – Bitcoin and Ethereum fall; 10X SPAC and Prime Blockchain complete $1.25bn merger deal

Crypto Moves – Bitcoin and Ethereum fall; 10X SPAC and Prime Blockchain complete $1.25bn merger deal

Recommended

Terra Luna 2.0? Binance CEO Reveals Huge $2 Billion Fund After FTX Meltdown Crashed The Bitcoin And Crypto Price

Terra Luna 2.0? Binance CEO Reveals Huge $2 Billion Fund After FTX Meltdown Crashed The Bitcoin And Crypto Price

3 months ago
Solana’s Doge-Themed BONK Drops 54% After Bonkers 3,300% Gains

Solana’s Doge-Themed BONK Drops 54% After Bonkers 3,300% Gains

1 month ago
Low Cap Ethereum-Based Altcoin Goes on 170% Run Following Release of New Roadmap

Low Cap Ethereum-Based Altcoin Goes on 170% Run Following Release of New Roadmap

2 weeks ago
Neo price analysis: is NEO/USD gearing up for positive action above $8.6?

Neo price analysis: is NEO/USD gearing up for positive action above $8.6?

4 months ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Dogecoin
  • Ethereum
  • Litecoin
  • Luna Crash
  • Market And Analysis
  • News
  • Regulation
  • Solana

Topics

altcoin Altcoins analysis Analyst big Binance Bitcoin Blockchain BTC Bullish Buy Cardano Coin crash Crypto Cryptocurrency Digital DOGE Dogecoin ETH Ethereum Exchange Eyes FTX Heres Inu investors Latest Litecoin LTC Market News Prediction Price Protocol Rally Regulation Risk Shiba SOL Solana Today Token Top Week
No Result
View All Result

Highlights

How Tether paid out $20 billion in 30 days – Interview with Tether … – Techpoint Africa

Polkadot price analysis: DOT surges to $6.87 after a successful … – Cryptopolitan

ConsenSys founder 'bullish' on Ethereum following crypto winter performance – Cointelegraph

Dubai bars issuance of privacy coins, details other crypto regulations – CryptoSlate

‘Year Of Opportunity’—Fed Chair Suddenly Sets Crypto Markets Alight After $250 Billion Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana Price Surge – Forbes

Why Don't Altcoins Threaten Bitcoin? – Eye On Annapolis

Trending

Cathie Wood on Deflation Risk, Tech Stocks and Bitcoin – Bloomberg
Dogecoin

Polygon (MATIC) up 19%, Is Polygon on Track to Flip Dogecoin (DOGE)? – U.Today

by cryptonewstrending_bgpqv5
February 8, 2023
0

Polygon (MATIC) up 19%, Is Polygon on Track to Flip Dogecoin (DOGE)?  U.Today Source link

Cathie Wood on Deflation Risk, Tech Stocks and Bitcoin – Bloomberg

$215M In Ethereum Was Just Transferred Between 2 Wallets – Benzinga

February 8, 2023
Cathie Wood on Deflation Risk, Tech Stocks and Bitcoin – Bloomberg

Examining Litecoin’s [LTC] chances of reaching $130 after bullish breakout – AMBCrypto News

February 8, 2023
Cathie Wood on Deflation Risk, Tech Stocks and Bitcoin – Bloomberg

How Tether paid out $20 billion in 30 days – Interview with Tether … – Techpoint Africa

February 8, 2023
Cathie Wood on Deflation Risk, Tech Stocks and Bitcoin – Bloomberg

Polkadot price analysis: DOT surges to $6.87 after a successful … – Cryptopolitan

February 8, 2023

Recent News

Cathie Wood on Deflation Risk, Tech Stocks and Bitcoin – Bloomberg

Polygon (MATIC) up 19%, Is Polygon on Track to Flip Dogecoin (DOGE)? – U.Today

February 8, 2023
Cathie Wood on Deflation Risk, Tech Stocks and Bitcoin – Bloomberg

$215M In Ethereum Was Just Transferred Between 2 Wallets – Benzinga

February 8, 2023
Cathie Wood on Deflation Risk, Tech Stocks and Bitcoin – Bloomberg

Examining Litecoin’s [LTC] chances of reaching $130 after bullish breakout – AMBCrypto News

February 8, 2023

Category

  • Altcoin
  • Bitcoin
  • Blockchain
  • Dogecoin
  • Ethereum
  • Litecoin
  • Luna Crash
  • Market And Analysis
  • News
  • Regulation
  • Solana

Follow Us

Follow us on social media:

Find Via Tags

altcoin Altcoins analysis Analyst big Binance Bitcoin Blockchain BTC Bullish Buy Cardano Coin crash Crypto Cryptocurrency Digital DOGE Dogecoin ETH Ethereum Exchange Eyes FTX Heres Inu investors Latest Litecoin LTC Market News Prediction Price Protocol Rally Regulation Risk Shiba SOL Solana Today Token Top Week
  • About
  • Advertise
  • Careers
  • Contact

© 2021 Crypto News Trending

No Result
View All Result
  • Home
  • News
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Dogecoin
  • Litecoin
  • Solana
  • Market And Analysis
  • Luna Crash
  • Regulation

© 2021 Crypto News Trending