Chainlink Bulls Must Overcome Key Hurdle For Potential 7% Rally
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Chainlink Price has been attempting to reverse its recent losses over the past few weeks. Currently, Chainlink is trading under a crucial resistance mark which has caused the altcoin to face rejection. Over the last 24 hours, Chainlink has managed to appreciate by only 0.4%, signifying that it has been consolidating. On the weekly chart, LINK has already increased by 1.8%. Continued price consolidation will cause the bears to take over the price completely. The technical outlook of the altcoin has also sided with the bears as buying strength showed signs of struggle. Both demand and accumulation have therefore remained
The bullish trend that Chainlink (LINK) has enjoyed for much of its existence seems to have recently ended. The price of LINK has crumbled as the bears take down the bulls, leaving investors wondering what the future holds for the asset. There was a significant 24.55% decrease within the past…
Chainlink (LINK) is experiencing price volatility today despite its slight gains. The bears aim to take control over the price action as LINK dropped from $8.5764 on April 18 to $7.7704 on April 19, 2023. Its trading volume is up by 97% in the last 24 hours. It also gained…
Tokenization has recently become one of the most frequently discussed topics in the industry. While Wall Street giants are turning their attention to the tokenization space, Grayscale stated that an altcoin stands out in this area. Speaking on the Thinking Crypto podcast, Grayscale Research Head Zach Pandl said that global…