Chainlink (LINK) broke above the 50-day SMA ($18.73) on July 27, suggesting that bears were losing their grip. After a minor hesitation near the psychological level at $20, the bulls resumed the relief rally on July 30. However, the long wick on today’s candlestick suggests that the up-move may be losing steam...
If the price turns down from the current level but rebounds off the 20-day EMA ($18.83), it will suggest that the sentiment has turned bullish. The buyers will then attempt to push the LINK/USDT pair toward the stiff overhead resistance zone at $32.50 to $35. Conversely, if the pair breaks below the moving averages, it will suggest that bears have not yet given up. They may then pull the price down to the critical support zone at $13.38 to $15. Both moving averages are sloping up on the 4-hour chart and the RSI is in the positive zone, suggesting that bulls are in control. The bulls are likely to buy the dips to the 20-EMA. If that happens, the pair could resume its up-move with the next possible stop at $26.20. On the other hand, if bears pull the price below $21, several aggressive bulls may get trapped. The price could then drop to the 50-SMA. This is an important level for the bulls because if it cracks, the pair may extend its decline to $15.
Link is shaping up nicely. We recently saw the downtrend break and since then price has consolidated with daily ranges contracting. We’ve seen a couple of attempts from the bulls to push this through 20.00 but fail to have the impetus to start a trend higher. I want to wait for some upside momentum to come into the price, but a firm break of 20...
00 would be powerful. This is like a coiled spring, but I like the shape and structure to this and feel when this goes it could be a solid long for 26.00, potentially even 27.50 over time.
Over the week, Chainlink showed the highest price performance among the top 10 cryptocurrencies, adding over 40%. Investors are looking to find another crypto star amid the general recovery in the crypto market. A really strong FOMO will begin if there are at least a few such unicorns in the near future...
The TOP 10 cryptocurrencies have not changed for a long time, and the rapid invasion of it by Chainlink was a breath of fresh air. It can be assumed that the composition of the top twenty cryptocurrencies will seriously change in the medium term, which will become a long-awaited impulse for the market.
Chainlink (LINK) coin has become a bright success story of recent times, which not only broke into the TOP-10 of cryptocurrencies, but has already displaced one of the most highly capitalized bitcoin forks - Bitcoin Cash (BCH) from the 5th place. The impressive growth began at the end of July and has so far stood at 150%...
The token is growing in the wake of the popularity of DeFi and the increased need for smart contracts to interact with external systems, including banking.
Chainlink (LINK) has gained several dozen percent in recent days. At the same time, LINK became the most traded asset on the Coinbase Pro exchange. LINK's 24-hour trading volume on Coinbase Pro was $ 163 million, up 70% from Bitcoin's $ 96.5 million. For all exchanges as a whole, the trading volume of LINK was equal to $3.13 billion, bitcoin - $17...
53 billion. As a result, Chainlink rose in the list of the largest assets of the cryptocurrency market from 12th place to 6th, surpassing such coins as Bitcoin SV, Cardano and Litecoin.
Chainlink grew 24% in the week and updated all-time highs at around $ 6. The coin went to 12th place in the cryptocurrency rating. Recently, many companies and projects have become interested in the capabilities of a decentralized oracle network and entered into cooperation with Chainlink.
LINK has surprisingly been the only altcoin that has shown better gains over the last six months than Bitcoin. Well, apart from a coin named LEO, the Bitfinex native token, which showed a gob-smacking 1,301% growth over the same period of time. So, I will let the numbers substantiate my claim...
According to the data from Coin Codex, Bitcoin grew by 61.27% over the last six months while the price of LINK has increased by the tremendous 248,84%. That's taking into account the last major drop, from which Chainlink has already recovered.
LINK is mooning as usual. The TA for this coin is always such a mess, but if you ever see this in the oversold category, it’s time to buy on the spot. This isn’t a coin that you can consistently short, but it is one that you can long fairly easily. Main net is almost here, so it’s best to position yourself for a major pump when it’s announced.
LINK is supposed to have dropped their mainnet by now. Did Rory or anyone else mention when it's actually supposed to happen? The price has stayed the same because everyone is afraid to get left behind if they suddenly surprise everyone with a release...
I think HODLing is the best option but at the same time we've seen this a million times in crypto where projects hold their mainnet forever. I don't want to hold onto these bags longer than I have to because LINK isn't necessarily top 10 material.
Chainlink is about to drop a mega partnership with TRON. I can't say the direct source of this information, but we can expect this news to drop within the next 24-hours. Once this happens, LINK is going to go to Saturn and beyond...
Any project that partners with TRON these days is unstoppable, and I have a big feeling that this will pan out really well for LINK hodlers. LINK has been the biggest underdog in crypto for the last two years, and they're are about to launch their mainnet within the next 3 months as well. Don't get caught without LINK in your bags.
This project has so much potential, especially ever since the LINK team came out of the shadows and actually showed that their project has value with all the partnerships. The main thing keeping me from the LINK project is their community. It's too hostile and seems borderline cultish...
Does anyone know why this kind of behaviour is condoned within the LINK community?
When looking at Chainlink and the new ICO Request, I just dont think they can compete with XRP/Ripple. They have no chance, another thought, why would swift use Chainlink when they can just use ETH.
* Crypto Rating accepts no liability for content of the Chainlink reviews made by the site users. The entire responsibility for the contents rests with the authors.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | Volume 24h | |
| 1 |  BTC |
Bitcoin predictions | 79.2% | 41 | $42 031.59 | -3.48% | -2.59% | $791 393 954 252 | $31 747 117 181 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 70.4% | 56 | $2 918.83 | -5.04% | -3.78% | $343 568 213 349 | $17 440 054 934 | |
| 3 |  USDT |
Tether predictions | 90.8% | 1 | $1.000459 | -0.02% | 0.01% | $68 574 589 302 | $69 040 305 714 | |
| 4 |  ADA |
Cardano predictions | 65.2% | 70 | $2.12 | -3.86% | -2.03% | $67 842 308 406 | $2 790 874 402 | |
| 5 |  BNB |
Binance Coin predictions | 72.8% | 59 | $341.96 | -1.79% | -7.48% | $57 495 736 706 | $1 499 392 995 | |
| 6 |  XRP |
XRP predictions | 74.4% | 50 | $0.930539 | -2.70% | -0.96% | $43 472 608 125 | $2 798 278 933 | |
| 7 |  SOL |
Solana predictions | 67.6% | 68 | $134.46 | -7.35% | -4.28% | $39 991 503 535 | $2 559 971 396 | |
| 8 |  USDC |
USD Coin predictions | 91.6% | 1 | $1.000432 | 0% | 0.01% | $31 274 186 323 | $3 304 747 454 | |
| 9 |  DOT |
Polkadot predictions | 69.6% | 68 | $27.75 | -3.90% | -5.26% | $27 404 751 396 | $1 534 718 165 | |
| 10 |  DOGE |
Dogecoin predictions | 71.2% | 63 | $0.200627 | -1.87% | -6.10% | $26 377 191 591 | $850 603 349 | |
| 11 |  UNI |
UniSwap predictions | 67.6% | 68 | $24.35 | 1.57% | 14.50% | $14 894 976 126 | $1 220 639 004 | |
| 12 |  AVAX |
Avalanche predictions | 58.8% | 84 | $66.26 | -7.62% | 2.41% | $14 596 076 840 | $1 012 955 214 | |
| 13 |  LUNA |
Terra predictions | 71.2% | 60 | $35.29 | -4.09% | 24.68% | $14 110 398 958 | $1 562 373 257 | |
| 14 |  BUSD |
Binance USD predictions | 95.2% | 1 | $1.000438 | 0.02% | -0.01% | $13 532 008 893 | $4 826 393 143 | |
| 15 |  LINK |
Chainlink predictions | 68% | 70 | $23.39 | -2.95% | -1.74% | $10 644 298 254 | $1 068 673 199 |
