Bitcoin
BTC$61 243.77

1.02%

Ethereum
ETH$4 109.03

4.38%

Binance Coin
BNB$481.29

0.25%

Cardano
ADA$2.15

0.11%

Tether
USDT$1.000556

0.09%

Solana
SOL$195.86

-3.60%

Chainlink (LINK) Keeps Trending Strongly


LINK is surely the altcoin that has been making its holders very happy as it gained 77.6% against USD in little over four weeks and also went 44.5% above Bitcoin over the same period of time.

LINK historical chart

Just look at this beauty of the all-time chart, which shows the price moving upward in a very explosive fashion, having been making tremendous upswings, especially the last one when the price pushed off the support level at $4 and went on a mind-blowing rally that reached the peak only above $8, marking the strongest period of growth in altcoin’s history.

You can find the detailed explanation of the reasons behind such a magnificent growth in our previous LINK price predictions, and these very fundamentals will push the price further to the upside as the demand for oracles is getting higher in the blockchain space in general, and the field of decentralized finance in particular.

LINK is nearing the double-digit price level


Even before the commencement of this monstrous uptrend, LINK was considered by many, including us, as one of the most promising altcoin that is deemed to supersede the weakening Litecoin (LTC) and Ripple (XRP) in global ranks. Presently, Chainlink sits at the 11th spot, with the market capitalization of $2,93 billion, which is only $80 million less compared to that of Binance Coin (BNB) that closes the top 10.

We have little doubt that BNB will be pushed aside relatively soon as LINK has already finalized the retracement to an important support level at $7, briefly touching $6.5 with the lower wick, and now appears to be going for the new higher high within the context of constructing another bullish flag.

1-day LINK/USDT chart

As already mentioned, Chainlink has had arguably the healthiest bullishly-oriented price action ever since it got above the 50 MA, which now defines the uptrend. Upon breaking the $5 barrier, LINK has been rising further above the moving average, hence confirming the strength of the bullish momentum.

We predict that Chainlink will enjoy another period of powerful bullish action that will take the price to the ultra-important psychological level at $10, at which point the market participant might decide to take the profits, thus initiating a deep correction. Right now, it is the ripe moment to go long on LINK because all signals point at the prolongation of the bullish phase.

Author: Alex Paulson for Crypto-Rating.com

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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 66% 76 $61 243.77 1.02% 1.11% $1 154 572 840 442 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 73.2% 57 $4 109.03 4.38% 6.19% $485 054 173 428 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 71.6% 60 $481.29 0.25% 3.23% $80 279 625 910 BNB 7 days price change
4 Cardano (ADA) ADA Cardano predictions 92% 12 $2.15 0.11% -1.89% $70 787 881 107 ADA 7 days price change
5 Tether (USDT) USDT Tether predictions 91.6% 1 $1.000556 0.09% 0.06% $69 612 761 722 USDT 7 days price change
6 Solana (SOL) SOL Solana predictions 74.4% 54 $195.86 -3.60% 23.35% $58 918 167 005 SOL 7 days price change
7 XRP (XRP) XRP XRP predictions 76% 52 $1.088407 0.20% -5.19% $51 096 748 647 XRP 7 days price change
8 Polkadot (DOT) DOT Polkadot predictions 62.4% 79 $43.63 -0.29% 3.79% $43 086 190 756 DOT 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 70% 56 $0.250784 5.45% 5.27% $33 056 889 048 DOGE 7 days price change
10 USD Coin (USDC) USDC USD Coin predictions 92% 1 $1.000865 0.09% 0.09% $32 551 622 838 USDC 7 days price change
11 Terra (LUNA) LUNA Terra predictions 66.8% 65 $42.68 -0.63% 15.43% $17 137 911 904 LUNA 7 days price change
12 UniSwap (UNI) UNI UniSwap predictions 73.6% 48 $26.59 3.60% -2.02% $16 261 823 078 UNI 7 days price change
13 Avalanche (AVAX) AVAX Avalanche predictions 69.2% 65 $65.13 -0.86% 8.98% $14 346 523 240 AVAX 7 days price change
14 Chainlink (LINK) LINK Chainlink predictions 76.4% 47 $30.61 7.77% 9.88% $14 113 775 739 LINK 7 days price change
15 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 64% 75 $61 285.05 0.88% 1.17% $13 592 575 892 WBTC 7 days price change

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