Today we are reviewing Link (Chainlink)
As one of the first networks to integrate off-chain data into smart contracts, Chainlink allows smart contracts to send payments to bank accounts and other payment networks. It also allows smart contracts to easily connect to the data sources and APIs needed to function. The company's ecosystem currently integrates 1,000 projects with 700 oracle networks, providing access to more than 1 billion data points and driving more than $75 billion in value for DeFi applications such as Synthetix, Aave, and Compound, among others.
Let's move on to the graph (let's look globally first)
At the moment, there has been consolidation throughout the year, without any serious declines. From the current values of the peaks we have 1000+%. Which in any case is already a good investment for the long term.
Let's look at a more local picture with the selection of entry points
All the same accumulation in the price range of $9-5. Moreover, at the moment, in the last month one can observe the formation of a kind of falling wedge. And this is what I expect in the future: with the general trend of the market, we can drop to the $4-5 zone from where you can make margin purchases (3x) But if you are interested in long-term investment, current prices are just as attractive, because even half of past highs are already there will be a profit of 400%
More analytics and many profitable short-term trades can be found in the profile description on Binance feed