Binance Square
ChainLink
8.7M views
2,048 Posts
Hot
Latest
LIVE
LIVE
PRO Crypto Tech
--
LIVE
--
Bullish
$LINK Bouncing ! The support held strong for #LINK and we can now aim for higher targets after this bullish retest! My first target will be the $21 as this is confluent with a weekly resistance level. Let's see if #ChainLink can continue its bullish momentum!
$LINK Bouncing !

The support held strong for #LINK and we can now aim for higher targets after this bullish retest!

My first target will be the $21 as this is confluent with a weekly resistance level.

Let's see if #ChainLink can continue its bullish momentum!
#LINK week timeframe logarithmic chart clearly shows upper and lower border of consolidation range. Might look like a narrow channel, but its ~40-45% down and 70-80% up. Top of the range 8.46-9.64 Bottom at 4.76-5.53 If the range will be lost, next potential bottom is around 2.48-2.97 #ChainLink $LINK
#LINK week timeframe logarithmic chart clearly shows upper and lower border of consolidation range. Might look like a narrow channel, but its ~40-45% down and 70-80% up.

Top of the range 8.46-9.64

Bottom at 4.76-5.53

If the range will be lost, next potential bottom is around 2.48-2.97

#ChainLink $LINK
Chainlink’s LINK Price Struggles: WhyDespite efforts, the price of LINK struggles to surpass $16.041, consistently showing lower lows and highs, signaling a bearish trend. However, despite these challenges, the transaction velocity for LINK remains high, indicating ongoing frequent trading activity. Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol Lately, Chainlink has experienced a surge in development activities on its network. This increase is particularly noticeable in the Real World Assets (RWA) sector, where Chainlink now leads in GitHub activity. Chainlink Faces Challenges Amid Development Progress In recent times, Chainlink has witnessed a surge in development activities, particularly in the Real World Assets (RWA) sector, showcasing its leading position in GitHub activity. This heightened activity demonstrates a strong dedication to improving blockchain solutions for tangible assets. Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol Source:  @chainlink However, amidst this progress, Chainlink has encountered setbacks in other areas. Data from Token Terminal reveals a significant 66% decrease in daily active users on the network over the past month. Moreover, the revenue generated by Chainlink has plummeted by 90%. Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol Source: Token Terminal These declines are reflected in the price of LINK, which has experienced a notable downturn since March 26, when it began falling from $20.737. The consistent pattern of lower lows and lower highs in LINK’s price signals a bearish trend in the market. Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol Source: Tradingview Despite efforts, LINK has struggled to surpass the $16.041 level throughout April and May, facing consistent resistance at this point. Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol Mixed Signals for Chainlink Amidst Declining Metrics The Chaikin Money Flow (CMF) index has dipped to -0.13, indicating a notable reduction in the influx of money into LINK. Alongside this, the Relative Strength Index (RSI) for LINK has fallen to 42.06, further signaling a decline in bullish momentum for the token. ChainLink-on-Ethereum-LINK: Source – Santiment Moreover, Chainlink’s network growth has decreased, suggesting a slowdown in the creation of new addresses and potentially increasing selling pressure on the token. Despite these negative indicators, the velocity of LINK transactions remains notably high, indicating continued frequent trading activity. While ongoing development activities hint at potential future enhancements for Chainlink, current network and financial metrics depict a challenging period. This presents a mixed outlook for LINK, where developmental strides may eventually help reverse negative trends if they translate into broader network usage and improved market sentiment. Looking ahead, Chainlink may need to focus on further enhancing its platform and offerings to regain and expand user engagement, as well as ensure financial stability. Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice. #Bitcoin #Ethereum #Memecoins #ChainLink #Link $LINK $BTC $ETH

Chainlink’s LINK Price Struggles: Why

Despite efforts, the price of LINK struggles to surpass $16.041, consistently showing lower lows and highs, signaling a bearish trend. However, despite these challenges, the transaction velocity for LINK remains high, indicating ongoing frequent trading activity.
Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol

Lately, Chainlink has experienced a surge in development activities on its network. This increase is particularly noticeable in the Real World Assets (RWA) sector, where Chainlink now leads in GitHub activity.

Chainlink Faces Challenges Amid Development Progress
In recent times, Chainlink has witnessed a surge in development activities, particularly in the Real World Assets (RWA) sector, showcasing its leading position in GitHub activity. This heightened activity demonstrates a strong dedication to improving blockchain solutions for tangible assets.

Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol

Source:  @chainlink
However, amidst this progress, Chainlink has encountered setbacks in other areas. Data from Token Terminal reveals a significant 66% decrease in daily active users on the network over the past month. Moreover, the revenue generated by Chainlink has plummeted by 90%.

Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol

Source: Token Terminal
These declines are reflected in the price of LINK, which has experienced a notable downturn since March 26, when it began falling from $20.737. The consistent pattern of lower lows and lower highs in LINK’s price signals a bearish trend in the market.

Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol

Source: Tradingview
Despite efforts, LINK has struggled to surpass the $16.041 level throughout April and May, facing consistent resistance at this point.

Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol

Mixed Signals for Chainlink Amidst Declining Metrics
The Chaikin Money Flow (CMF) index has dipped to -0.13, indicating a notable reduction in the influx of money into LINK. Alongside this, the Relative Strength Index (RSI) for LINK has fallen to 42.06, further signaling a decline in bullish momentum for the token.

ChainLink-on-Ethereum-LINK: Source – Santiment
Moreover, Chainlink’s network growth has decreased, suggesting a slowdown in the creation of new addresses and potentially increasing selling pressure on the token.
Despite these negative indicators, the velocity of LINK transactions remains notably high, indicating continued frequent trading activity.
While ongoing development activities hint at potential future enhancements for Chainlink, current network and financial metrics depict a challenging period. This presents a mixed outlook for LINK, where developmental strides may eventually help reverse negative trends if they translate into broader network usage and improved market sentiment.
Looking ahead, Chainlink may need to focus on further enhancing its platform and offerings to regain and expand user engagement, as well as ensure financial stability.

Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On www.ChikaMoji.lol

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Bitcoin #Ethereum #Memecoins #ChainLink #Link $LINK $BTC $ETH
LIVE
--
Bullish
$LINK #ChainLink broke our weekly red resistance zone and went up after a breakout by almost 14%. Those 3 red lines on top represent potential upcoming weekly resistance levels that we need to pay attention to (from $20.5 to $25.5).
$LINK #ChainLink broke our weekly red resistance zone and went up after a breakout by almost 14%. Those 3 red lines on top represent potential upcoming weekly resistance levels that we need to pay attention to (from $20.5 to $25.5).
#Link Price Prediction #ChainLink Month Minimum Price Average Price Maximum Price Potential ROI March $19.70 $21.48 $23.26 22.3% April $19.18 $21.80 $24.41 28.3% May $17.56 $19.83 $22.10 16.2% June $16.29 $17.91 $19.53 2.7% July $15.37 $20.07 $24.76 30.2% August $17.25 $20.83 $24.41 28.3% September $10.90 $15.89 $20.88 9.8% October $12.55 $13.05 $13.54 -28.8% November $12.87 $13.26 $13.65 -28.2% December $12.90 $13.17 $13.43 -29.4% All Time $15.46 $17.73 $20 5.1% #HotTrends #prediction #news
#Link Price Prediction #ChainLink
Month Minimum Price Average Price Maximum Price Potential ROI
March $19.70 $21.48 $23.26
22.3%
April $19.18 $21.80 $24.41
28.3%
May $17.56 $19.83 $22.10
16.2%
June $16.29 $17.91 $19.53
2.7%
July $15.37 $20.07 $24.76
30.2%
August $17.25 $20.83 $24.41
28.3%
September $10.90 $15.89 $20.88
9.8%
October $12.55 $13.05 $13.54
-28.8%
November $12.87 $13.26 $13.65
-28.2%
December $12.90 $13.17 $13.43
-29.4%
All Time $15.46 $17.73 $20
5.1%
#HotTrends #prediction #news
📍 The launch of CCIP is an important milestone for Cross-chain bridges ➡️ Compared to LayerZero's Omnichain, #CCIP has a smaller number of integrated networks. LayerZero has supported users to trade assets across more than 17 different chains and popular Layer2s such as #zkSync , Starknet, Linea,... ➡️ Currently, #ChainLink 's CCIP is still limited because it can only be integrated on 4 main networks: Ethereum, Polygon, Optimism and Arbitrum. ➡️ However, ChainLink's CCIP has the advantage of using excess liquidity from many different networks, including Layer1 and Layer2. ➡️ This promises to bring many superior products and increase competitiveness with existing Cross-chain solutions. $MATIC $OP $ARB
📍 The launch of CCIP is an important milestone for Cross-chain bridges

➡️ Compared to LayerZero's Omnichain, #CCIP has a smaller number of integrated networks. LayerZero has supported users to trade assets across more than 17 different chains and popular Layer2s such as #zkSync , Starknet, Linea,...

➡️ Currently, #ChainLink 's CCIP is still limited because it can only be integrated on 4 main networks: Ethereum, Polygon, Optimism and Arbitrum.

➡️ However, ChainLink's CCIP has the advantage of using excess liquidity from many different networks, including Layer1 and Layer2.

➡️ This promises to bring many superior products and increase competitiveness with existing Cross-chain solutions.
$MATIC $OP $ARB
LIVE
--
Bullish
#LINKUSDT #ChainLink has tapped the 1st upside liquidity. Let us now wait and see how would #Link react to it. Break above, $LINK would tap 17.5 levels of liquidity. It might get some retracement before going up but eventually, it will go up. #Write2Earn
#LINKUSDT

#ChainLink has tapped the 1st upside liquidity.

Let us now wait and see how would #Link react to it.

Break above, $LINK would tap 17.5 levels of liquidity.

It might get some retracement before going up but eventually, it will go up.

#Write2Earn
🔸 Chainlink Staking v0.2 is launching later this year 🔸
🔸 Chainlink Staking v0.2 is launching later this year 🔸
LIVE
--
Bullish
#LINK/USDT #ChainLink is looking super bullish. Once we break above this channel and #Link would tap upside Liquidity @ 16.5 , 17.5. Once we break above 18 levels, our upside target would be 24. $LINK DYOR
#LINK/USDT

#ChainLink is looking super bullish.

Once we break above this channel and #Link would tap upside Liquidity @ 16.5 , 17.5.

Once we break above 18 levels, our upside target would be 24.

$LINK

DYOR
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number