• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Analysis of Chainlink's Potential Price Movements

user avatar

by Giorgi Kostiuk

2 years ago

Chainlink (LINK), a prominent project within the cryptocurrency domain, continues to attract attention regarding its price fluctuations. Recently, LINK experienced a notable surge, reaching a six-week high of around $18, only to encounter resistance leading to a subsequent decline.

Currently, LINK is trading 23% lower than its annual peak of $22.85 set in March. The significance of this price decrease remains uncertain, raising questions about whether it signifies a correction or paves the way for a fresh upward trajectory. The use of AI algorithms has gained traction as a popular forecast tool for LINK's performance.

AI algorithms indicate a positive outlook for LINK's short-term price movements. Notably, CoinCodex's algorithms, amidst a Gre

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

FLockio Partners with Deluthium and Aerodrome to Launch CARiFIN

chest

FLockio, Deluthium, and Aerodrome have partnered to develop the CARiFIN platform, enhancing microinsurance solutions in Latin America and the Caribbean, promoting financial inclusion for underserved communities.

user avatarZainab Kamara

Senate Republicans Submit Proposal with Amendments to Crypto Bill

chest

Senate Banking Republicans submitted a proposal with over 30 amendments to the crypto market structure bill, aiming for bipartisan support.

user avatarSon Min-ho

SEC Chairman Paul S Atkins Announces New Limits to Crypto Oversight

chest

SEC Chairman Paul S Atkins announces a new framework that narrows the agency's jurisdiction over crypto tokens and ICOs, potentially reducing legal uncertainties and allowing more tokens to operate without direct SEC oversight.

user avatarTando Nkube

Tether's USDT Receives Regulatory Clearance in Abu Dhabi.

chest

Tether's USDT has been recognized as an Accepted Fiat-Referenced Token (ARFT) in Abu Dhabi, expanding its approval to multiple blockchains.

user avatarAyman Ben Youssef

Unconfirmed Reports on TRON Integration with Revolut

chest

Revolut has not confirmed any integration with TRON for staking and stablecoin functionalities across Europe, despite media claims.

user avatarKofi Adjeman

Cashew Research Revolutionizes Market Research with AI

chest

Calgary-based startup Cashew Research is transforming the $90 billion market research industry by leveraging AI to provide fast, affordable, and custom insights.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.