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Chainlink and Hedera: Cryptocurrency Market Under Pressure with Cold Wallet's Gains

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by Giorgi Kostiuk

17 hours ago


The cryptocurrency market is experiencing significant fluctuations, especially with Chainlink and Hedera facing bearish pressure. In contrast, Cold Wallet stands out due to its successes amid current trends.

Chainlink Price Update: Increasing Bearish Pressure

The latest Chainlink (LINK) price update shows strong bearish pressure as LINK slips below the critical $20 zone and now trades around $17.33. Weekly losses exceed 8% and LINK remains inside a downward channel. The recent death cross on the four-hour chart, where the 20 EMA crossed under the 50 EMA, confirms negative short-term momentum.

On-chain metrics raise alarms as exchange inflows more than doubled, signaling increased selling. Patterns of rising outflows often forecast further losses. Unless key levels are reclaimed promptly, LINK may sink toward $15.90 and possibly test $14.98 or even $10.00.

Hedera Price Prediction: Weak Signals Emerge

Hedera Hashgraph (HBAR) recently surged from around $0.20 to over $0.70 after breaking out of a long consolidation triangle. Momentum cooled in the past 24 hours with a 3.18% dip, leaving the price near $0.26, just above the $0.255 support level. That drop appears triggered by profit realization.

Meanwhile, technical indicators show early weakness. The MACD line fell below the signal line, and the histogram moved into negative territory. Based on these conditions, the Hedera price prediction leans toward range-bound trading. Unless fresh buying volume appears, consolidation may follow.

Success of Cold Wallet Presale: 4900% ROI Potential

Cold Wallet is establishing itself among the top crypto projects with its presale campaign following its notable $270M acquisition of Plus Wallet. Instead of launching from scratch, Cold Wallet gained a full and functioning platform plus an immediate user base. This is a major edge where trust and traction usually take months. The presale has raised over $5.7 million within weeks, indicating strong interest from major investors.

Stage 16 is live, and the presale price is now $0.00924. A total of 643.72 million coins have been sold, and the overall ROI stands at 4900%. Those joining at the current price may see a return of about 3,700% if the listing reaches $0.3517. The confirmed launch price remains fixed at $0.3517, making that comparison valid.

The Chainlink price update indicates increasing bearish momentum with slipping support levels and growing technical risks. The Hedera price prediction signals weakness as technical indicators confirm a cooling rally that may lead to consolidation without fresh buying. In contrast, Cold Wallet gains credibility with its significant acquisition and strong presale traction.

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