Analysis of the crypto Chainlink (LINK) and Shiba Inu (SHIB)
In the ever-evolving crypto landscape, Chainlink (LINK) and Shiba Inu (SHIB) represent two significant approaches.
Keep up with what's happening in the crypto world in real-time.
In the ever-evolving crypto landscape, Chainlink (LINK) and Shiba Inu (SHIB) represent two significant approaches.
Over the past 24 hours, Chainlink (LINK) has seen a significant increase in whale activity and price. In the past day, whale activity on the Chainlink network has skyrocketed by an astonishing 1,219%, coinciding with a sudden 31% jump in the price of LINK.
Chainlink's rally breaks key resistance levels, with a massive green candle on the weekly charts. As on-chain data supports the upcoming rally, technical analysis reveals critical price targets ahead.
Chainlink's price hit a three-year high of $26.90 while a major investor accumulated $6.68 million worth of tokens, accompanied by a 930% surge in trading volume and 58% increase in futures market open interest.
Chainlink led the gainers over the past day following a remarkable 36% surge during the 2 December late trading session. LINK has presented remarkable price actions the previous month, soaring from the $11 vicinity early in November to its recent peak, representing the highest level since January 2022.
Zach Rynes, also known as “ChainkLinkGod,” said that XRP is a “banker-themed memecoin” that failed to get traction.
A Chainlink whale has caught the attention of crypto market enthusiasts, heavily accumulating the crypto amid its recent price rally. On-chain data on Tuesday pointed out that a whale bagged nearly $6 million worth of the token, sparking optimism on the asset's future movements.
The blockchain oracle provider has seen its native token skyrocket following an announcement of a new partnership to tokenize securities in Europe.
Cryptocurrency whales have been traced to have accumulated hundreds of thousands of LINKs on the past day of trading.
21x, a European fintech company, partnered with Chainlink to offer EU-compliant services. The EU's MiCA regulations have radically transformed European crypto markets, creating new opportunities.
Chainlink (LINK) price emerges as one of the biggest gainers among the top 20 cryptocurrencies in the last 24 hours, despite showing mixed signals in its technical indicators.
Chainlink's LINK token shows strong performance in the crypto market, surging 22.4% in 24 hours amid broader altcoin momentum, while the network continues expanding its enterprise partnerships and real-world asset capabilities.
Chainlink (LINK) rallied to levels not seen since early 2022, on an expected partnership announcement this December 10. Chainlink also partnered with EU fintech firm 21X, to act as oracle for on-chain settlement of tokenized securities.
Chainlink (LINK), one of the crypto market's most prominent assets, has broken free from a multi-year symmetrical triangle pattern that dates back to 2021. This breakout marks a significant shift in LINK's price trajectory, signaling a bullish momentum that could propel the token to new heights.
21X, a platform for tokenized money and securities, has announced a partnership with Chainlink to launch Europe's first EU-regulated tokenized securities market.
LINK price has risen sharply as the market picks up DeFi momentum, with the sector's Total Value Locked rising by $10 billion to $126 billion.
TL;DR 21X and Chainlink have formed a strategic alliance to launch a tokenized securities trading and settlement system in Europe, the first of its kind to be regulated by the European Union. The system will be based on Chainlink's infrastructure to improve data quality and facilitate interoperability between blockchains.
Chainlink price is breaking out! The price is heading towards the yearly highs at $22.89 with an aim to set up a bullish path towards the ATH. The price recorded one of the most bullish monthly closes, with a rise of over 80%, not seen since the 2021 bull run.
Story Highlights Chainlink price soars ~11% in 24 hours and is currently valued at $20.53. Technical indicator EMA 50/200-day record a Golden Cross in the daily time frame. Sustained bullish sentiment could push the price of this altcoin toward $26 this month.
Chainlink price, the biggest oracle in the crypto industry, has bounced back recently as it soared for three consecutive weeks. Crypto analysts, citing its strong fundamentals and technicals, believe that LINK could stage a strong rally, mirroring Ripple's XRP.
Chainlink's breakout from a multi-year symmetrical triangle pattern, combined with technical indicators and market conditions, has created a setup that could lead to higher price targets, with $50 as a potential long-term objective if market conditions remain favorable.
Chainlink (LINK) has recently captured the attention of the cryptocurrency community after breaking out of a multi-year pattern, signaling a potential bullish trend. After weeks of price hikes, the token has entered a consolidation phase, but the breakout from a significant pattern could be the start of a major rally.
The total crypto market cap surged by 2 percent in the past 24 hours to a new all-time high (ATH) of about $3.64 trillion on Monday, during the early Asian session.
As Chainlink broke above a key pattern, is a bullish flag in the making?