Chainlink price observed a massive rally in the past few days, which brought profits to a significant chunk of LINK holders. However, the altcoin seem
Chainlink price rallied to breach the $10.00 mark over the weekend, posting a 35% increase. The rise in price led to about $12.3 million worth of short positions being liquidated in three days. The MVRV ratio noted the largest spike since August 2021, reaching into the opportunity zone and suggesting an imminent correction. s to have found its top around the $10 mark, as LINK is most likely preparing for a major crash soon. Chainlink price to see downfall Chainlink price trading at $10.
-day chart But that did not stop the investors. However, that may not be the case for soon. The red candle noted at the time of writing suggests a pause is likely, which could result in a cool-down. Plus, as long as the market is overheated, price correction is highly possible. Presently, $10.00 stands as the first line of defense; losing this would bring Chainlink's price to test $9.00 as the critical support level. If the bearishness still persists, further decline cannot be ruled out.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Chainlink (LINK) Surges 40% in Week: Insider Reveals Real Reasons WhyChainlink (LINK) has stunned crypto sphere with astounding 40% surge in just one week, and today, we uncover reasons behind this remarkable rally
Lire la suite »
Chainlink Whales Keep Stacking LINK as Network Activity Soars to 3-Month Highs: DataCrypto Blog
Lire la suite »
35 Things Readers Will Love That Aren’t Actual BooksPsst, fellow audiobook gremlins — these earbuds are about to change your life.
Lire la suite »
Turkish central bank expected to raise rates to 35% on Oct. 26Turkish central bank expected to raise rates to 35% on Oct. 26
Lire la suite »
F-35 crash: More questions than answersQuestions swirled on exactly what led to the crash of an F-35 Lightning II and why the $100 million aircraft continued flying long after the pilot ejected from the cockpit.
Lire la suite »
Olivia Wilde, Florence Pugh, & 35 More Stars Who Proudly Freed the NippleSerena, Gwyneth, Gisele and more are all for freeing the nipple!
Lire la suite »