Comment
Author: Admin | 2025-04-28
Strong resistance is around $15.00, the prior peak.A break and close above the $11.50 – $12.00 area could signal market strength, turning the Chainlink price bullish and invalidating the bearish thesis. Frequently Asked Questions (FAQs) Chainlink recently broke below a key support level and formed a bearish "Head and Shoulders" pattern on the weekly chart, indicating a possible 45% drop if it continues downward. A 50-month low against BTC suggests that Chainlink’s value has significantly decreased relative to Bitcoin, which may reflect reduced investor confidence or stronger interest in Bitcoin over LINK. Key support lies between $5.00 - $6.50, while the resistance is between $11.50 - $12.00. A breakout above $12 could shift sentiment to bullish. Related Articles Solana Price Gears Up For $200, Expect “Fireworks,” Says Analyst 4 Altcoins Primed for 2025 Bull Market What Would It Take for Shiba Inu Price to Hit $1? --> John Deaton Pushes For XRP Lawsuit Drop Amid Hex Founder’s Case Dismissal Shiba Inu Price Eyes Breakout Amid 389M SHIB Token Burn, Here’s All Litecoin Address Activity Hints At LTC Price Rally To $200 By April Will Bitcoin ETFs Bounce Back In March After $3.5 Bln Outflows In February? Crypto Prices Today (March 1): BTC Jumps 8%, ETH, XRP, & SOL Recover Buy DOGE now? Expert Predicts Why Dogecoin Price Will Teleport to $3 What’s Next For Ethereum Price After 12 Weeks of Pain? 4 US Altcoins to Buy Today to 100x Before First White House Crypto Summit Cryptocurrencies Price Prediction: Turn $500 to $50K With 4 Altcoins Before March 31, 2025 Can Positive Skew, Whale Activity Push XRP Price to $3 as Bitcoin Selloff Pauses Over the Weekend? Evans Karanja is a crypto analyst and journalist with a deep focus on blockchain technology, cryptocurrency, and the video gaming industry. His extensive experience includes collaborating with various startups to deliver insightful and high-quality analyses that resonate with their target audiences. As an avid crypto trader and investor, Evans is passionate about the transformative potential of blockchain across diverse sectors. Outside of his professional pursuits, he enjoys playing video games and exploring scenic waterfalls. Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Add Comment