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Can Bulls Stage A Comeback?

Este artículo también está disponible en español. Chainlink is facing increasing bearish pressure as its price continues to edge lower, signalling a potential move toward the further downside. After a period of consolidation, the bears have regained control, pushing Chainlink closer toward the $9.28 support level.  However, bulls may not be ready to give up just…

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Chainlink and Fireblocks Forge Alliance to Revolutionize Stablecoin Issuance

Chainlink Labs and Fireblocks partner to offer secure stablecoin solutions for financial institutions. The collaboration provides end-to-end tokenization capabilities for regulated stablecoin issuers. Investors show bullish sentiment towards LINK token amid strategic partnerships. Chainlink Labs and Fireblocks have announced a partnership aimed at transforming the landscape of stablecoin issuance and management for financial institutions. This…

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New Era for Stablecoin Issuance

The latest partnership agreement between Chainlink and Fireblocks has been confirmed as they seek to secure the transfers of stablecoins worldwide.  As part of this union, proof of reserves would be used to verify stablecoin collateral on-chain and boost transparency within the industry.  Chainlink (LINK) has announced a strategic partnership with Fireblocks to provide secure and…

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Chainlink (LINK) Social Dominance Spikes To Its Highest Level Since December

LINK’s social dominance spikes to highest level since December 2023. Number of LINK holders decreases amid price decline since August 26. Bearish divergence on price chart suggests potential drop to $8.08, with $11.24 as bullish target. Chainlink (LINK) has captured the crypto community’s attention, as evidenced by a surge in its social dominance metric. However,…

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Is Chainlink Price on Track for Steady Gains?

Chainlink marked a spike by 1.93%, trading at $10.47. LINK’s dominance in social media has reached its highest in 2024. The overall crypto market has fluctuated throughout the past few weeks. Amid the dips in market cap and trading volume, Chainlink (LINK) has recently broken through critical resistance at $10.35, while many cryptocurrencies extended their…

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Is Chainlink (LINK) Sliding To $9? On-Chain Metrics Expose Weak Network Activity

Este artículo también está disponible en español. Chainlink (LINK) is at a crucial level after a sharp 22% retrace from recent local highs, sparking concern among investors and analysts. The recent downturn is compounded by unsettling on-chain data that suggests Chainlink’s network activity may weaken, adding to the uncertainty surrounding the asset. This decline in…

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Chainlink Price Stuck Between $9 And $12, LINK Mirrors Broader Market Trends

LINK price stuck between $9 and $12, mirroring broader market trends. Bollinger Bands suggest potential volatility surge and breakout opportunity. Price targets: possible rise to $15.6 or continued consolidation under $12.3. Chainlink (LINK) finds itself in a state of limbo, its price action tethered to broader market trends as it continues to move sideways. However,…

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3 Factors That Could Push Chainlink Below $10

Weakening network activity and low user engagement are key factors pressuring LINK’s price towards potential declines below $10. Technical analysis highlights the risk of further downside for LINK as key support levels are tested amidst broader market weakness. Following a recent CNF update on Chainlink securing two new partnerships and integrations, questions arose about the…

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Chainlink Faces Bearish Pressure Despite Reduced Short-Term LINK Holder Dominance

LINK faces bearish pressure despite reduced short-term holder dominance. Ichimoku Cloud analysis suggests potential extended bearish conditions. Price could consolidate between $10.79 and $12.35, with $13.77 as bullish target. Chainlink (LINK) finds itself navigating turbulent waters as uncertain market conditions continue to exert bearish pressure on its price, resulting in losses for investors. Despite glimmers…

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Chainlink (LINK) Could Drop To $8 If It Loses Current Support: On-Chain Data Reveals

Chainlink (LINK) has faced significant volatility this week. Its price dropped over 13% from Monday’s high, bringing LINK to a critical support level of around $11.20. Traders and investors are closely monitoring this crucial area. Related Reading The importance of this level is further emphasized by on-chain data from Santiment, which shows that demand for…

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HashKey Expands Retail Options: AVAX and LINK Listings

HashKey’s strategic listing of AVAX and LINK enhances retail investors’ options in Hong Kong. HashKey’s partnership with Catizen boosts global Web3 gaming, focusing on Ton’s ecosystem. HashKey Exchange, one of Hong Kong’s fully regulated cryptocurrency platforms, has made headlines once more after being approved to list Avalanche (AVAX) and Chainlink (LINK) for retail investors. This…

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Chainlink (LINK) Faces Potential Drawdown as Investor Optimism Wanes

LINK’s price faces potential drawdown as investor optimism wanes. NVT ratio at 4-year, 8-month high, suggesting overvaluation relative to network activity. Price could drop to $10.79 support, with $10.00 as worst-case scenario; $13.00 breach would invalidate bearish outlook. Chainlink (LINK) has buoyed its price in recent weeks begins to lift. This shift in investor sentiment,…

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Chainlink Price Up Over 20%, LINK Outperforms Top 20 Coins

LINK price up 22% in seven days, outperforming most top 20 cryptocurrencies. On-chain metrics and technical indicators suggest the potential for continued growth. Price targets include $13.65 and $14.96, with potential downside to $10.48. Chainlink (LINK) has emerged as a standout performer in the cryptocurrency market, registering an impressive 22% price increase over the past…

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Chainlink Leads the Way in Tokenizing Real-World Assets: 9 New Use Cases

Chainlink is driving innovation in tokenized real-world assets by enhancing transparency and interoperability. Key integrations include improved ETF transparency, cross-chain transfers for real estate and financial tokens, and global asset management solutions. The rise of tokenized real-world assets (RWA) is reshaping the financial landscape, and Chainlink is at the forefront of this transformation. As the…

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