Chainlink (LINK) has gained bullish momentum after rising above its 26-day and 50-day exponential moving averages, trading around $8.72. This recovery follows a local bottom near $7.20 and is supported by stronger trading volume, indicating genuine buying interest. The next resistance zone is between $8.80 and $9.00, with a potential rally toward the $10 psychological level if LINK closes decisively above this range. However, the 200-day EMA near $9.75 remains a crucial long-term resistance that must be surpassed to confirm a sustained bullish trend.
On July 28, the cryptocurrency market showed varied trends: Shiba Inu (SHIB) experienced a strong breakout with increased volume, signaling a potential early recovery phase if it sustains above key moving averages. Chainlink (LINK) is attempting a tr...
A large Chainlink whale accumulated 1.58 million LINK tokens worth about $13.3 million by withdrawing from Binance, reducing exchange supply and signaling confidence. Despite this, LINK's price remained stable above the $8.18 support level without a ...
Ethereum spot ETFs attracted $103.9 million in net inflows last week, continuing strong institutional demand despite market volatility. In contrast, Bitcoin ETFs saw a sharp decline in weekly inflows to $33.79 million after heavy outflows midweek, wi...
Ethereum exchange-traded funds (ETFs) led crypto fund inflows last week with $103.9 million, marking a third consecutive week of strong demand. Bitcoin ETFs saw declining inflows, dropping to $33.79 million amid two days of significant outflows. Mean...
United Stables has chosen Chainlink as its official data and cross-chain infrastructure provider to improve security for its native stablecoin on the BNB Chain. This adoption aims to strengthen the security standards of the stablecoin, ensuring safer...
