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{"id":514201,"date":"2022-12-29T21:57:24","date_gmt":"2022-12-30T02:57:24","guid":{"rendered":"https:\/\/ktsl888.com\/?p=514201"},"modified":"2023-03-08T07:26:13","modified_gmt":"2023-03-08T07:26:13","slug":"chainlink-nears-6-level","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/chainlink-nears-6-level\/","title":{"rendered":"Chainlink Nears Crucial $6 Level As LINK Ushers In The New Year"},"content":{"rendered":"

Chainlink (LINK) has recently announced its new tie-up with <\/span>Blueberry,<\/span><\/a> which is set to automate and enhance the build and LP strategies of the network. With this collaboration, Blueberry is developed to provide incentives and network fees.<\/span><\/p>\n

LINK price down 0.85%<\/span><\/li>\n

Partnership with Blueberry bolsters buyer confidence<\/span><\/li>\n

Crypto experts expect LINK to go bullish before the year ends<\/span><\/li>\n<\/ul>\n

According to<\/span> data by Coingecko<\/a>, LINK price has plunged by 7.5% in the last seven days, and trading at $5.55 as of this writing. <\/span><\/p>\n

Technical indicators demonstrate that the coin has lost its grip at the $6 level, which could hint at a bearish signal. If the bulls fail to shoot over $6, it could be a bigger challenge for Chainlink.<\/span><\/p>\n

LINK Bulls Push To Get Price Past $6<\/b><\/h2>\n
On the brighter side, the LINK bulls are always quick to make a comeback whenever the price crashes. When prices dip below critical level, buyers immediately move to save the day. In this scenario, a breach of the $6 level would be a big achievement, especially in ushering the new year.<\/span><\/p>\n
But, LINK is expected to shoot up higher.\u00a0 Micha\u00ebl Van De Poppe<\/span><\/a>, a crypto expert, expects LINK to move into the bullish territory by 2023. <\/span><\/p>\n
In detail, he expects the crypto to hit $17 if the bulls reach a resistance level of $7.80. On the other hand, the crypto analyst says that Chainlink can drop and warm up below $5 before it pumps up in price.<\/span><\/p>\n
$\"\"$ <\/p>\n
Chart: TradingView<\/pre>\n
As of press time, LINK has been consolidating between $6 and $8. Considering this, any breach below this range could pull LINK further down. Predictably, bulls will take over once the digital asset breaches this low range.<\/span><\/p>\n
Related Reading: Why ALGO Has Been Stagnant In Last 10 Days And Still At The Mercy Of Bears<\/a><\/div>\n
<\/p>\n
LINK total market cap at $2.8 billion on the daily chart | Chart: TradingView.com<\/a><\/pre>\n
Chainlink Positive Sentiment, Increased Buyer Interest Up<\/b><\/h2>\n
There is intensified selling pressure with LINK as its RSI points too close to the oversold zone, indicating a bullish spike. The bear pressure mounts each time the crypto drops, as it is expected to slide further below the consolidation range.<\/span><\/p>\n
Whale interest has increased for Chainlink.<\/a> In fact, LINK is said to be one of the top 10 most purchased crypto in the past 24 hours. This is surprising because LINK did not accumulate any major gains over the past week, but investor and buyer confidence did.<\/span><\/p>\n
Understandably, the whales were excited with LINK because the technical indicators suggested a price rally in the coming days or before the year ends. Despite the decline in Chainlink developmental activity, the positive sentiment for the coin has mounted significantly.<\/span><\/p>\n
–<\/p>\n
Featured Image: Mapping It Out<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Chainlink (LINK) has recently announced its new tie-up with Blueberry, which is set to automate and enhance the build and LP strategies of the network. With this collaboration, Blueberry is developed to provide incentives and network fees. LINK price down 0.85% Partnership with Blueberry bolsters buyer confidence Crypto experts expect LINK to go bullish before the year ends According to data by Coingecko, LINK price has plunged by 7.5% in the last seven days, and trading at $5.55 as of this writing. Technical indicators demonstrate that the coin has lost its grip at the $6 level, which could hint at a bearish signal. If the bulls fail to shoot over $6, it could be a bigger challenge for Chainlink. Related Reading: Dogecoin Breaking Past This Key Barrier Could Spell 10% Spike For DOGE LINK Bulls Push To Get Price Past $6 On the brighter side, the LINK bulls are always quick to make a comeback whenever the price crashes. When prices dip below critical level, buyers immediately move to save the day. In this scenario, a breach of the $6 level would be a big achievement, especially in ushering the new year. But, LINK is expected to shoot up higher.\u00a0Micha\u00ebl Van De Poppe, a crypto expert, expects LINK to move into the bullish territory by 2023. In detail, he expects the crypto to hit $17 if the bulls reach a resistance level of $7.80. On the other hand, the crypto analyst says that Chainlink can drop and warm up below $5 before it pumps up in price. Chart: TradingView As of press time, LINK has been consolidating between $6 and $8. Considering this, any breach below this range could pull LINK further down. Predictably, bulls will take over once the digital asset breaches this low range. Related Reading: Why ALGO Has Been Stagnant In Last 10 Days And Still At The Mercy Of Bears LINK total market cap at $2.8 billion on the daily chart | Chart: TradingView.com Chainlink Positive Sentiment, Increased Buyer Interest Up There is intensified selling pressure with LINK as its RSI points too close to the oversold zone, indicating a bullish spike. The bear pressure mounts each time the crypto drops, as it is expected to slide further below the consolidation range. Whale interest has increased for Chainlink. In fact, LINK is said to be one of the top 10 most purchased crypto in the past 24 hours. This is surprising because LINK did not accumulate any major gains over the past week, but investor and buyer confidence did. Understandably, the whales were excited with LINK because the technical indicators suggested a price rally in the coming days or before the year ends. Despite the decline in Chainlink developmental activity, the positive sentiment for the coin has mounted significantly. – Featured Image: Mapping It Out<\/p>\n","protected":false},"author":557,"featured_media":510887,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[87474,16295,79580,16097,82825],"class_list":["post-514201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-blueberry","tag-chainlink","tag-chainlink-price","tag-link","tag-link-price"],"acf":[],"yoast_head":"\nChainlink Nears Crucial $6 Level As LINK Ushers In The New Year<\/title>\n<meta name=\"description\" content=\"Chainlink (LINK) has recently announced its new tie-up with Blueberry, which is set to automate and enhance the build and LP strategies of the network.\" \/>\n<meta name=\"robots\" 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/ktsl888.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Chainlink Nears Crucial $6 Level As LINK Ushers In The New Year","url":"http:\/\/ktsl888.com\/news\/chainlink-nears-6-level\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/chainlink-nears-6-level\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/12\/Chainlink.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/12\/Chainlink.png?fit=759%2C600"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["blueberry","chainlink","chainlink price","link","link price"],"dateCreated":"2022-12-30T02:57:24Z","datePublished":"2022-12-30T02:57:24Z","dateModified":"2023-03-08T07:26:13Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Chainlink Nears Crucial $6 Level As LINK Ushers In The New Year\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/chainlink-nears-6-level\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/chainlink-nears-6-level\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/Chainlink.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/12\\\/Chainlink.png?fit=759%2C600\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"blueberry\",\"chainlink\",\"chainlink price\",\"link\",\"link price\"],\"dateCreated\":\"2022-12-30T02:57:24Z\",\"datePublished\":\"2022-12-30T02:57:24Z\",\"dateModified\":\"2023-03-08T07:26:13Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/12\/Chainlink.png?fit=759%2C600","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/514201"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=514201"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/514201\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/510887"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=514201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=514201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=514201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}