Link is up 20% this last week as it looks to break the resistance trend and continue moving upwards in price.
https://coingape.com/chainlink-link-price-6-will-break-resistance-trend-line-set-upward-journey/
Topic: Is Chainlink (LINK) a good investment? - page 3. (Read 6951 times)
On the bright side, LINK is trading in green in a very shaky market. Looking at its performance, Chainlink is one of the highest trading cryptos today and it is still improving in the market. Still, I'm not convinced if that is the project I should invest in. I'm following all their updates and so on, but I would really appreciate your opinion on that.
2 years after this question , Now Link is really making its way on top.Any update ? how much have you already gain now? it is not a joke having bought that long and hold.
Bullish article about LINK being ready to take off to new all time high.
https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-positioned-for-new-all-time-highs-202105271700
So are we going to bet more?https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-positioned-for-new-all-time-highs-202105271700
Bet more on LINK if market confirmed the bull are back to its path. Before that i think the wise thing to do is wacth. I want to bet more but still wait for confirmation chart for btc. No matter how good LINK. When BTC fall it will follow. DCA also good strategy if you want to star now. All in is pure speculation.
On the bright side, LINK is trading in green in a very shaky market. Looking at its performance, Chainlink is one of the highest trading cryptos today and it is still improving in the market. Still, I'm not convinced if that is the project I should invest in. I'm following all their updates and so on, but I would really appreciate your opinion on that.
2 years after this question , Now Link is really making its way on top.Any update ? how much have you already gain now? it is not a joke having bought that long and hold.
Bullish article about LINK being ready to take off to new all time high.
https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-positioned-for-new-all-time-highs-202105271700
So are we going to bet more?https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-positioned-for-new-all-time-highs-202105271700
One could properly say that LINK's volume is in a very good moment, despite the bearish BTC market of a few days ago, LINK has shown a very good recovery, the volume that has recovered has been almost 11%, this is a sign to take into account at least to have it in the long term.
Source: https://ambcrypto.com/matic-solana-chainlink-this-makes-it-likely-that-these-3-alts-will-make-this-price-movement/
As prices are pleasant in the market for LINK, this vision is in the short term, if in the short term considering the uncertainty in the market due to the fact that BTC rises and falls, as yesterday that rose 2.98% then under almost 4%, the fact that LINK shows this data, is a good omen where it is advisable to put the money or shelter it in the worst case.
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In the case of LINK, the rally is an extended one. The trade volume was up over 11% in the past 24 hours. The concentration by large HODLers is at 78% and the network has $2.38 Billion worth of transactions over the past week.
Source: https://ambcrypto.com/matic-solana-chainlink-this-makes-it-likely-that-these-3-alts-will-make-this-price-movement/
As prices are pleasant in the market for LINK, this vision is in the short term, if in the short term considering the uncertainty in the market due to the fact that BTC rises and falls, as yesterday that rose 2.98% then under almost 4%, the fact that LINK shows this data, is a good omen where it is advisable to put the money or shelter it in the worst case.
Bullish article about LINK being ready to take off to new all time high.
https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-positioned-for-new-all-time-highs-202105271700
https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-positioned-for-new-all-time-highs-202105271700
Chainlink is not your regular coin, it is actually an oracle platform serving many project on ethereum network and pushing us ahead more into future where decentralization is entrench in banking, finance , business and entertainment! Chainlink is a value coin and I will advice anyone to buy Chainlink!
LINK has been reacting to the market, it is not to forget that BTC has made a lot of effort to recover, LINK also, some investors do not lose hope that LINK can give a good surprise, sometimes LINK can go up when BTC makes lateral movements, but I think that if btc continues to go down if it can affect you a lot:
According to the analysis, it shows a buy signal, but it is a matter of waiting, those who want to buy I think that at this moment it is worth the risk.
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Chainlink’s recovery was halted at $26.45-resistance and although gains were still possible till $31, any moves above that were largely dependent on broader market cues. A minor pullback could be stalled at $23.1-resistance, whereas a sharper dip could see LINK head back towards $17.25-something that would see the cryptocurrency erase all of its gains made over the past few days. However, chances of such an outcome were slim considering the pace at which BTC has regained key levels since its retracement.
Source: https://ambcrypto.com/polkadot-litecoin-chainlink-price-analysis-25-may/According to the analysis, it shows a buy signal, but it is a matter of waiting, those who want to buy I think that at this moment it is worth the risk.
I think that LINK has a very good omen, the bulls are having a lot of faith in LINK, in fact BTC has a very good recovery and as BTC goes up LINK will show more recovery, although LINK is a good investment I think that now if it is invested it will have a very good profit:
This analysis has a rising wedge, which means the analyst subjectively means that LINK is going up.
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As you can see on the chart, the wedge held perfectly during yesterday's BTC dump. For me, this signals that bullish pressure is still there and that we might see a strong reversal coming fairly soon.
Source: https://www.tradingview.com/chart/LINKUSDT/V9URCuEJ-LINK-Multi-Year-Analysis/This analysis has a rising wedge, which means the analyst subjectively means that LINK is going up.
After reading this Chainlink price prediction, I invested 10% of my financial portfolio in this coin. For some reason, I used to underestimate this coin.
LINK has become the 21st member of the Hedera Governing Council.
https://hedera.com/blog/chainlink-labs-furthers-enterprise-focus-joins-hedera-governing-council
https://hedera.com/blog/chainlink-labs-furthers-enterprise-focus-joins-hedera-governing-council
LINK is up 5% after this recent bear market has come to a end.
https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-bounces-despite-crypto-bloodbath-202105172201
https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-bounces-despite-crypto-bloodbath-202105172201
In my opinion, LINK is still leading Defi tokens. LINK also is one of the top 20 altcoins. It is simply to state that LINK is a good investment. I am holding some LINK on my wallets since the last year. It already gave me some money after holding a year. But ensure you buy and sell LINK in the right time.
On the bright side, LINK is trading in green in a very shaky market. Looking at its performance, Chainlink is one of the highest trading cryptos today and it is still improving in the market. Still, I'm not convinced if that is the project I should invest in. I'm following all their updates and so on, but I would really appreciate your opinion on that.
if you want to invest in LINK for the long term, then it is the right choice, because in my opinion LINK is a good altcoin to be used as a long-term investment, because I am sure that the price of LINK will definitely continue to increase and of course it will make you get a big profit if you invest in LINK for the long term, therefore now is the right time for you to invest in LINK, because I think the price of LINK could increase by at least $100 in the next altseason.
Crypto Analyst Benjamin Cowen has Bullish price predictions for LINK.
https://dailyhodl.com/2021/05/10/chainlink-ready-to-erupt-says-crypto-analyst-benjamin-cowen-heres-his-massive-end-of-year-target/
https://dailyhodl.com/2021/05/10/chainlink-ready-to-erupt-says-crypto-analyst-benjamin-cowen-heres-his-massive-end-of-year-target/
There is an analysis of a trader that seems excellent to me, it is the most optimistic I have seen, in fact the analyst thinks that LINK can reach 100usd this year easily, and he launches his prediction with great confidence, here I share:
It is only 2 months that the analyst sees this price, it may happen, but it does not explain well if he launches this prediction based on an eventual bullish trend of BTC.
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Chainlink (LINK) is on the trader’s radar as well. Smart Contracter predicts that the decentralized oracle network will more than double its current price of $45 in about two months.
“LINK $100 in <60 days.”
Source: https://dailyhodl.com/2021/05/11/top-trader-unveils-bullish-targets-for-bitcoin-ethereum-xrp-chainlink-and-1inch/“LINK $100 in <60 days.”
It is only 2 months that the analyst sees this price, it may happen, but it does not explain well if he launches this prediction based on an eventual bullish trend of BTC.
LINK is up over 64% in last month to all time high of $52 with targets price point of $100.
https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-prediction-link-makes-new-all-time-high-targeting-100-202105101146
https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-prediction-link-makes-new-all-time-high-targeting-100-202105101146
LINK is plus 12% this week and this Bullish article says more all time highs are on the way.
https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-knocks-out-dual-resistance-link-poised-for-all-time-highs-202105031729
https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-knocks-out-dual-resistance-link-poised-for-all-time-highs-202105031729
The growth of LINK has been on the rise, although many are thinking that the altcoin season has already started ETH, BNB and ADA have been the most winners in the altcoins market, for its part LINK does not go unnoticed, it has a profit of approximately 2%,in this article they review it:
I have always seen LINK as a great investment, now if bitcoin begins its bullish trend range LINK will surely respond positively.
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The rise of Chainlink (LINK) has not reached its peak yet. Bears may seize the initiative around the closest resistance at $40.30. However, in the long-term scenario, buyers have the chance to attack the peak at $44.30.
Source: https://u.today/btc-eth-xrp-bnb-and-link-price-analysis-for-may-1I have always seen LINK as a great investment, now if bitcoin begins its bullish trend range LINK will surely respond positively.
Since their inception in Feb. Grayscale Chainlink Trust is up more then 41%.
https://grayscale.com/products/grayscale-chainlink-trust/?utm_medium=social&utm_source=twitter&utm_campaign=2021_q2_LINK
https://beincrypto.com/grayscale-chainlink-trust-up-41-since-february/
https://grayscale.com/products/grayscale-chainlink-trust/?utm_medium=social&utm_source=twitter&utm_campaign=2021_q2_LINK
https://beincrypto.com/grayscale-chainlink-trust-up-41-since-february/
It was a rough last month for LINK after seeing all time highs of $37 back on February 20.
Here this Bullish article explains signals showing price strengths- https://cointelegraph.com/news/3-key-chainlink-price-metrics-signal-link-is-gathering-strength
Even for now the price of chainlink is only around $ 32 it's a drop of $ 5 and to pump back to $ 5 I think chainlink has to go through a lot of hurdles and hard pump like a few months agoHere this Bullish article explains signals showing price strengths- https://cointelegraph.com/news/3-key-chainlink-price-metrics-signal-link-is-gathering-strength
Price is now closer to $31.30 but a Bullish article explains how recent new all time highs make investors confident in long term of this project.
https://ambcrypto.com/heres-why-chainlinks-price-rally-isnt-over-yet/
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