Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

2025-05-19

Authorities claim that scammers have stolen $ 265,000,000 in crypto to buy exotic cars, private security and other luxury

2025-05-19

Cardano’s ICO era ‘Redemption Scandal’ re -diving – will it drag the Rally of Ada?

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

    2025-05-19

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Authorities claim that scammers have stolen $ 265,000,000 in crypto to buy exotic cars, private security and other luxury

    2025-05-19

    SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

    2025-05-19

    Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

    2025-05-19

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18
  • Analysis

    XRP -Price confirms Bullish reversing settings with this demand zone

    2025-05-19

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19

    Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»LINK price rises more than 5%, a new uptrend in the making of Chainlink?
Analysis

LINK price rises more than 5%, a new uptrend in the making of Chainlink?

2024-01-15No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Chainlink’s LINK price is moving higher above the USD 15.00 resistance. The price is now up over 5% and could aim for a move towards the USD 18.00 resistance.

  • Chainlink price is showing positive signs above $14.50 against the US dollar.
  • The price is trading above the $15.00 level and the 100 simple moving average (4-hours).
  • There was a break above a key bearish trendline with resistance around $14.85 on the 4-hour chart of the LINK/USD pair (Kraken data source).
  • The price could rise further if it crosses the USD 16.40 resistance zone.

Chainlink (LINK) Price looks for more benefits

Over the past few sessions, Chainlink bulls managed to push the price above a few key hurdles to $14.50. Previously, LINK price formed a base above $12.50 and started a new increase.

There was a break above a key bearish trendline with resistance near $14.85 on the 4-hour chart of the LINK/USD pair. The bulls pumped the pair above the 50% Fib retracement level of the downward move from the $17.59 swing high to the $12.50 low.

LINK is now trading above the $15.00 level and the 100 simple moving average (4-hours). The price is up more than 5%, surpassing both Bitcoin and Ethereum. If the bulls remain in action, the price could rise further. Immediate resistance is near the 61.8% Fib retracement level of the downward move from the $17.59 swing high to the $12.50 low at $15.65.

Chain link (LINK)

Source: LINKUSD on TradingView.com

The next major resistance is near the $16.40 zone. A clear break above $16.40 could potentially trigger a steady rise towards the $17.50 and $18.00 levels. The next major resistance is near the USD 18.80 level, above which the price could test USD 20.00.

See also  Will it find a way up?

Are dips limited?

If Chainlink price fails to rise above the USD 15.65 resistance level, a downside correction could occur. The initial downside support is near the $14.50 level.

The next major support is near the USD 13.70 level, below which the price could test the USD 13.00 level. Any further losses could push LINK towards the $12.50 level in the near term.

Technical indicators

4-hour MACD – The MACD for LINK/USD is gaining strength in the bullish zone.

4-hour RSI (Relative Strength Index) – The RSI for LINK/USD is now above the 50 level.

Major support levels – USD 15.00 and USD 14.50.

Major resistance levels – $15.65 and $16.50.

Disclaimer: The article is for educational purposes only. It does not represent NewsBTC’s views on buying, selling or holding investments and of course investing involves risks. You are advised to conduct your own research before making any investment decisions. Use the information on this website entirely at your own risk.

Source link

Chainlink LINK Making Price Rises Uptrend
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP -Price confirms Bullish reversing settings with this demand zone

2025-05-19

Finish Bitcoin price inches in the direction of all time-can Momentum?

2025-05-19

Ethereum – price cannot break through – what does it stop?

2025-05-19

Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

2025-05-19
Add A Comment

Comments are closed.

Top Posts

Chainlink selected as launch partner for Sony Group’s Soneium Blockchain

2024-08-25

XRP’s Price to Rise 100%, Outperform Bitcoin? This is why it is ‘not impossible’

2024-03-20

DWF Laboratories improves crypto token status bone for emarter market insights

2025-03-04
Editors Picks

Floor opens NFT buys in-app, will absorb 30% costs from Apple and Google

2023-07-20

Top Trader Says Breaking Parabolic Trend Is Positive for Bitcoin, Reveals Timeline for Renewed BTC Strength

2024-06-25

Understanding the correlation between Bitcoin and NASDAQ 100

2023-11-18

Jack Dorsey-backed TBD launches new Web5 toolkit to decentralize the Internet

2023-05-25

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

Authorities claim that scammers have stolen $ 265,000,000 in crypto to buy exotic cars, private security and other luxury

Cardano’s ICO era ‘Redemption Scandal’ re -diving – will it drag the Rally of Ada?

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,328.480.22%
  • ethereumEthereum(ETH)$2,498.482.61%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.37-0.75%
  • binancecoinBNB(BNB)$650.220.73%
  • solanaSolana(SOL)$165.65-1.90%
  • usd-coinUSDC(USDC)$1.000.05%
  • dogecoinDogecoin(DOGE)$0.222936-1.33%
  • cardanoCardano(ADA)$0.74-0.66%
  • tronTRON(TRX)$0.265660-0.33%
  • suiSui(SUI)$3.82-0.02%
  • chainlinkChainlink(LINK)$15.691.32%
  • avalanche-2Avalanche(AVAX)$22.05-1.89%
  • stellarStellar(XLM)$0.285326-1.08%
  • hyperliquidHyperliquid(HYPE)$26.37-0.47%
  • shiba-inuShiba Inu(SHIB)$0.000015-0.73%
  • hedera-hashgraphHedera(HBAR)$0.192079-0.76%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-0.61%
  • bitcoin-cashBitcoin Cash(BCH)$390.81-2.59%
  • the-open-networkToncoin(TON)$3.02-3.46%
  • litecoinLitecoin(LTC)$98.25-0.37%
  • polkadotPolkadot(DOT)$4.57-2.11%
  • moneroMonero(XMR)$340.621.07%
  • bitget-tokenBitget Token(BGB)$5.190.86%
  • pepePepe(PEPE)$0.000013-0.47%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.73-1.80%
  • ethena-usdeEthena USDe(USDE)$1.00-0.04%
  • uniswapUniswap(UNI)$5.91-0.28%
  • aaveAave(AAVE)$238.796.37%
  • bittensorBittensor(TAO)$405.66-2.13%
  • nearNEAR Protocol(NEAR)$2.74-0.81%
  • aptosAptos(APT)$5.151.24%
  • okbOKB(OKB)$52.31-1.02%
  • ondo-financeOndo(ONDO)$0.92-0.53%
  • ethereum-classicEthereum Classic(ETC)$18.430.79%
  • kaspaKaspa(KAS)$0.106443-3.55%
  • internet-computerInternet Computer(ICP)$5.17-0.45%
  • gatechain-tokenGateToken(GT)$21.44-0.88%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.78-1.56%
  • crypto-com-chainCronos(CRO)$0.095656-2.28%
  • mantleMantle(MNT)$0.72-1.60%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231641-2.11%
  • vechainVeChain(VET)$0.027854-1.41%
  • render-tokenRender(RENDER)$4.54-0.34%
  • usd1World Liberty Financial USD(USD1)$1.00-0.03%
  • ethenaEthena(ENA)$0.360481-4.16%
  • algorandAlgorand(ALGO)$0.220812-0.34%
  • filecoinFilecoin(FIL)$2.84-0.15%
  • arbitrumArbitrum(ARB)$0.3876961.14%
  • bitcoinBitcoin(BTC)$105,328.480.22%
  • ethereumEthereum(ETH)$2,498.482.61%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.37-0.75%
  • binancecoinBNB(BNB)$650.220.73%
  • solanaSolana(SOL)$165.65-1.90%
  • usd-coinUSDC(USDC)$1.000.05%
  • dogecoinDogecoin(DOGE)$0.222936-1.33%
  • cardanoCardano(ADA)$0.74-0.66%
  • tronTRON(TRX)$0.265660-0.33%
  • suiSui(SUI)$3.82-0.02%
  • chainlinkChainlink(LINK)$15.691.32%
  • avalanche-2Avalanche(AVAX)$22.05-1.89%
  • stellarStellar(XLM)$0.285326-1.08%
  • hyperliquidHyperliquid(HYPE)$26.37-0.47%
  • shiba-inuShiba Inu(SHIB)$0.000015-0.73%
  • hedera-hashgraphHedera(HBAR)$0.192079-0.76%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-0.61%
  • bitcoin-cashBitcoin Cash(BCH)$390.81-2.59%
  • the-open-networkToncoin(TON)$3.02-3.46%
  • litecoinLitecoin(LTC)$98.25-0.37%
  • polkadotPolkadot(DOT)$4.57-2.11%
  • moneroMonero(XMR)$340.621.07%
  • bitget-tokenBitget Token(BGB)$5.190.86%
  • pepePepe(PEPE)$0.000013-0.47%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.73-1.80%
  • ethena-usdeEthena USDe(USDE)$1.00-0.04%
  • uniswapUniswap(UNI)$5.91-0.28%
  • aaveAave(AAVE)$238.796.37%
  • bittensorBittensor(TAO)$405.66-2.13%
  • nearNEAR Protocol(NEAR)$2.74-0.81%
  • aptosAptos(APT)$5.151.24%
  • okbOKB(OKB)$52.31-1.02%
  • ondo-financeOndo(ONDO)$0.92-0.53%
  • ethereum-classicEthereum Classic(ETC)$18.430.79%
  • kaspaKaspa(KAS)$0.106443-3.55%
  • internet-computerInternet Computer(ICP)$5.17-0.45%
  • gatechain-tokenGateToken(GT)$21.44-0.88%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.78-1.56%
  • crypto-com-chainCronos(CRO)$0.095656-2.28%
  • mantleMantle(MNT)$0.72-1.60%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231641-2.11%
  • vechainVeChain(VET)$0.027854-1.41%
  • render-tokenRender(RENDER)$4.54-0.34%
  • usd1World Liberty Financial USD(USD1)$1.00-0.03%
  • ethenaEthena(ENA)$0.360481-4.16%
  • algorandAlgorand(ALGO)$0.220812-0.34%
  • filecoinFilecoin(FIL)$2.84-0.15%
  • arbitrumArbitrum(ARB)$0.3876961.14%