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Chain LINK , a platform compatible with Ethereum and renowned for facilitating decentralized oracles, has been making significant progress in the cryptocurrency market. Currently, the native asset of the network, LINK , is experiencing a trading range above $14 after being in a downtrend for a short period. According to the latest data from CoinGecko, LINK is down by 2% in price in the last 24 hours and is trading at $14.30. With the market trading in red, here is our price prediction for LINK for the week. Also read: How High Can Ripple (XRP) Surge This Week? Chainlink price prediction for the week LINK has demonstrated remarkable performance throughout this year, positioning itself as one of the top-performing assets. However, in the past 30 days alone, this altcoin has recorded a 19.2% drop in its price. Despite being 73% below its previous all-time high of $52.70, the prospect of it reaching double-digit values is more attainable than ever before. Cryptocurrency...

The cryptocurrency market is currently running in green. With Bitcoin rallying ahead, the bull phase is thriving in full swing. Bitcoin has recently touched a new ATH of $70k. With a minor pushback, the cryptocurrency is still holding its ground steady.  With the rise of BTC, leading crypto coins and altcoins are now exchanging hands in a positive market turn. Several altcoins have reported increased user interest and inquiries, leading them to catapult to new highs.  Keeping the growing interest of users and traders in mind, here’s our list of the list of the top three crypto coin picks that have created a dependable ecosystem for investors to explore and invest in.  Also Read: Cryptocurrency Market Projects Green as FOMC Rates Remain Unchanged Top Three Crypto Coins Poised To Deliver Steady Profits Over Time Cryptocurrency #1: ChainLink LINK Per Santiment, ChainLink has lately been pioneering stellar network developments. The blockchain...

LINK outperformed most cryptocurrencies in September, but the recent correction raises questions on the sustainability of the bullish momentum. Since September, Chainlink (LINK) price has gained more than 25%, outperforming Bitcoin (BTC), Ethereum (ETH) and most altcoins. Currently, the project is the leading decentralized blockchain oracle solution and ranks 15th in terms of market capitalization when excluding stablecoins.  In September, LINK's price surged by an impressive 35.5%, but in the month-to-date performance for October, LINK has faced a 10% correction. Investors are concerned that breaking the $7.20 support level may lead to further downward pressure, potentially erasing all the gains from the previous month. Chainlink (LINK) 12-hour price index, USD. Source: TradingView It's worth noting that the closing price of $8.21 on Sept. 30 marked the highest point in over 10 weeks, but when looking at the bigger picture, Chainlink's price still remains 86% below its al...

Chain LINK was one of the first few altcoins to start rallying even before ‘Uptober’ could commence. From a low of around $5.7, LINK rose by more than 40% to $8.2. However, it applied brakes right after. As chalked out below, LINK is currently at critical juncture from the technical perspective. Over the past year, the $8.3 threshold has acted like a strong resistance, and has rejected LINK from rising further more than a handful of times. Last week, LINK yet again attempted to break through this level, but was unsuccessful in doing so. It has been consolidating around $7.3 ever since. LINK/USDT by TradingView Also Read: Crypto: When is the ‘Perfect’ Buying Opportunity? LINK Buy Bias Starts Fading Data from IntoTheBlock revealed that LINK has been facing hurdles from the on-chain perspective. Over the past week, the new addresses and and the active addresses on the network have shrunk by 27% and 3% respectively. This is indicative of reduced activity of market par...