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Chainlink (LINK) is up nearly 20% from its dip last week, signaling a rebound in investor sentiment and price forecast. Volume is increasing, volatility is picking up, and LINK is forming a base structure that could mark the end of its accumulation phase. The cryptocurrency is also up following its announcement of a new partnership with credit card provider Mastercard. Now back above $13, investors hope that July will prove bullish, perhaps sending LINK back above $20. Chainlink (LINK) is currently trading over 25% below its May high, reflecting the broader market impact of rising macroeconomic uncertainty and geopolitical tensions, especially the recent Middle East conflicts. Despite these pressures, LINK has managed to hold within a steady consolidation range, signaling resilience as the crypto market awaits its next decisive move. Crypto analyst Henry Lord of Alts says that Chainlink has endured months of downtrend and silence, but a structural shift is now underway. His Analysis h...

Despite its recent correction, Chainlink (LINK) is up more than 53% this year, with January looking to prepare a record-breaking 2025 for the cryptocurrency. Indeed, the asset has stumbled throughout the holiday season, alongside most of the sector. However, that doesn’t lessen excitement over what’s to come for the asset class. The entire industry has high hopes for 2025, and many expect it to outperform what has taken place over the last 12 months. With Bitcoin set to lead an ongoing surge into unprecedented territory, analysts are expecting Chainlink to be among the assets set to break records in the coming year. Also Read: Chainlink (LINK) to Rebound 160% From December Drop: Here’s When Chainlink Has Solid 2024 As It May Be Set to Break Records Next Year Source: Watcher Guru Also Read: Chainlink Falls 15%: Why Analysts Still Expect LINK to Hit $35 in January Any way you look at it, 2024 was an unforgettable year for cryptocurrencies. In January, the United States approve...

A widely followed cryptocurrency analyst and trader is predicting one top 20 altcoin will soon have an explosive breakout. The analyst pseudonymously known as Bluntz tells his 304,200 followers on social media platform X that Ethereum (ETH)-based decentralized oracle Chainlink (LINK) may surge after completing an ABC correction on the 12-hour chart. Bluntz practices the Elliott Wave theory, which states that a bullish asset tends to see more rallies after concluding an ABC wave pullback. “LINK continues to look strong here against USD and BTC pair. Working real hard on the range breakdown reclaim, I think this will be at least 50% higher in the next week or two.” Source: Bluntz/X He also says that the market correction this week creates a buying opportunity for LINK. “There are some good setups now on these mega flushes. LINK is one of them.” Source: Bluntz/X LINK is trading for $23.65 at the of writing, up 12.2% in the last 24 hours. ...

Chain LINK has surpassed the $17.50 level recently, Additionally, there are 11 transactions in profit for every 1 LINK transaction at a loss. According to Santiment, this is the highest ratio since December 8, 2022. Currently, the native asset of the network, LINK , is experiencing a trading range near $17.6, according to the latest data. CoinGecko data also shows that LINK is up by 5.8% in the last 24 hours and is trading in the $17 range. With the market trading in green, here is our price prediction for LINK for June. Also read: Ripple: How High Can XRP Pump in June 2024? Source: CoinGecko Chainlink price prediction for June LINK has demonstrated remarkable performance throughout this year, positioning itself as one of the top-performing assets. In the past 30 days alone, this altcoin has recorded a 14.1% surge in its price. Despite being 66.7% below its previous all-time high of $52.70, the prospect of it reaching double-digit values is more attainable th...

Swift’s collaboration with Chainlink and 12+ financial institutions transferred tokenized value “efficiently” using CCIP. LINK price dropped, and continuous selling pressure could lead it below $14. An entry around $13.83 or $14 may be perfect before another uptrend begins. Chainlink announced that Swift’s collaboration with the blockchain network and 12+ leading financial institutions demonstrated the ability to transfer tokenized value “efficiently” and securely across public and private blockchains using CCIP. Swift’s successful collaboration with #Chainlink and 12+ leading financial institutions demonstrated the ability to transfer tokenized value efficiently and securely across public and private blockchains using CCIP. The onchain future for RWAs ️https://t.co/yUzMZqCvSe pic.twitter.com/ye1Y0lASdb — Chainlink (@chainlink) November 21, 2023 With respect to its partnership with more than a dozen major financial instituti...