chainlink price
Data shows traders rushed to buy altcoins during Bitcoin’s dip to $50K
published: 1 hour ago
Bitcoin price may be stuck in a rut but this hasn't stopped traders from loading up on LINK, BAND and Qtum.
smart summary beta
Trader Michaël van de Poppe stated that LINK has bottomed out in the LINK/BTC trading pair. Strengthening the thesis that LINK’s gains will extend further, the trader set support at 0.0004 sats and a possible 253% increase to 0.0017 sats if LINK breaks through its higher resistance levels. It seems that the beginning of LINK’s bullish momentum stems from its inclusion in Grayscale’s product suite. Chainlink’s multiple oracle use cases and interoperability seem poised to continue to increase LINK buying pressure
