Chainlink

Celestia

“Investors bullish as market cap surpasses $1.7T. Anticipation around Bitcoin’s halving event drives recovery. Chainlink, Celestia surge; XRP dips post-security breach. Predictions favor gains next week.”<img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Add-a-heading.png?fit&#61;900%2C300&amp;ssl&#61;1" />Cryptos Headlines Platform Has Launched Its Native Token, Early Public Sale Is Live On <a href="https://cryptosheadlinestoken.com/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a>“Bitcoin’s rebound strengthens its market dominance, dampening altcoin performance. <a href="https://cryptosheadlines.com/xrp-to-overtake-bitcoin-in-altcoin-season/" rel="noopener noreferrer nofollow">Altcoin season</a> index drops sharply to 65 from peak of 84, indicating subdued interest. Bitcoin expected to maintain investor focus next week.”<h3 id="chainlink-s-trading-dynamics-buyers-and-sellers-at-play">Chainlink’s Trading Dynamics: Buyers and Sellers at Play</h3>Chainlink has shown a positive shift in its trading pattern by surpassing the $17.7 mark, indicating buyer dominance. However, sellers are now strongly resisting a surge above $20.<img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/cryptosheadlines003-5.png?resize&#61;640%2C299&amp;ssl&#61;1" />Nevertheless, sellers are expected to persist in their defense, aiming to push the price below the breakout level. A successful retreat could catch overconfident buyers off guard, potentially leading to a decline towards the <a href="https://cryptosheadlines.com/rune-price-aims-for-50-increase-by-challenging-50-day-ema/" rel="noopener noreferrer nofollow">50-day EMA</a> at $16.1.On the flip side, if buyers maintain the price above $19-$20, it would <a href="https://cryptosheadlines.com/sol-price-lifeline-support-retest-signals-potential-17-breakout-confirmation/" rel="noopener noreferrer nofollow">confirm the breakout</a> as legitimate. Currently, buyers are defending the breakout point, and they may <a href="https://cryptosheadlines.com/chainlink-price-surges-6-with-triangle-breakout-15-next-target/" rel="noopener noreferrer nofollow">target $22 next</a> if resistance at $20 weakens.<h3 id="tia-s-bullish-rally-and-potential-challenges">TIA’s Bullish Rally and Potential Challenges</h3>The price of TIA has recently experienced a <a href="https://cryptosheadlines.com/shiba-inus-ongoing-trends-can-they-fuel-a-bullish-rally/" rel="noopener noreferrer nofollow">bullish rally</a>, propelled above $16 by bullish sentiment. Over the past 24 hours, <a href="https://cryptosheadlines.com/celestias-tia-price-hits-record-high-could-20-be-next/" rel="noopener noreferrer nofollow">TIA’s price</a> trajectory has remained bullish as buyers continue to accumulate, driving the price towards immediate Fibonacci lines. At present, TIA is trading at $18.1, marking a 2.2% surge from yesterday’s rate.<img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/cryptosheadlines004-6.png?resize&#61;640%2C299&amp;ssl&#61;1" />However, there is a notable selling pressure anticipated near the $20 mark, which could potentially lead to a downturn in TIA’s price. If <a href="https://cryptosheadlines.com/luna-price-rally-can-terra-classic-bulls-sustain-momentum-post-upgrade/" rel="noopener noreferrer nofollow">bulls manage to sustain the price</a> above this level, TIA’s buying momentum might persist. It’s important to consider that a drop below the ascending support line could push the Relative Strength Index (RSI) into the oversold region, escalating the selling pressure.<a href="https://cryptosheadlines.com/chainlink-surges-to-22-month-high-will-the-rally-persist-details-inside/" rel="noopener noreferrer nofollow">Also Read: Chainlink Surges to 22-Month High! Will the Rally Persist? Details Inside!</a><h3 id="xrp-s-price-movement-and-potential-scenarios">XRP’s Price Movement and Potential Scenarios</h3>Sellers exerted pressure on XRP’s price, driving it below the $0.50 support level. However, the notable long tail on the day’s candlestick suggests significant <a href="https://cryptosheadlines.com/ltc-price-buy-the-rumor-sell-the-news-before-halving/" rel="noopener noreferrer nofollow">buying activity at lower prices</a>.If XRP manages to surpass the descending resistance line, it could signal a potential <a href="https://cryptosheadlines.com/cardanos-ada-price-rally-towards-1-amid-recent-developments/" rel="noopener noreferrer nofollow">rally towards</a> the 200-day Exponential Moving Average (EMA). Further upward movements may consolidate the price around $0.66.Conversely, a decline below the crucial support level of $0.47 could weaken <a href="https://cryptosheadlines.com/solana-sol-signals-25-price-action-with-bullish-momentum/" rel="noopener noreferrer nofollow">bullish momentum</a>. This scenario would likely prompt a resurgence in selling pressure, pushing <a href="https://cryptosheadlines.com/xrp-price-returns-to-pre-court-ruling-levels-amid-latest-sec-case-updates/" rel="noopener noreferrer nofollow">XRP’s price towards the critical $0.4 level</a>.Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

Top Altcoins for Next Week: LINK- TIA- XRP

Table of Contents

CryptosHeadlines.com

Other articles published on Feb 4, 2024

Tether Launches Global Digital Skills Initiative: Tether Edu

Crypto Airdrop: How to Claim It and How to Be Eligible for It

Ethereum Price Is Under Pressure As It Encounters Rejection At $2,400

Magic partners with zkSync

Key Developments Impacting Cryptocurrency Prices This Week

February crypto outlook: Shiba Inu (SHIB), Retik Finance (RETIK), and Bonk (BONK) emerge as top buys

Join our free newsletter for daily crypto updates!