Satoshi

Show

Chainlink

Rekt

<p>Crypto analyst Rekt Capital has shared his newsletter examining the market trends for Chainlink (LINK) and SUI. The analysis highlights key support and resistance levels for both assets, offering insights into their recent price movements and potential future trajectories.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">I've published a new Altcoin Newsletter <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>I share my charts &amp; analysis on 6 Altcoins<br><br>These Altcoins are <a href="https://twitter.com/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$LINK</a> <a href="https://twitter.com/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SUI</a> <a href="https://twitter.com/search?q=%24AERO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$AERO</a> <a href="https://twitter.com/search?q=%24FTM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$FTM</a> <a href="https://twitter.com/search?q=%24BONK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BONK</a> <a href="https://twitter.com/search?q=%24DOT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$DOT</a><br><br>I share an Altcoin Newsletter like this every Friday<br><br>Sign up &amp; read here:<a href="https://t.co/rBAg9mdfb4" target="_blank" rel="noopener noreferrer nofollow">https://t.co/rBAg9mdfb4</a><a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#BTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a></p>— Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1811760676626460874?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 12, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<h2 class="wp-block-heading" id="strong-chainlink-shows-resilience-amid-pullback-strong"><strong>Chainlink Shows Resilience Amid Pullback</strong></h2>
<p>Rekt Capital’s examination of Chainlink’s quarterly chart reveals an intriguing development. Despite a recent pullback, LINK maintains its macro uptrend that began after breaking out of a long-term accumulation range.</p>
<p>The analyst notes that LINK has been retracing for two quarters, finding support in a weighty zone.&nbsp;</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="723" src="https://captainaltcoin.com/wp-content/uploads/2024/07/image-401-1024x723.png" alt="" class="wp-image-524857" srcset="https://captainaltcoin.com/wp-content/uploads/2024/07/image-401-1024x723.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-401-300x212.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-401-768x542.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-401-1536x1084.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-401-2048x1446.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-401-212x150.png 212w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-401-100x71.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-401-496x350.png 496w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-401-788x556.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-401.png 1000w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><em>“This area previously acted as resistance in mid-2020 and Q3 2020,”</em> Rekt Capital points out. Interestingly, this former resistance may now serve as crucial support for Chainlink.</p>
<p>While LINK has initially retested the top of this support area earlier in the current quarter, Rekt Capital suggests that further retesting may occur in the coming months. This behavior could indicate a potential consolidation phase before the next move.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="strong-sui-navigates-key-price-levels-strong"><strong>SUI Navigates Key Price Levels</strong></h2>
<p>Turning attention to SUI, Rekt Capital identifies critical price levels that may influence its future trajectory. The analysis centers on a light blue support level and a black resistance level at $0.97.</p>
<p>Currently, SUI is finding support at the light blue level, which could pave the way for upward momentum. However, the analyst cautions that SUI recently lost the $0.97 level as support, closing below it last month.</p>
<p><em>“If SUI rebounds but rejects at the black level, it would confirm a new resistance,”</em> Rekt Capital explains. This scenario could significantly impact SUI’s short-term price action.</p>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/expert-draws-out-path-for-bitcoin-btc-and-altcoins-recovery-reveals-key-timelines/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Expert Draws Out Path for Bitcoin (BTC) and Altcoins Recovery: Reveals Key Timelines</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-conclusion-strong"><strong>Conclusion</strong></h2>
<p>Rekt Capital’s analysis of Chainlink and SUI provides the price trajectory of two notable crypto assets in the market. While LINK shows resilience in its macro uptrend despite recent pullbacks, SUI goes through a potentially new trading range.</p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/chainlinks-link-maintains-macro-uptrend-as-suis-price-faces-critical-0-97-level-expert-analysis/" rel="noopener noreferrer nofollow">Chainlink’s LINK Maintains Macro Uptrend as SUI’s Price Faces Critical $0.97 Level: Expert Analysis</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Chainlink’s LINK Maintains Macro Uptrend as SUI’s Price Faces Critical $0.97 Level: Expert Analysis

Table of Contents

CaptainAltcoin

Other articles published on Jul 12, 2024

Will the German Government’s 90% Bitcoin Sell-Off Affect BTC Price?

DEXs on Polkadot: Leveraging the Power of Substrate & Shared Security

What are Cryptopunks: All about the mainstream NFT collection

Bitcoin and Ethereum are now officially classified as commodities, says CFTC Chair

Bitcoin Faces Market Challenges as Prices Fluctuate

DAMN Good Fun: The Rise of the SolKiller Meme Coin on Shibarium

Join our free newsletter for daily crypto updates!