Arbitrum

Optimism

Chainlink

View

<div class="watcher-guru"> 
 <p>Chainlink is continuing its bearish pattern, which began on Aug. 8. The token was recently rejected at its resistance of $7.68 and continues to have support at $7.11. There is a possibility that LINK could test the $8 range if it can break out of its current resistance. The token could also test a yearly high of $8.5 if it is able to continue on its bullish path. LINK is currently up by 4.7% over the previous week, compared to Bitcoin’s (BTC) 1.2% growth in the same time frame.</p> 
 <p><strong>Also Read: Chainlink Eyes Major Bullish Breakout: May Test $8.43 Again</strong></p> 
 <p>Additionally, LINK has formed a demand zone on the 15-minute and 1-hour charts. It has also seen some aggressive price action, which could mean more bullish strides are incoming.</p> 
 <div class="quads-location quads-ad33739 " id="quads-ad33739" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="publift-ad add"> 
   <div data-fuse="22560828227"></div> 
  </div> 
 </div> 
 <figure class="wp-block-image size-large"> 
  <img decoding="async" width="1024" height="470" src="https://cdn.thebittimes.com/images/2023/08/14/dc5002007480e4874ab0198bf776d613.webp" alt="" class="wp-image-106778" srcset="https://cdn.thebittimes.com/images/2023/08/14/dc5002007480e4874ab0198bf776d613.webp 1024w, https://cdn.thebittimes.com/images/2023/08/14/dc5002007480e4874ab0198bf776d613.webp 300w, https://cdn.thebittimes.com/images/2023/08/14/dc5002007480e4874ab0198bf776d613.webp 768w, https://cdn.thebittimes.com/images/2023/08/14/dc5002007480e4874ab0198bf776d613.webp 1536w, https://cdn.thebittimes.com/images/2023/08/14/dc5002007480e4874ab0198bf776d613.webp 380w, https://cdn.thebittimes.com/images/2023/08/14/dc5002007480e4874ab0198bf776d613.webp 550w, https://cdn.thebittimes.com/images/2023/08/14/dc5002007480e4874ab0198bf776d613.webp 800w, https://cdn.thebittimes.com/images/2023/08/14/dc5002007480e4874ab0198bf776d613.webp 1160w, https://cdn.thebittimes.com/images/2023/08/14/dc5002007480e4874ab0198bf776d613.webp 1793w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: LINK/USDT Chart by Trading View 
  </figcaption> 
 </figure> 
 <div class="quads-location quads-ad15192 " id="quads-ad15192" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div id="primisContainer" class="add"></div> 
 </div> 
 <p>Chain<a rel="noopener noreferrer nofollow" title="LINK" href="https://thebittimes.com/tag/link.html">LINK</a>’s (<a rel="noopener noreferrer nofollow" title="LINK" href="https://thebittimes.com/tag/link.html">LINK</a>) Fibonacci Retracement points to the token bouncing back up from current levels, which it seems to be doing. However, there is also a chance of consolidation as there is enough volume for the token to hold its current price. Moreover, the RSI (Relative Strength Index) currently sits at 52.26, meaning that it is neither oversold nor overbought.</p> 
 <figure class="wp-block-image size-large"> 
  <img decoding="async" width="1024" height="555" src="https://cdn.thebittimes.com/images/2023/08/14/2415142fbacd81d9c3c7f9c17cdea96a.webp" alt="" class="wp-image-106777" srcset="https://cdn.thebittimes.com/images/2023/08/14/2415142fbacd81d9c3c7f9c17cdea96a.webp 1024w, https://cdn.thebittimes.com/images/2023/08/14/2415142fbacd81d9c3c7f9c17cdea96a.webp 300w, https://cdn.thebittimes.com/images/2023/08/14/2415142fbacd81d9c3c7f9c17cdea96a.webp 768w, https://cdn.thebittimes.com/images/2023/08/14/2415142fbacd81d9c3c7f9c17cdea96a.webp 1536w, https://cdn.thebittimes.com/images/2023/08/14/2415142fbacd81d9c3c7f9c17cdea96a.webp 380w, https://cdn.thebittimes.com/images/2023/08/14/2415142fbacd81d9c3c7f9c17cdea96a.webp 550w, https://cdn.thebittimes.com/images/2023/08/14/2415142fbacd81d9c3c7f9c17cdea96a.webp 800w, https://cdn.thebittimes.com/images/2023/08/14/2415142fbacd81d9c3c7f9c17cdea96a.webp 1160w, https://cdn.thebittimes.com/images/2023/08/14/2415142fbacd81d9c3c7f9c17cdea96a.webp 1920w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: LINK/USDT Chart by Trading View 
  </figcaption> 
 </figure> 
 <h3 class="wp-block-heading" id="h-chainlink-unveils-new-integrations">Chainlink unveils new integrations</h3> 
 <figure class="wp-block-image size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="576" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="" class="wp-image-77855 ewww_webp" sizes="(max-width: 1024px) 100vw, 1024px" data-src-img="https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp" data-src-webp="https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp.webp 1024w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp.webp 300w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp.webp 768w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp.webp 1536w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp.webp 380w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp.webp 550w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp.webp 800w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp.webp 1160w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp.webp 1920w" data-srcset-img="https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 1024w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 300w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 768w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 1536w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 380w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 550w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 800w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 1160w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 1920w" data-eio="j"> 
  <noscript> 
   <img decoding="async" loading="lazy" width="1024" height="576" src="https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp" alt="" class="wp-image-77855" srcset="https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 1024w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 300w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 768w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 1536w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 380w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 550w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 800w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 1160w, https://cdn.thebittimes.com/images/2023/08/14/5573edeafb16e095062fcbb18d71aab6.webp 1920w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  </noscript> 
  <figcaption class="wp-element-caption">
    Source: NewsBTC 
  </figcaption> 
 </figure> 
 <p>LINK’s bullish momentum could be further supported by the revelation of 12 integrations of three Chainlink services across seven different blockchains. The networks include Arbitrum (ARB), Avax (AVAX), Coinbase (BASE), Binance’s BNB Chain (BNB), Ethereum (ETH), Optimism (OP), and Polygon (MATIC).</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">⬡ Chain<a rel="noopener noreferrer nofollow" title="LINK" href="https://thebittimes.com/tag/link.html">LINK</a> Adoption Update ⬡ <br><br>There were 12 integrations of 3 #Chain<a rel="noopener noreferrer nofollow" title="LINK" href="https://thebittimes.com/tag/link.html">LINK</a> services across 7 different blockchains: @arbitrum, @avax, @BuildOnBase, @BNBCHAIN, @ethereum, @optimismFND, and @0xPolygon.<br><br>New integrations include @ApeironNFT, @BansheesNFT_, @BuildOnBase, @box_trad,… pic.twitter.com/aqSl1XhrTd</p>— Chainlink (@chainlink) August 13, 2023 
   </blockquote> 
  </div> 
 </figure> 
 <p>Chain<a rel="noopener noreferrer nofollow" title="LINK" href="https://thebittimes.com/tag/link.html">LINK</a> (<a rel="noopener noreferrer nofollow" title="LINK" href="https://thebittimes.com/tag/link.html">LINK</a>) is one of the most development-heavy projects in the crypto space, and the new integrations are a testament to its growing ecosystem. Developmental activity is a solid metric to consider while scanning for a worthy project. It indicated that the project has its eyes on the future and is making moves to innovate for more use cases, thereby increasing demand.</p> 
 <p><strong>Also Read: Chainlink Emerges as 5th Most Developed Crypto Protocol</strong></p> 
 <div class="quads-location quads-ad33742 " id="quads-ad33742" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="publift-ad add"> 
   <div data-fuse="22560828233"></div> 
  </div> 
 </div> 
</div> 
<div class="cs-entry__tags"> 
 <ul> 
  <li>chainlink</li> 
  <li>LINK</li> 
 </ul> 
</div>

Chainlink Continues Bullish Pattern Amid 12 New Integrations

Spis treści

TheBitTimes

Inne artykuły opublikowane 14 sie 2023

Redefining Trading Dynamics: Unpacking Web3 Derivatives vs. Spot

BTC Price Forecast: Bitcoin to Hit the $20K Levels This Year, Predicts Gareth Soloway

BNB Chain Updates to Combat Compatibility Issues with EVM Chains

How Far Can Shiba Inu Go? The Truth About the $1 Dream

Digital Asset Funds Saw $29M in Net Inflows Last Week as Investors Bet on Bitcoin

According to Santiment Data, the Number of Whales in This Altcoin Has Reached Record Level!

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!