Chainlink

Daily

LINKUSD

<div class="insidebitcoins">
 <p>The Chainlink price prediction shows that LINK is currently changing hands at $16.6 as the market price swings to the upside.</p> 
 <h2 id="link-reaches-two-year-peak">LINK Reaches Two-Year Peak</h2> 
 <p>On Friday, the price of Chainlink (LINK) surged by over 17%, hitting its peak since January 2021. Significant movements of long-held coins partly drove this notable increase. Momentum indicators indicate a robust upward trend for Chainlink, which could persist with sustained positive sentiment.</p> 
 <h2 id="chainlink-prediction-statistics-data">Chainlink Prediction Statistics Data:</h2> 
 <ul> 
  <li>Chainlink price now – $16.6</li> 
  <li>Chainlink market cap – $10.3 billion</li> 
  <li>Chainlink circulating supply – 584 million</li> 
  <li>Chainlink total supply – 1 billion</li> 
  <li>Chainlink Coinmarketcap ranking – #11</li> 
 </ul> 
 <h2 id="link-usd-market">LINK/USD Market</h2> 
 <p>Key Levels:</p> 
 <p>Resistance levels: $19.0, $20.0, $21.0</p> 
 <p>Support levels: $13.0, $12.0, $11.0</p> 
 <figure id="attachment_477722" aria-describedby="caption-attachment-477722" style="width: 100%" class="wp-caption alignnone">
  <img decoding="async" class="wp-image-477722 size-full" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201374%20744'%3E%3C/svg%3E" alt="Chainlink Price Prediction for Today, February 3 – LINK Technical Analysis" width="1374" height="744" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/02/03/511a20e72017173961321a8930816e05.webp 1374w, https://cdn.thebittimes.com/images/2024/02/03/511a20e72017173961321a8930816e05.webp 300w, https://cdn.thebittimes.com/images/2024/02/03/511a20e72017173961321a8930816e05.webp 1024w, https://cdn.thebittimes.com/images/2024/02/03/511a20e72017173961321a8930816e05.webp 768w" data-lazy-sizes="(max-width: 1374px) 100vw, 1374px" data-lazy-src="https://cdn.thebittimes.com/images/2024/02/03/511a20e72017173961321a8930816e05.webp">
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   <img decoding="async" class="wp-image-477722 size-full" src="https://cdn.thebittimes.com/images/2024/02/03/511a20e72017173961321a8930816e05.webp" alt="Chainlink Price Prediction for Today, February 3 – LINK Technical Analysis" width="1374" height="744" srcset="https://cdn.thebittimes.com/images/2024/02/03/511a20e72017173961321a8930816e05.webp 1374w, https://cdn.thebittimes.com/images/2024/02/03/511a20e72017173961321a8930816e05.webp 300w, https://cdn.thebittimes.com/images/2024/02/03/511a20e72017173961321a8930816e05.webp 1024w, https://cdn.thebittimes.com/images/2024/02/03/511a20e72017173961321a8930816e05.webp 768w" sizes="(max-width: 1374px) 100vw, 1374px">
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  <figcaption id="caption-attachment-477722" class="wp-caption-text">
   LINKUSD – Daily Chart
  </figcaption>
 </figure> 
 <p>LINK/USD is keeping the upward movement as its price moves toward the upper boundary of the channel with a gain of over 7.77%. At the time of writing, the Chainlink (LINK) bulls remain above the 9-day and 21-day moving averages and capped to the upside at $16.6.</p> 
 <h2 id="chainlink-price-prediction-chainlink-link-could-spike-more">Chainlink Price Prediction: Chainlink (LINK) Could Spike More</h2> 
 <p>The Chainlink (LINK) price keeps hovering above the 9-day and 21-day moving averages, but the bullish rally failed to materialize above the $16.9 level. Meanwhile, a break above the channel may provoke a bull run to hit the resistance levels of $19.0, $20.0, and $21.0 respectively.</p> 
 <p>The daily chart reveals that LINK/USD may tend to move higher as the 9-day moving average moves to cross above the 21-day moving average. On the contrary, if the buyers failed to keep the coin on the upside, it could slide toward the lower boundary of the channel to reach the support levels of $13.0, $12.0, and $11.0.</p> 
 <h2 id="link-btc-surges-bullishly">LINK/BTC Surges Bullishly</h2> 
 <p>Against Bitcoin, the Chainlink price is likely to cross above the upper boundary of the channel in other to reach the nearest resistance at 4000 SAT. Unless this coin crosses above the channel and the price ends up closing above it, there might not be any reason to expect a bullish continuation.</p> 
 <figure id="attachment_477721" aria-describedby="caption-attachment-477721" style="width: 100%" class="wp-caption alignnone">
  <img decoding="async" class="wp-image-477721 size-full" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201374%20744'%3E%3C/svg%3E" alt="Chainlink Price Prediction for Today, February 3 – LINK Technical Analysis" width="1374" height="744" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/02/03/fd34adc7191e9f197b0ac76f2f14c381.webp 1374w, https://cdn.thebittimes.com/images/2024/02/03/fd34adc7191e9f197b0ac76f2f14c381.webp 300w, https://cdn.thebittimes.com/images/2024/02/03/fd34adc7191e9f197b0ac76f2f14c381.webp 1024w, https://cdn.thebittimes.com/images/2024/02/03/fd34adc7191e9f197b0ac76f2f14c381.webp 768w" data-lazy-sizes="(max-width: 1374px) 100vw, 1374px" data-lazy-src="https://cdn.thebittimes.com/images/2024/02/03/fd34adc7191e9f197b0ac76f2f14c381.webp">
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   <img decoding="async" class="wp-image-477721 size-full" src="https://cdn.thebittimes.com/images/2024/02/03/fd34adc7191e9f197b0ac76f2f14c381.webp" alt="Chainlink Price Prediction for Today, February 3 – LINK Technical Analysis" width="1374" height="744" srcset="https://cdn.thebittimes.com/images/2024/02/03/fd34adc7191e9f197b0ac76f2f14c381.webp 1374w, https://cdn.thebittimes.com/images/2024/02/03/fd34adc7191e9f197b0ac76f2f14c381.webp 300w, https://cdn.thebittimes.com/images/2024/02/03/fd34adc7191e9f197b0ac76f2f14c381.webp 1024w, https://cdn.thebittimes.com/images/2024/02/03/fd34adc7191e9f197b0ac76f2f14c381.webp 768w" sizes="(max-width: 1374px) 100vw, 1374px">
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  <figcaption id="caption-attachment-477721" class="wp-caption-text">
   LINKBTC – Daily Chart
  </figcaption>
 </figure> 
 <p>Nonetheless, any bearish movement below the nearest support level of $3607 could refresh lows below the 9-day and 21-day moving averages, and a possible bearish continuation may likely meet the major support at 3100 and below. Whereas, if the bulls increase the pressure, LINK/BTC may cross above the channel to hit the resistance at 4500 SAT and above. Meanwhile, the 9-day MA is likely to cross above the 21-day to increase the bullish movement.</p> 
 <p>Based on insights from @Neuro__Invest, utilizing data from @santimentfeed on X (formerly Twitter), indicates a growing sentiment as the price of $LINK approaches key areas with substantial token holdings. This suggests a potential price target to surpass soon.</p> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
  <p lang="en" dir="ltr">$link sentiment continue to grow as price moves into key area where a substantial number of $LINK tokens are held across addresses, indicating a potential target for the price to reach or surpass​<br>👀</p> 
  <p>Data by @santimentfeed pic.twitter.com/jOyfPdYJ42</p> 
  <p>— NeuroInvest Research (@Neuro__Invest) February 2, 2024</p>
 </blockquote> 
 <p></p> 
 <h2 id="alternatives-to-chainlink">Alternatives to Chainlink</h2> 
 <p>The Chainlink price maintains stability above its 9-day and 21-day moving averages, aiming to break the $16.9 resistance for potential upward movement. However, despite the Chainlink $10.3 billion market cap, concerns about scalability arise. Meanwhile, investors are turning to Bitcoin Minetrix (BTCMTX), an alternative Bitcoin, with almost $10.2 million in the presale phase, enticing traders to explore new investment options.</p> 
 <p>Bitcoin Minetrix ICO Raises $10M – Is This the Next Crypto with 10X Potential?</p> 
 <p></p>
 <div class="rll-youtube-player" data-src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/Q3LtZHfZN_w" data-id="Q3LtZHfZN_w" data-query="start=1&amp;feature=oembed" data-alt="Bitcoin Minetrix ICO Hits $10M - Next 10X Potential Crypto?!"></div>
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 <p></p> 
 <p>Bitcoin Minetrix has the potential to attract a considerable user base, contributing to Bitcoin’s hashing power and enhancing its security measures. Another advantage of Bitcoin Minetrix mining is its environmentally friendly approach compared to traditional Bitcoin mining methods. This aspect is particularly crucial considering the prevalent environmental issues associated with Bitcoin.</p> 
 <p>You can start reaping the benefits of Bitcoin Minetrix today!</p> 
 <h2 id="related-news">Related News</h2> 
 <ul> 
  <li>Chainlink Price Prediction: Can LINK Hit $10 While Oracle Solutions Gain Traction?</li> 
  <li>How To Buy Bitcoin Minetrix – BTCMTX Presale 2024 Review</li> 
 </ul> 
 <p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/chainlink-price-prediction-for-today-february-3-link-technical-analysis-tbt78750.html">https://thebittimes.com/chainlink-price-prediction-for-today-february-3-link-technical-analysis-tbt78750.html</a></p>
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Chainlink Price Prediction for Today, February 3 – LINK Technical Analysis

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