CryptoNewsDaily - Your source for up-to-the-minute cryptocurrency news and analysis

Bitcoin (BTC) $ 98,317.00
Ethereum (ETH) $ 3,448.46
Tether (USDT) $ 1.00
XRP (XRP) $ 2.31
BNB (BNB) $ 678.30
Solana (SOL) $ 193.40
Dogecoin (DOGE) $ 0.336109
USDC (USDC) $ 1.00
Cardano (ADA) $ 0.960324
Lido Staked Ether (STETH) $ 3,442.18
TRON (TRX) $ 0.251565
Avalanche (AVAX) $ 40.60
Chainlink (LINK) $ 23.87
Wrapped stETH (WSTETH) $ 4,096.29
Toncoin (TON) $ 5.51
Sui (SUI) $ 4.76
Shiba Inu (SHIB) $ 0.000023
Wrapped Bitcoin (WBTC) $ 97,947.00
Polkadot (DOT) $ 7.46
Stellar (XLM) $ 0.376764
Hyperliquid (HYPE) $ 33.54
Hedera (HBAR) $ 0.268994
WETH (WETH) $ 3,446.97
Bitcoin Cash (BCH) $ 468.37
LEO Token (LEO) $ 9.29
Uniswap (UNI) $ 13.95
Pepe (PEPE) $ 0.000019
Litecoin (LTC) $ 104.00
Wrapped eETH (WEETH) $ 3,640.74
NEAR Protocol (NEAR) $ 5.40
Bitget Token (BGB) $ 4.35
Ethena USDe (USDE) $ 0.999964
Aptos (APT) $ 10.60
Internet Computer (ICP) $ 10.93
USDS (USDS) $ 1.00
Aave (AAVE) $ 321.95
Cronos (CRO) $ 0.167774
POL (ex-MATIC) (POL) $ 0.503467
Ethereum Classic (ETC) $ 27.45
Mantle (MNT) $ 1.22
Render (RENDER) $ 7.64
VeChain (VET) $ 0.048632
MANTRA (OM) $ 3.92
Bittensor (TAO) $ 486.19
Artificial Superintelligence Alliance (FET) $ 1.36
WhiteBIT Coin (WBT) $ 24.56
Monero (XMR) $ 192.23
Ethena (ENA) $ 1.18
Dai (DAI) $ 1.00
Arbitrum (ARB) $ 0.805089
Filecoin (FIL) $ 5.25
Kaspa (KAS) $ 0.125555
Fantom (FTM) $ 1.07
Algorand (ALGO) $ 0.355740
OKB (OKB) $ 46.22
Cosmos Hub (ATOM) $ 7.04
Virtuals Protocol (VIRTUAL) $ 2.69
Stacks (STX) $ 1.79
Ondo (ONDO) $ 1.82
Optimism (OP) $ 1.90
Bonk (BONK) $ 0.000033
Immutable (IMX) $ 1.46
Celestia (TIA) $ 5.38
Movement (MOVE) $ 1.03
Theta Network (THETA) $ 2.28
Injective (INJ) $ 22.31
dogwifhat (WIF) $ 2.16
The Graph (GRT) $ 0.223694
Binance-Peg WETH (WETH) $ 3,447.17
Coinbase Wrapped BTC (CBBTC) $ 98,306.00
Sei (SEI) $ 0.456728
Worldcoin (WLD) $ 2.37
Pudgy Penguins (PENGU) $ 0.030152
THORChain (RUNE) $ 5.35
Kelp DAO Restaked ETH (RSETH) $ 3,575.31
Rocket Pool ETH (RETH) $ 3,864.14
FLOKI (FLOKI) $ 0.000180
First Digital USD (FDUSD) $ 1.00
JasmyCoin (JASMY) $ 0.035741
Gate (GT) $ 13.25
GALA (GALA) $ 0.038615
Mantle Staked Ether (METH) $ 3,628.46
Lido DAO (LDO) $ 1.78
Flare (FLR) $ 0.028267
Tokenize Xchange (TKX) $ 18.96
Beam (BEAM) $ 0.028829
Lombard Staked BTC (LBTC) $ 98,358.00
Maker (MKR) $ 1,676.32
The Sandbox (SAND) $ 0.598545
Fasttoken (FTN) $ 3.33
Pyth Network (PYTH) $ 0.391628
Usual USD (USD0) $ 1.00
Tezos (XTZ) $ 1.36
NEXO (NEXO) $ 1.38
Kaia (KAIA) $ 0.235039
Solv Protocol SolvBTC (SOLVBTC) $ 98,154.00
Brett (BRETT) $ 0.137969
KuCoin (KCS) $ 11.32
Raydium (RAY) $ 4.63
EOS (EOS) $ 0.858389
Renzo Restaked ETH (EZETH) $ 3,544.12
Helium (HNT) $ 7.12
Binance Staked SOL (BNSOL) $ 197.50
Ethereum Name Service (ENS) $ 37.10
Jupiter (JUP) $ 0.886064
Aerodrome Finance (AERO) $ 1.65
Flow (FLOW) $ 0.754368
XDC Network (XDC) $ 0.078167
Starknet (STRK) $ 0.503550
Arweave (AR) $ 17.29
IOTA (IOTA) $ 0.315668
Bitcoin SV (BSV) $ 56.25
dYdX (DYDX) $ 1.57
AIOZ Network (AIOZ) $ 0.970331
Curve DAO (CRV) $ 0.872608
BitTorrent (BTT) $ 0.000001
Core (CORE) $ 1.15
Marinade Staked SOL (MSOL) $ 239.89
NEO (NEO) $ 14.83
Axie Infinity (AXS) $ 6.60
MultiversX (EGLD) $ 36.83
Polygon (MATIC) $ 0.503807
Decentraland (MANA) $ 0.505238
ether.fi Staked ETH (EETH) $ 3,456.56
Solv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 97,370.00
ApeCoin (APE) $ 1.23
Pendle (PENDLE) $ 5.37
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 97,759.00
Fartcoin (FARTCOIN) $ 0.877424
Zcash (ZEC) $ 54.16
Mog Coin (MOG) $ 0.000002
Eigenlayer (EIGEN) $ 4.04
Jito (JTO) $ 3.12
Chiliz (CHZ) $ 0.090762
Akash Network (AKT) $ 3.36
Conflux (CFX) $ 0.168883
Wormhole (W) $ 0.287337
Popcat (POPCAT) $ 0.811607
ai16z (AI16Z) $ 0.714683
L2 Standard Bridged WETH (Base) (WETH) $ 3,448.51
Mina Protocol (MINA) $ 0.646560
Jupiter Staked SOL (JUPSOL) $ 205.43
Compound (COMP) $ 85.30
USDD (USDD) $ 0.998743
Ronin (RON) $ 1.99
PancakeSwap (CAKE) $ 2.51
SuperVerse (SUPER) $ 1.64
SPX6900 (SPX) $ 0.794327
Synthetix Network (SNX) $ 2.15
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,449.39
eCash (XEC) $ 0.000037
Chia (XCH) $ 22.34
dYdX (ETHDYDX) $ 1.57
DOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.007015
Amp (AMP) $ 0.008289
Gnosis (GNO) $ 269.06
ZKsync (ZK) $ 0.188284
Binance-Peg Dogecoin (DOGE) $ 0.335534
Peanut the Squirrel (PNUT) $ 0.687211
Notcoin (NOT) $ 0.006708
Axelar (AXL) $ 0.782350
Ether.fi Staked BTC (EBTC) $ 97,489.00
CHEX Token (CHEX) $ 0.665588
LayerZero (ZRO) $ 5.94
Tether Gold (XAUT) $ 2,634.33
Frax (FRAX) $ 0.998619
Baby Doge Coin (BABYDOGE) $ 0.00000000
Mantle Restaked ETH (CMETH) $ 3,628.11
Reserve Rights (RSR) $ 0.011756
Terra Luna Classic (LUNC) $ 0.000114
Vana (VANA) $ 19.77
Coinbase Wrapped Staked ETH (CBETH) $ 3,730.36
Grass (GRASS) $ 2.55
Turbo (TURBO) $ 0.008836
Oasis (ROSE) $ 0.086797
cat in a dogs world (MEW) $ 0.006564
ORDI (ORDI) $ 27.77
Usual (USUAL) $ 1.25
Blur (BLUR) $ 0.278568
Super OETH (SUPEROETHB) $ 3,449.69
Safe (SAFE) $ 1.12
1inch (1INCH) $ 0.408416
Trust Wallet (TWT) $ 1.36
Echelon Prime (PRIME) $ 11.09
Creditcoin (CTC) $ 1.38
Goatseus Maximus (GOAT) $ 0.559956
Beldex (BDX) $ 0.077606
Livepeer (LPT) $ 14.58
Avalanche Bridged BTC (Avalanche) (BTC.B) $ 98,213.00
sUSDS (SUSDS) $ 1.02
PayPal USD (PYUSD) $ 1.00
Gigachad (GIGA) $ 0.054652
PAX Gold (PAXG) $ 2,631.50
APENFT (NFT) $ 0.00000053
Kusama (KSM) $ 32.82
Arkham (ARKM) $ 1.56
Nervos Network (CKB) $ 0.011426
pumpBTC (PUMPBTC) $ 97,458.00
Frax Ether (FRXETH) $ 3,446.56
Polygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,444.64

LINK/USD potential long opportunity as the price aims for $26.14 resistance

By admin On Фев 11, 2024

LINK/USD trading strategy

Buy/sell asset: Buy LINK/USD
Entry price: $18.64
Stop loss: $16.88
Leverage: 1x
Take profit 1: $20.50
Take profit 2: $23.50
Take profit 3: $26.14
Timeframe: 1-2 weeks
Maximum profit: 40%
Maximum loss: 9%

LINK/USD chart and technical analysis

Chainlink has been in a bullish trend for the last couple of months and the price has gained 64% since the last month. The price is making new higher highs and could reach the $26.14 resistance in the coming days and weeks. Yesterday the price broke above the previous high and will likely go for new highs after making a correction.

The price has formed long bullish candles with fair value gaps which indicates the price will retrace and fill those gaps before heading for new highs. The price is expected to retrace back to the $18.60 support level for a correction.

I am expecting the price will retest the $18.60 level and continue its journey towards the $26.14 resistance. The $18.60 is a key level as it is around the 0.786 Fibonacci level and there is also a bullish order block from where the price made the recent new high.

Chainlink fundamental analysis

Fundamentally, there are no significant events that could have a substantial impact on the price of Chainlink. However, the rising inflows into Bitcoin’s EFTs are improving the investor’s sentiments which will likely have a positive impact on the overall crypto market and altcoins.

Chainlink to US dollar trade idea takeaways

LINK/USD recently closed above the previous high of $19.70 level.
The price will possibly reach the $26.14 resistance level in the coming days.
Multiple take-profit levels have been added to secure profit along the way.
The risk-to-reward ratio on this trade is 1:4.2.
The entry and stoploss prices have been placed at secure levels with the least probability of getting hit.
Good luck!

The post LINK/USD potential long opportunity as the price aims for $26.14 resistance appeared first on Invezz

admin 8600 posts 0 comments

Prev Post

IOTA Issues Urgent Warning to Community; What to Know

Next Post

Attention: New Week Has Plenty of Economic Developments and Altcoin Events – Here’s a Day-by-Day, Hour-by-Hour Calendar

Leave A Reply