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Price Analysis

Chainlink Price Analysis: Right Time to Invest in LINK?

Chainlink Price Analysis:

Chainlink (LINK) is a Blockchain based technology aiming to act as a bridge between smart contracts of cryptocurrency and other off-side feeds and centralized bank accounts.

Chainlink (LINK) is a token working through platform of Ethereum (ETH). Chainlink (LINK) Price Analysis will let you know about the current status and about forecast prediction of token.

Chainlink News:

Chainlink (LINK) announced on June 26, 2019, they are going work with a great company Oracle, through their twitter account:

We’re thrilled to work with great companies like Oracle and their @Oraclestartup team, which has graciously offered to support 50+Chainlink nodes/teams that will be providing high-quality inputs and outputs into Oracle’s various Blockchain environments @fribeiro1 #smartcontracts.

 

Recently, Potluck App designed dashboard for Chainlink (LINK) where all data of Chainlink Token is published with the latest news about token.

Chainlink Statistics:

  • The total market cap of Chainlink (LINK) is $1,197,740,469 USD, 101,705 BTC and 4,047,032 ETH.
  • The 24 hour volume is $209,876,485 USD, 17,821 BTC and 709,149 ETH.
  • The total circulating supply of LINK is 350,000,000 LINK.
  • Chainlink (LINK) rank on Coin Market Cap is #17.

Price of Chainlink (LINK):

Chainlink price value is $3.42 USD, 0.00029058 BTC and 0.01156295 ETH.

Chainlink Comparison:

The price value of Chainlink is changing in a very sensitive way continuously from last whole week. The price value of token on 28 June was $2.25 which became $3.67 on 29 June.

📰 Also read:  Bitcoin Price Reacts to Halving Day Expectations

The change in value continued with $3.01 on 1 July. The price value of Chainlink at the time of writing is $3.42.

Source: CoinGecko.com

Chainlink Price Prediction:

The price value of Chainlink is expected to be increase over the next coming months. It is a good time to invest in Chainlink (LINK) because prediction of price is in positive direction. There are strong signals of increasing price of token in coming months and years.

Source: Walletinvestor.com

  • The respective resistance levels are $3.960, $3.874 and $3.703.
  • The respective support levels are $3.445, $3.359 and $3.188.

Conclusion:

If you are looking for good investment in any altcoin or token, you can select this token which is issued through Ethereum, a top rating coin “Coin Market Cap”.

  • Please feel free to share your prediction about price value of Chainlink token. We will consider your point of view. It will motivate us to inform you with price analysis of different coins.
  • If you want from us to give a detailed analysis of any coin or token, please leave a comment in comment box.
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📰 Also read:  Ripple CEO Predicts $5 Trillion Market Valuation By Year-End

Cypher

Leah Hutton (Luxembourg)

Leah Hutton has recently joined Tokenhell team as a freelance writer. She has comprehensive knowledge of blockchain and various cryptocurrencies.

One Comment

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