NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: WLFI Price Dips 7% As Eric Trump Leaves World Liberty Treasury Company ALT5 Sigma
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: WLFI Price Dips 7% As Eric Trump Leaves World Liberty Treasury Company ALT5 Sigma

Chainlink Bulls May Target $19.00 as Long as They Hold One Key Level

Cole Petersen
Cole Petersen
1 year ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Chainlink has been flashing some signs of strength throughout the past few days and weeks, with the cryptocurrency’s securing a relatively strong foothold above the $17.00 region following its latest surge.

It has established the upper-$17.00 region as resistance, as a rally up to this area earlier today was followed by a strong rejection that sent the crypto plunging to lows of $16.50.

Bulls are now ardently defending against a dip below the $17.00 region, as a confirmation of this level as support may provide it with enough momentum to rally higher in the coming few days.

While speaking about the importance of this level, one analyst explained that as long as bulls guard against a dip below this level in the coming few hours, LINK could be well-positioned to rally as high as $19.00.

That being said, the same analyst also notes that a dip below this level could lead it to slide down towards $15.00 in the near-term.

Chainlink Struggles to Hold Above $17.00 Following Rejection at $18.00

At the time of writing, Chainlink is trading up just over 4% at its current price of $17.10. This is around where it has been trading for the past few days, as buyers have been ardently attempting to flip it into support.

In the near-term, whether or not this level can be flipped into support will likely be the sole factor that determines where it trends in the days and weeks ahead.

A failure for it to continue trading above this level could lead it significantly lower in the near-term.

It is important to note that LINK is still trading well-above where it was at just three days ago when it was trading at $14.00.

Analyst: LINK Could Soon Surge to $19.00 if Bulls Can Guard Against Further Downside 

While speaking about the importance of $17.00, one trader explained that Chainlink’s reaction to this level should have significant implications for where it trends next.

He notes that while a defense of this level could catalyze a movement up towards $19.00, a sustained decline beneath it could lead the crypto down toward $15.00.

“This one doesn’t care and tries to break further up. As long as $17 holds, I think we’ll be able to reach $19. Losing $17 and I’ll aim $15.”

Chainlink LINK

Image Courtesy of Crypto Michael. Chart via TradingView.

Where Chainlink trends in the coming few hours and days will likely depend largely on whether or not the aggregated crypto market maintains its strength.

Featured image from Unsplash.
Charts from TradingView.
Tweet123Share196ShareSend
Cole Petersen
Cole Petersen

Cole Petersen

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin Ranch in Missouri

A Bitcoin farm in Missouri is cooking up a rare stew: ranching, Bitcoin, and a freedom-driven community. At the center...

Vesa 5 hours ago
Ethereum Network Activity Heats Up As Fees Hit $1.4M In 24H

Ethereum Network Activity Heats Up As Fees Hit $1.4M In 24H

Ethereum has recently come under selling pressure, pausing the relentless bullish momentum that earlier this year pushed ETH to fresh...

Sebastian Villafuerte 6 hours ago
仮想通貨おすすめ:XRP調整局面で新興BTCレイヤー2が注目集める

XRP Influencer Addresses Rumors Of Apple’s $1.5 Billion Buy, What’s The Truth?

Rumors linking Apple to a massive XRP purchase are circulating rapidly through the cryptocurrency community. A post on X claims...

Sandra White 8 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

ripple xrp xrpusd (2)

Ripple Quietly Shifts 15M XRP Post-SEC Win: Whales React as Price Slips

James Halver 1 hour ago
avalanche avax avaxusd

Avalanche (AVAX) Bulls Target $30 Breakout as Toyota Partnership Fuels Momentum

James Halver 3 hours ago
solana-explose-objectif-250-dollars

Solana explose : objectif 250 $ en vue ?

guillaumev 5 hours ago

Premium Sponsors

Press Releases

  • Първата meme монета с модел „Mine-to-Earn“ PepeNode събра $900K в пресейл – остават 7 часа до края на финансирането

    Първата meme монета с модел...

    5 hours ago
  • Zamień 300 $ na 30 000 $ dzięki tym 3 monetom, które osiągną 10 $ przed Ripple (XRP) i Cardano (ADA)

    Zamień 300 $ na 30 000 $ dzięki tym 3 monetom, które...

    6 hours ago
  • Zamień 300 $ na 30 000 $ dzięki tym 3 monetom, które osiągną 10 $ przed Ripple (XRP) i Cardano (ADA)

    Zamień 300 $ na 30 000 $ dzięki tym 3 monetom, które...

    6 hours ago
  • Primul Meme Coin „Mine-to-Earn” PepeNode strânge 4,2 milioane RON în presale – 7 ore rămase în etapa de finanțare

    Primul Meme Coin „Mine-to-Earn” PepeNode strânge 4,2...

    7 hours ago
  • Achizițiile instituționale de Bitcoin se usucă, în timp ce cel mai rapid Layer-2 pe Bitcoin, Bitcoin Hyper (HYPER), atinge 67,7 milioane RON în presale

    Achizițiile instituționale de Bitcoin se usucă, în timp...

    7 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.