Chainlink Price Analysis – 22nd December 2021
Chainlink Price Analysis - 22nd December 2021
Chainlink Price Analysis – 19th March 2021
Chainlink Price Analysis - 19th March 2021
ChainLink Price Analysis – Active addresses and google trends return to all-time highs
Monthly active addresses have increase increased 2.5x since late October, while the USD market price has increased 3.3x. This continued and sustained increase should be seen as a bullish indicator for price.
Chainlink building on breakout 2020 success
After rising 540% during 2020, the LINK price is already up 86% since the start of 2021. So what are the fundamentals and metrics behind the growth of crypto’s number one oracle network?
ChainLink Price Analysis – On-chain metrics and Google Trends near all-time highs
On-chain metrics for the LINK token, Github dev activity, and Google Trends previously showed a strong or continuous uptick in activity in early 2020, which supported the bullish rally and continuous bullish price trend. Over the past few weeks, all of these metrics have once again risen substantially.
ChainLink Price Analysis – On-chain metrics decline as bull rally diminishes
On-chain metrics for the LINK token, Github dev activity, and Google Trends had previously shown a strong or continuous uptick in activity over the past year, which supported the bullish rally and continuous bullish price trend.
ChainLink Price Analysis – On-chain metrics support the current bullish trend
Technicals for the LINK/USD have remained in bullish territory since the March drop, with the LINK price now holding above the 200-day EMA and just below the daily Cloud.
ChainLink Price Analysis – On-chain metrics strong as oracle use increases
LINK run oracles have quickly become a mainstay of the DeFi universe. However, the flurry of on-chain activity is likely related to speculative demand and not necessarily organic use of the network.
ChainLink Price Analysis – Price and on-chain metrics spike to record highs
On-chain metrics for the LINK token, Github dev activity, and Google Trends all show a strong or continuous uptick in activity over the past several months, which supports the recent bullish rallies and continuous bullish price trend.
Chainlink acquires DECO from Cornell University
Chainlink continues its infrastructure build-out by acquiring new technology for utilizing HTTPS/TLS developed at Cornell University.
ChainLink Price Analysis – Strong fundamental metrics support price gains
On-chain metrics for the LINK token, Github dev activity, and Google Trends all show a strong or continuous uptick in activity over the past several months, which supports the recent bullish rallies and continuous bullish price trend.
