Chainlink is ranked at #21 slightly ahead of Cosmos in the market. The trading volume recorded stands at $137.186 million, while the supply still has 350,000,000 LINK tokens involved in circulation. The price shot up at a rate of 7.40% in the course of the past 24-hours. This brought LINK all the way up to $1.84 where it presently holds. The total market cap of Chainlink is $644.101 million.
#KyberDeFi Partner Spotlight – @chainlink @Smart_Contract ?
Win $2500 ??in LINK for Chainlink bounties! (total hackathon prize pool: $42k USD)https://t.co/H5XPuNFfH4
Register now ????https://t.co/P4yMqG6hYm
Online hackathon details????https://t.co/65c4z8uOUH
— Kyber Network (@KyberNetwork) September 16, 2019
According to the candlestick chart connected to the LINK/USDT pair on tradingview, this digital asset is being backed by bulls for now. LINK was briefly oversold on the 14th of September, and since then the daily RSI [for 14 periods] has climbed to reach 50.54. From 17th onwards, the Awesome Oscillator peaks all bear the green shade.
The MACD line began ascending above the signal line since 17th as well. Resistance may be felt near $1.9430 if the buyers don’t push it through and cause a break-out. Initial support can be found close to the $1.5144.
Welcome @chainlink to visit #Ontology! Had a fruitful talk with @SergeyNazarov, CEO of Chainlink, and the team and we look forward to seeing more cooperation in the US and beyond! $ONT $ONG #Chainlink pic.twitter.com/UVXDoMRgtv
— Ontology (@OntologyNetwork) September 19, 2019
Chainlink’s partnership with various other blockchain-based companies has transpired this year. In a recent interview, Sergey Nazarov [i.e. the CEO of Chainlink] stated that his initiative basically operates like a middleman that ultimately results in widespread adoption.
You all know that I don’t usually fall for hyping… but you’ll understand that we can be excited:
Evidence A) Staking around the corner (see tweet with pivotal tracker) Literally next week
Evidence B) What happens next week… ah yeah SIBOS 2019. GPI “link”. $LINK #chainlink pic.twitter.com/Y8vVf7qUXJ
— David Miller (@CryptoDavid_) September 18, 2019
About Post Author
Aditya Chatterjee
A specialist in comics and cryptocurrencies with an inclination towards DASH and Cardano. I have an innate desire to be a seasoned trader in the near future. Analyzing candlestick charts is a personal hobby.
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