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Chainlink Price Could Crash 30% To $15 — Here’s How

NewsBTC LogoNewsBTC1d ago

Chainlink Price Could Crash 30% To $15 — Here’s How - NewsBTC

Quick Summary:

Related Reading: Ethereum On The Cusp Of Major Breakout In Q1 2025, Altcoins Expected To Follow Suit The rationale behind this prediction is the formation of a head and shoulders pattern on the 4-hour chart of the Chainlink price.  A head and shoulders pattern is a chart formation used in technical analysis characterized by three price peaks, where the outside two (shoulders) are similar in height, and the middle (head) is highest.

This Chart Pattern Suggests Chainlink Price Could Drop 30% In a new video on the X platform, crypto analyst Ali Martinez put forward an interesting bearish prediction for the price of Chainlink.

Related Reading: Bitcoin Price Retests Support Line After Crash Below $95,000, Here’s The Next Target According to data from Santiment, whales acquired more than 2.7 million LINK tokens (equivalent approximately to $57 million) in the past two days.

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Article Details

Author / Journalist: Opeyemi Sule

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-28 @ 18:30:46 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 383 words

Reading Time: 3 minutes read

Sentences: 62 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 24716217

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

Publisher Details

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  • URL: https://beamstart.com/news/chainlink-price-could-crash-30-17354133222917

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