Chainlink Price Set for Upswing as Adoption Expands Across 12 Blockchains

Quick Summary:

Similar momentum was showcased in most major altcoins as the weekend sell-off eased, and the Bitcoin price was heading to regain the $60000 mark.

Chainlink price started the new week on a bullish note, jumping 6% to $10.6 during the Asian trading hours.

A sharp rebound from the Relative Strength Index (RSI) from an oversold region to 41% accentuates the presence of high demand pressure at a discounted price.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: IndiaEl Salvador

Topics: Price Analysis LINK Chainlink price analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-12 @ 12:38:41 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 401 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 22032668

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 19 posts per day

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Headquarters: India

News Last Updated: 9 hours ago

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