Chainlink(link)market reviews and price predictions

Chainlink market statement for 2022-10-03

Yesterday the price of link stood at $7.25. The market capitalization of the asset was $3 524 589 539. Chainlink’s volatility was established at 0.82%. The trading volume of the coin reached $323 132 721.

Chainlink prognosis for the next days:

We estimate the price of Chainlink to be $7.6 tomorrow 2022-10-08 and $7.54 on 2022-10-14;

We estimate the market capitalization of Chainlink to reach $3 925 929 657 tomorrow 2022-10-08 and $3 788 694 435 on 2022-10-10;

We estimate the volatility of Chainlink to become 1.89% tomorrow 2022-10-08 and 1.76% on 2022-10-10;

We estimate the trading volume of Chainlink to amount to $817 455 709 tomorrow 2022-10-08 and $622 618 932 on 2022-10-10.

Our recommendation for the pair LINK/USD for tomorrow, 2022-10-08, to buy.

Chainlink(link)week price prediction
3%
Price
Volatility
Capitalization
Volume
Sep 04Sep 11Sep 18Sep 25Oct 02Oct 09Sep 04Sep 11Sep 18Sep 25Oct 02Oct 096.87.07.27.47.67.88.06.87.07.27.47.67.88.0
Today's review

Bearish price action on September 27 to October 3 resulted in Chainlink by 7%.

The behavior of Chainlink last week was characterized by the occurrence of downswings. The volatility associated with the LINK market was low, as were its price fluctuations. The market capitalization of the asset has been decreasing in concert with the price of the coin. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

Latest reviews

September 26 - October 2 price action review: Chainlink goes down by 7%.

The analysis of last week’s price action shows that the Chainlink market is in the phase since the price has been moving downward. The volatility of LINK has been low throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

The bulls muster more strength as Chainlink rises by 11% from September 23 to September 29.

The bullish behavior of Chainlink last week was characterized by the occurrence of upswings. LINK has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.

Chainlink analysis September 17 - September 23 : bears in all-out attack as the price collapses by 12%.

Chainlink has been last week as its price has been predominantly falling. The situation on the LINK market shows that the underlying asset is currently experiencing a period of medium volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

Bearish price action on September 16 to September 22 resulted in Chainlink by 8%.

The behavior of Chainlink last week was characterized by the occurrence of downswings. LINK has been going through a period of low volatility, which fell in line with the occurred price changes. There has been a fall in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

Down by 5% : The Chainlink market saw some bearish action last week (September 10 - September 16).

Between September 10 - September 16, Chainlink has been mostly as its price has been in the falling mode. LINK has been going through a period of medium volatility, which fell in line with the occurred price changes. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

Bearish response: The Chainlink price melts by 5% between September 9 and September 15.

Between September 9 - September 15, Chainlink has been mostly as its price has been in the falling mode. LINK has been going through a period of medium volatility, which fell in line with the occurred price changes. The asset saw its market capitalization growing over the reviewed period together with its price. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

Buyers weakened their grip on the Chainlink market (September 7 - September 13) as the price rose only by 4%.

Between September 7 - September 13, Chainlink has been mostly as its price has been in the rising mode. The volatility of LINK has been medium throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the growth of market capitalization. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

September 6 - September 12 market watch: Chainlink goes up by 15% as buying pressure persists.

The behavior of Chainlink last week was characterized by the occurrence of upswings. The volatility of LINK has been medium throughout the reviewed period in correspondence with the price action. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

Market analysis September 4 - September 10 : Chainlink posts a 11% rally.

Chainlink has been last week as its price has been predominantly rising. LINK was caught in a period of medium volatility, which was reflected in its price action. There has been a rise in the market capitalization of the asset during the period under review. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.

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