Chainlink(link)market reviews and price predictions
Chainlink market statement for 2023-05-26
Yesterday the price of link stood at $6.35. The market capitalization of the asset was $3 244 591 938. Chainlink’s volatility was established at 1.11%. The trading volume of the coin reached $120 478 652.
Chainlink prognosis for the next days:
We estimate the price of Chainlink to be $6.3 tomorrow 2023-06-03 and $6.48 on 2023-06-09;
We estimate the market capitalization of Chainlink to reach $3 368 093 177 tomorrow 2023-06-03 and $3 331 474 889 on 2023-06-05;
We estimate the volatility of Chainlink to become 0.91% tomorrow 2023-06-03 and 1.08% on 2023-06-05;
We estimate the trading volume of Chainlink to amount to $86 715 880 tomorrow 2023-06-03 and $107 674 125 on 2023-06-05.
Our recommendation for the pair LINK/USD for tomorrow, 2023-06-03, to buy.
Bearish response: The Chainlink price melts by 2% between May 20 and May 26.
The bearish behavior of Chainlink last week was characterized by the occurrence of downswings. The volatility of LINK has been low 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 falling. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Chainlink retraces by 3% in the period May 19 - May 25 as the market turns slightly bearish.
Chainlink has been bearish 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 low volatility. The asset saw its market capitalization falling over the reviewed period together with its price. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Down by 3% : The Chainlink market saw some bearish action last week (May 19 - May 25).
The price of Chainlink was falling last from May 19 until May 25, giving enough reason to conclude that the market is bearish. The situation on the LINK market shows that the underlying asset is currently experiencing a period of low volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Chainlink slid down by 3% last week (May 19 - May 25) as the sellers pushed back.
The analysis of last week’s price action shows that the Chainlink market is in the bearish phase since the price has been moving downward. LINK has been going through a period of low volatility, which fell in line with the occurred price changes. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Down by 3% : The Chainlink market saw some bearish action last week (May 19 - May 25).
The price of Chainlink was falling last from May 19 until May 25, giving enough reason to conclude that the market is bearish. The situation on the LINK market shows that the underlying asset is currently experiencing a period of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
May 19 - May 25 market wrap: Chainlink had a slight 3% drop.
Chainlink has been bearish last week as its price has been predominantly falling. The volatility associated with the LINK market was low, as were its price fluctuations. 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.
Chainlink slid down by 2% last week (May 18 - May 24) as the sellers pushed back.
Between May 18 - May 24, Chainlink has been mostly bearish as its price has been in the falling mode. The situation on the LINK market shows that the underlying asset is currently experiencing a period of low volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
May 15 - May 21 market wrap: Chainlink had a slight 3% drop.
Between May 15 - May 21, Chainlink has been mostly bearish as its price has been in the falling mode. LINK has been going through a period of low 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 trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
May 15 - May 21 market wrap: Chainlink had a slight 3% drop.
The bearish behavior of Chainlink last week was characterized by the occurrence of downswings. The volatility of LINK has been low throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization falling over the reviewed period together with its price. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
Chainlink market stayed flat from May 14 - May 20.
Chainlink portrayed neutral behavior last week, with no changes in the price. LINK has been going through a period of low volatility, which fell in line with the occurred price changes. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.