Štai kodėl prekybininkai imasi judėjimo grandinėje (NUORODA)

While Bitcoin has stayed steady over the last few weeks, traders have been putting their attention to altcoins. Oracle service provider Chainlink (LINK) has been recently the top choice for crypto traders in the market.

For a while, Chainlink has been trading in the range of $6-$8 which traders call an accumulation zone. On-chain data provider Santiment stated that as the social dominance of Chainlink spikes, traders have been making a move. As per Santimentas:

#Grandinės jungtisRinkos viršutinė riba penktadienį nukrito ~5%, o po to šoktelėjo kaip tik pasibaigus dienos prekybai (UTC laiku). Atsirado trys socialinio dominavimo šuoliai $ LINK, indicating traders were making moves. The latest occurred just as the price began rising again.

Mandagumas: „Santiment“

Analysts’ Take on Chainlink

Benjamin Cowen, the popular crypto analyst and founder of Into The Cryptoverse (ITC) stated Chainlink will outperform Bitcoin. He added that LINK is currently in the accumulation phase during the ongoing bear market and shall outperform once the bull market resumes.

Furthermore, the fundamental developments happening in the Chainlink ecosystem are of great importance. Chainlink has been the top choice for several projects to enable smart contracts and secure data sharing.

Recently, Chainlink partnered with the world’s largest interbank payments system SWIFT to provide price feeds for testing cross-chain applications. “Chainlink sort of acts as a backbone for a lot of cryptocurrencies,” said Cowen. He further pridėta:

“One of the reasons why I think it hasn’t done as well recently, obviously, is not necessarily because Chainlink isn’t a great project it’s more so just because of the overall market risk and the fact that we are in fact in a bear market, but I do think the fundamentals of Chainlink shine through a bit better in the bear market than they sometimes do in the bull market.”

Another popular trader DonAlt stated that LINK usually outperforms during the bear market. During his recent interviu, jis pridėjo:

If you think back in 2018, 2019, 2020, we had LINK outperform the entire market. LINK was going up, and I think that’s a good narrative to follow and it’s been outperforming in the last few weeks… I think LINK could have another run.

Bhushanas yra „FinTech“ entuziastas ir puikiai supranta finansų rinkas. Jo susidomėjimas ekonomika ir finansais atkreipia dėmesį į naujas besiformuojančias „Blockchain“ technologijos ir kriptovaliutų rinkas. Jis nuolatos mokosi ir nuolat motyvuoja dalintis įgytomis žiniomis. Laisvu laiku jis skaito trilerių fantastikos romanus ir kartais tyrinėja savo kulinarinius įgūdžius.

Pateiktame turinyje gali būti asmeninė autoriaus nuomonė ir jis priklauso nuo rinkos sąlygų. Prieš investuodami į kriptovaliutas, atlikite rinkos tyrimus. Autorius ar leidinys neprisiima jokios atsakomybės už jūsų asmeninius finansinius nuostolius.

Source: https://coingape.com/heres-why-traders-are-making-a-move-in-chainlink-link/