{"id":562591,"date":"2020-07-14T18:33:10","date_gmt":"2020-07-14T16:33:10","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=562591"},"modified":"2020-07-14T19:03:13","modified_gmt":"2020-07-14T17:03:13","slug":"crypto-traders-see-chainlink-link-hitting-10-before-btc-hits-10k-cy","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/crypto-traders-see-chainlink-link-hitting-10-before-btc-hits-10k-cy\/","title":{"rendered":"Crypto Traders See ChainLink (LINK) Hitting $10 Before BTC Hits $10k"},"content":{"rendered":"<p><strong>Quick take:<\/strong><\/p>\n<ul>\n<li><strong>ChainLink (LINK) recently hit an all-time high of $8.50 on the 13th of July.\u00a0<\/strong><\/li>\n<li><strong>LINK is now a top 10 coin on Coinmarketcap.\u00a0<\/strong><\/li>\n<li><strong>In a Twitter poll, Crypto traders are confident LINK will hit $10 before Bitcoin retests $10,000.<\/strong><\/li>\n<\/ul>\n<p>Since mid-June, ChainLink (LINK) has more than doubled in value from around $3.65 to the new all-time high of $8.50 on the 13th of July. At the time of writing this, LINK is hovering around $7.50.<\/p>\n<p>The rise of LINK in the crypto markets has been attributed to two factors. To begin with, ChainLink (LINK) has proven to be immune to the price movements of Bitcoin. Secondly, the LINK network continues <a href=\"https:\/\/en.ethereumworldnews.com\/chainlinks-high-network-activity-keeps-pushing-link-higher\/\" target=\"_blank\" rel=\"noopener noreferrer\">to grow at an impressive rate<\/a>. The team at Cane Island had found that the user growth rate on ChainLink has seen an increment of approximately 17% per month.<\/p>\n<h2>LINK Becomes a Top 10 Coin on Coinmarketcap<\/h2>\n<p>The incredible run of LINK in the crypto markets has resulted in the digital asset edging out several &#8216;heavyweights&#8217; on Coinmarketcap. On its rise to the top 10, LINK has zoomed past the prominent digital assets of Stellar (XLM), Tezos (XTZ), EOS and Crypto.com Coin (CRO).<\/p>\n<p>If the current bullish momentum of ChainLink is maintained, LINK could also edge out <a href=\"https:\/\/en.ethereumworldnews.com\/bnb-turns-bullish-on-coin-burn-3yr-anniv-live-event-binance-card\/\" target=\"_blank\" rel=\"noopener noreferrer\">Binance Coin (BNB)<\/a>, Litecoin (LTC) and Cardano (ADA) in the near future.<\/p>\n<p><a href=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/CMC-Link-July-14th.jpg\"><img class=\"aligncenter size-large wp-image-562587\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/CMC-Link-July-14th-1024x349.jpg\" alt=\"\" width=\"1024\" height=\"349\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/CMC-Link-July-14th-1024x349.jpg 1024w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/CMC-Link-July-14th-300x102.jpg 300w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/CMC-Link-July-14th-770x262.jpg 770w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/CMC-Link-July-14th-240x82.jpg 240w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/CMC-Link-July-14th-717x244.jpg 717w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/CMC-Link-July-14th-150x51.jpg 150w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/CMC-Link-July-14th.jpg 1066w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\"><\/a><\/p>\n<h2>ChainLink (LINK) Will Hit $10 Before Bitcoin Retests $10,000<\/h2>\n<p>It is with this brief background surrounding the crypto market activity of ChainLink, that crypto traders are optimistic that LINK will hit $10 before Bitcoin retests $10,000. Their confidence in LINK outperforming BTC was captured in a poll by Timothy Peterson: an Investment Manager at Cane Island Alternative Advisors and a believer that <a href=\"https:\/\/en.ethereumworldnews.com\/chainlink-link-will-be-bigger-than-bitcoin-btc-crypto-analyst\/\" target=\"_blank\" rel=\"noopener noreferrer\">LINK will outperform Bitcoin<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Which will happen first? <a href=\"https:\/\/twitter.com\/hashtag\/ChainLink?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">#ChainLink<\/a> $10 or <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">#Bitcoin<\/a> $10,000? <a href=\"https:\/\/twitter.com\/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">$LINK<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">$BTC<\/a><\/p>\n<p>&mdash; Timothy Peterson (@nsquaredcrypto) <a href=\"https:\/\/twitter.com\/nsquaredcrypto\/status\/1282754660542099457?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">July 13, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>With three hours till the end of the poll, 66% of respondents believe that LINK will most likely break its all-time high of $8.50 and hit $10 before Bitcoin revisits $10,000. A quick glance at the daily LINK\/USDT chart reveals that there is plenty of bullishness present around LINK.<\/p>\n<p><a href=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/LINKUSDT-July-14th.jpg\"><img class=\"aligncenter size-full wp-image-562586\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/LINKUSDT-July-14th.jpg\" alt=\"\" width=\"997\" height=\"508\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/LINKUSDT-July-14th.jpg 997w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/LINKUSDT-July-14th-300x153.jpg 300w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/LINKUSDT-July-14th-770x392.jpg 770w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/LINKUSDT-July-14th-240x122.jpg 240w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/LINKUSDT-July-14th-717x365.jpg 717w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/07\/LINKUSDT-July-14th-150x76.jpg 150w\" sizes=\"(max-width: 997px) 100vw, 997px\" title=\"\"><\/a><\/p>\n<p>However, judging by the over-extended parabolic move above the major moving averages of the 50-day, 100-day and 200-day, LINK\/USDT might be due for a correction with adequate support at the previous all-time high value around $5.<\/p>\n<p>As with all technical analyses of ChainLink, traders and investors are advised to use risk management techniques such as stop losses when trading LINK using leverage.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick take: ChainLink (LINK) recently hit an all-time high of $8.50 on the 13th of July.\u00a0 LINK is now a top 10 coin on Coinmarketcap.\u00a0 In a Twitter poll, Crypto traders are confident LINK will hit $10 before Bitcoin retests $10,000. Since mid-June, ChainLink (LINK) has more than doubled in value from around $3.65 to the new all-time high of $8.50 on the 13th of July. At the time of writing this, LINK is hovering around $7.50. The rise of [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":57667,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[108032,800],"tags":[1233,5749,373],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/562591"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=562591"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/562591\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/57667"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=562591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=562591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=562591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}