{"id":563055,"date":"2020-08-06T12:46:27","date_gmt":"2020-08-06T09:46:27","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=563055"},"modified":"2020-08-06T12:46:27","modified_gmt":"2020-08-06T09:46:27","slug":"chainlink-link-marines-optimistic-10-will-be-broken-soon","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/chainlink-link-marines-optimistic-10-will-be-broken-soon\/","title":{"rendered":"ChainLink (LINK) Marines Optimistic $10 Will Be Broken Soon"},"content":{"rendered":"<p><strong>Quick take:<\/strong><\/p>\n<ul>\n<li><strong>ChainLink (LINK) continues on its bullish path despite all signs initially pointing towards a correction.\u00a0<\/strong><\/li>\n<li><strong>The drive up has been attributed to LINK marines aiming to liquidate authors of the malicious ChainLink report.\u00a0<\/strong><\/li>\n<li><strong>LINK marines are optimistic $10 will be broken soon.\u00a0<\/strong><\/li>\n<\/ul>\n<p>Back in mid-July, crypto investors and traders responded to a poll asking them whether ChainLink (LINK) would break $10 before Bitcoin broke through $10,000. When the poll concluded, 67% of the respondents believed that <a href=\"https:\/\/en.ethereumworldnews.com\/crypto-traders-see-chainlink-link-hitting-10-before-btc-hits-10k-cy\/\" target=\"_blank\" rel=\"noopener noreferrer\">LINK would be the first to moon<\/a> before Bitcoin as seen in the tweet below.<\/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<h2>ChainLink&#8217;s (LINK) Visible Correction Interrupted by a Plot to Liquidate Authors of Malicious Report<\/h2>\n<p>Furthermore, and a few days after the tweet, <a href=\"https:\/\/en.ethereumworldnews.com\/category\/news\/chainlink-link-news\/\" target=\"_blank\" rel=\"noopener noreferrer\">ChainLink (LINK)<\/a> hit its previous all-time high of $8.92 and looked set to embark on a correction that could have seen it fall <a href=\"https:\/\/en.ethereumworldnews.com\/chainlinks-hopes-might-lie-with-its-previous-ath-around-5\/\" target=\"_blank\" rel=\"noopener noreferrer\">to as low as $5<\/a> &#8211; another previous all-time high value.<\/p>\n<p>However, ChainLink&#8217;s bullish momentum was experiencing a revival after LINK marines united in a bid <a href=\"https:\/\/en.ethereumworldnews.com\/link-marines-plot-to-liquidate-authors-of-malicious-chainlink-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">to liquidate the authors<\/a> of the malicious report that called for a $0.07 value of ChainLink. Since the campaign to pump LINK begun, the digital asset has rebounded from $6.50 levels to its new all-time high of $9.98 &#8211; Binance rate.<\/p>\n<p>This value is 2 cents shy of the $10 value of LINK predicted by participants of the poll presented by Timothy Peterson of Cane Island Alternative Advisors.<\/p>\n<h2>LINK Marines Optimistic $10 Will Be Broken Soon<\/h2>\n<p>It is with this brief background of ChainLink&#8217;s recent price movements that LINK investors &#8211; also known as LINK marines &#8211; believe that $10 will be broken soon. Furthermore, many believe that the digital asset will continue on its upward trajectory as seen through the following sample of LINK related Tweets.<\/p>\n<p>https:\/\/twitter.com\/Link_Operator\/status\/1291209947892473857<\/p>\n<p>https:\/\/twitter.com\/chainlinkwizard\/status\/1291183519700525057<\/p>\n<h2>What The ChainLink (LINK) Chart Says<\/h2>\n<p>A quick look at the daily LINK\/USDT chart reveals that the digital asset has attempted to break the $10 ceiling a second time since the all-time high value was set yesterday, August 5th.<\/p>\n<p><a href=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/08\/LINK-August-6th.jpg\"><img class=\"aligncenter size-large wp-image-563060\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/08\/LINK-August-6th-1024x500.jpg\" alt=\"\" width=\"1024\" height=\"500\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/08\/LINK-August-6th-1024x500.jpg 1024w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/08\/LINK-August-6th-300x147.jpg 300w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/08\/LINK-August-6th-770x376.jpg 770w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/08\/LINK-August-6th-240x117.jpg 240w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/08\/LINK-August-6th-717x350.jpg 717w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/08\/LINK-August-6th-150x73.jpg 150w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2020\/08\/LINK-August-6th.jpg 1046w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\"><\/a><\/p>\n<p>Taking a second look at the daily LINK\/USDT chart, the following can be observed.<\/p>\n<ul>\n<li>Trade volume is in the green.<\/li>\n<li>The daily MACD also hints at bullish momentum.<\/li>\n<li>The daily MFI is at 58 pointing towards possible sideways before another push up.<\/li>\n<li>LINK&#8217;s current price at $9.62 is above the 50, 100 and 200 Moving averages providing more evidence of bullish momentum.<\/li>\n<\/ul>\n<h2>Conclusion<\/h2>\n<p>Summing it up, ChainLink (LINK) has bounced from what <a href=\"https:\/\/en.ethereumworldnews.com\/7-65-6-82-are-two-strong-support-zones-for-chainlink-link\/\" target=\"_blank\" rel=\"noopener noreferrer\">looked like a certain pullback<\/a>, to post a new all-time high of $9.98. This push towards $10 has been catalyzed by LINK marines banding together in a bid to liquidate the authors of the report that called for a $0.07 LINK.<\/p>\n<p>With a few cents separating LINK from its $10 ceiling, the daily chart provides more evidence that this level could be broken in the hours or days ahead.<\/p>\n<p>As with all analyses of ChainLink (LINK), traders and investors are advised to use adequate stop losses as well as low leverage on the various derivatives platforms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick take: ChainLink (LINK) continues on its bullish path despite all signs initially pointing towards a correction.\u00a0 The drive up has been attributed to LINK marines aiming to liquidate authors of the malicious ChainLink report.\u00a0 LINK marines are optimistic $10 will be broken soon.\u00a0 Back in mid-July, crypto investors and traders responded to a poll asking them whether ChainLink (LINK) would break $10 before Bitcoin broke through $10,000. When the poll concluded, 67% of the respondents believed that LINK would [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":562579,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[108032],"tags":[5749,83,4124,108108],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/563055"}],"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=563055"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/563055\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/562579"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=563055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=563055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=563055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}