{"id":565358,"date":"2021-01-15T18:02:16","date_gmt":"2021-01-15T15:02:16","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=565358"},"modified":"2021-01-15T19:08:19","modified_gmt":"2021-01-15T16:08:19","slug":"chainlink-sets-new-all-time-high-of-21-45-hints-at-going-higher","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/chainlink-sets-new-all-time-high-of-21-45-hints-at-going-higher\/","title":{"rendered":"Chainlink Sets new All-time High of $21.45, Hints at Going Higher"},"content":{"rendered":"<p><strong>Quick take:<\/strong><\/p>\n<ul>\n<li><strong>Chainlink has just set a new all-time high of $21.45 &#8211; Binance rate<\/strong><\/li>\n<li><strong>The weekly Chainlink chart hints at a continuation to higher levels<\/strong><\/li>\n<li><strong>Crypto analysts and traders have provided several price predictions including $32, $43 and $60<\/strong><\/li>\n<li><strong>However, Chainlink&#8217;s fate depends on Bitcoin providing the ideal environment for LINK to thrive<\/strong><\/li>\n<\/ul>\n<p>The digital asset of <a href=\"https:\/\/en.ethereumworldnews.com\/category\/news\/chainlink-link-news\/\" target=\"_blank\" rel=\"noopener\">ChainLink (LINK)<\/a> has just set a new all-time high of $21.45 &#8211; Binance rate. Chainlink&#8217;s potential of breaking the previous all-time high of $20 was evident when its value refused to drop below the $12 support during <a href=\"https:\/\/en.ethereumworldnews.com\/bitcoin-retests-40k-as-grayscale-adds-2172-btc-to-its-bags\/\" target=\"_blank\" rel=\"noopener\">the recent Bitcoin crash<\/a>. The $12 price area has been a strong support area for the digital asset with $16 looking like the next solid support for ChainLink moving forward.<\/p>\n<h2>Chainlink&#8217;s Weekly Charts Hints of Bullish Momentum<\/h2>\n<p>Additionally, and from the weekly LINK\/USDT chart below, Chainlink looks ready to keep pushing higher as shall be elaborated below.<\/p>\n<p><a href=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/01\/LINKUSDT-Jan-15th.jpg\"><img class=\"aligncenter size-full wp-image-565359\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/01\/LINKUSDT-Jan-15th.jpg\" alt=\"\" width=\"938\" height=\"507\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/01\/LINKUSDT-Jan-15th.jpg 938w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/01\/LINKUSDT-Jan-15th-300x162.jpg 300w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/01\/LINKUSDT-Jan-15th-770x416.jpg 770w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/01\/LINKUSDT-Jan-15th-500x270.jpg 500w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/01\/LINKUSDT-Jan-15th-240x130.jpg 240w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2021\/01\/LINKUSDT-Jan-15th-717x388.jpg 717w\" sizes=\"(max-width: 938px) 100vw, 938px\" title=\"\"><\/a><\/p>\n<p>To begin with, the weekly MACD has just crossed in a bullish manner with its histogram confirming the bullishness.<\/p>\n<p>Secondly, the weekly RSI and MFI are at levels last witnessed in June of 2020 when Link marines banded together in a quest <a href=\"https:\/\/en.ethereumworldnews.com\/link-marines-plot-to-liquidate-authors-of-malicious-chainlink-report\/\" target=\"_blank\" rel=\"noopener\">to liquidate Zeus Capital<\/a> for calling the project vaporware.<\/p>\n<p>Thirdly, today is Friday and the past few weekends have been green for altcoins. Therefore, Chainlink could very well have a cool 48 hours to keep pushing higher before the weekly close that might provide downward selling pressure.<\/p>\n<h2>How High can Chainlink Go?<\/h2>\n<p>With regards to how high Chainlink can go, it is once again <a href=\"https:\/\/en.ethereumworldnews.com\/chainlinks-link-peak-value-continues-to-be-a-guessing-game\/\" target=\"_blank\" rel=\"noopener\">a guessing game<\/a>. Going back in time, Bitcoin and crypto analyst Timothy Peterson had provided <a href=\"https:\/\/en.ethereumworldnews.com\/chainlink-link-hitting-32-is-possible-but-risky-crypto-analyst\/\" target=\"_blank\" rel=\"noopener\">a $32 price forecast<\/a> during the aforementioned attempt by LINK marines to liquidate Zeus Capital. Once again, such a value is within reach for Chainlink.<\/p>\n<p>A $43 &#8211; $60 price prediction has also been provided by crypto analyst and trader, Pentoshi, via the following tweet.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">$LINK<\/a> vs <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">$BTC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">$ETH<\/a> and <a href=\"https:\/\/twitter.com\/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">$USDT<\/a><\/p>\n<p>Broken downtrend from ATH&#39;s vs BTC starting a new cycle. <br \/>Breaking USDT ath&#39;s = price discovery<\/p>\n<p>Bottomed vs Eth. <\/p>\n<p>Damn been tweeting this setup all week. Targets $43-47 and $57-60 imo <a href=\"https:\/\/t.co\/Kq3c6Pm7cz\" rel=\"nofollow\">pic.twitter.com\/Kq3c6Pm7cz<\/a><\/p>\n<p>&mdash; Pentoshi \ud83d\udc27wont DM you (@Pentosh1) <a href=\"https:\/\/twitter.com\/Pentosh1\/status\/1350066321426411520?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">January 15, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Chainlink&#8217;s Fate is in the Hands of Bitcoin<\/h2>\n<p>As with the case with the majority of altcoins, Chainlink needs an ideal environment to keep thriving. Bitcoin needs to experience sideways movement above the crucial $30k price zone for altcoins such as Chainlink to flourish. Therefore, having an eye out on Bitcoin might be advised when considering to go long on Chainlink at current levels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick take: Chainlink has just set a new all-time high of $21.45 &#8211; Binance rate The weekly Chainlink chart hints at a continuation to higher levels Crypto analysts and traders have provided several price predictions including $32, $43 and $60 However, Chainlink&#8217;s fate depends on Bitcoin providing the ideal environment for LINK to thrive The digital asset of ChainLink (LINK) has just set a new all-time high of $21.45 &#8211; Binance rate. Chainlink&#8217;s potential of breaking the previous all-time high [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":60127,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[108032],"tags":[5749,108163,108108],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/565358"}],"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=565358"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/565358\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/60127"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=565358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=565358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=565358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}