Crypto markets overview 06/01 + ChainLink analysis| Are whales planning a rally in 2021 ?!

Welcome to our crypto markets overview today.

Chainlink fell from ATH to $ 20 toward $ 11. Investors maintained their daily movement above USD 11 and the exchange rate is currently rising to USD 15. What could 2021 look like? How far can we climb?

overview of terms

Yesterday, we reached a marketcap value of $ 913 billion. This week we are recording a low of USD 720 billion and a high of USD 916 billion. At Bitcoin, we have a low at $ 26,550 over the same period, and we see a high BTC at $ 34,530 over the same period. Bitcoin dominance is 68.7%.

Overview of coins from top capitalization yesterday:

The best growth yesterday was:

The biggest drop was recorded:

All data is provided from coinmarketcap.com

LINK / USD – LINK finally broke through the December resistance

The current price for one Chainlink [LINK] is $ 14.49. Chainlink is listed on 80 stock exchanges with a total of 186 active markets. The 24-hour [LINK] volume is $ 1,039,353,517 and the Chainlink market capitalization is $ 5,505,148,490, ranking it 10th out of all cryptocurrencies.

In January 2021, LINK began to push higher from lows to $ 11 (+ 24% per week) and today reached $ 14.65. In this way, the coin has finally broken above the December resistance and is now ready to move up – the assumption is that it can reach 15-15.66 USD.

Key support levels: $ 14.30, $ 13.50
Key Resistance Levels: $ 15, $ 15.66, $ 16.73

LINK-USD Short-term price forecast

Looking to the future, the first level of resistance is $ 15. This is followed by $ 15.66 (bear 786 Fib), $ 16 and $ 16.73 (bear 886 Fib). Additional resistance is $ 17.35 and $ 18.24. On the other hand, the first level of support is $ 14.30. This is followed by $ 13.50.

Thank you for your time and reading our today´s crypto markets overview.

• Author
• Recent Posts

Margharet Tess

Editor, Developer at Cryptheory Labs

I have been active in the cryptocurrency world for over 6 years, during which I have written countless articles about this sector. What fascinates me most about cryptocurrencies is their technological aspect and the problems they aim to solve. In the past three years, I have ventured into app development and am currently working on a larger project called P2E Buzzer. Stay tuned for the surprise. 🙂 My previous experiences: Business2Community.com, TradingPlatforms.com

Latest posts by Margharet Tess (see all)

• CryptoQuant Analyst: Bitcoin Nowhere Near Its Peak – Buckle Up, Hodlers! - December 21, 2024
• Chainalysis: $2.2 Billion Lost to Crypto Hacks in 2024 - December 21, 2024
• Bank of Japan leaves interest rate unchanged: Impact on the macroeconomy and the crypto market - December 20, 2024