Is Chainlink (LINK) a good investment?

[mich]

In its new published White paper, LINK has plans to take over DEFI market with hybrid smart contracts

White paper- https://link.smartcontract.com/whitepaper

https://decrypt.co/66610/chainlink-2-0-a-plan-to-turn-defi-into-a-500-billion-industry

[elisabetheva]

LINK has been one of the reliable projects in the blockchain space and is being handled by a competent team. This is evident from their Git Hub activities and it is good for a long time play.

Since the first time it grew, the link was actually very good and did not show a very sharp correction and the price was always stable and indeed with less dynamic movements it was not very good to be used as day trading, but for very good investment.

with the attainment of ATH $ 44.15 - Apr 15, 2021, this indicates that investors have started to actively trade actively, it can be seen that the market cap has also increased. it is not impossible that it will continue to increase in the future so it is very good if you invest in the current link, remember there is still a long way to go to continue to increase.

[LUCKMCFLY]

For now LINK has a laterality, it may be a good time to buy, even the Bitcoin market has not exploded as many expect, institutional investment has not made strong movements for the market to have a bullish rally. Most likely, some traders and investors are waiting for the ideal moment to make this move, when the price of Bitcoin begins to rise, LINK is likely to stagnate a bit, it is normal, some sell fast to buy Bitcoin and thus not lose the upward movement, then in the correction many see LINK favorably and begin to invest, they know that it can give a great profit.

Despite the growth today, the mid-term picture is neither bullish nor bearish as the altcoin is now located in the sideways trend. In this regard, the more likely scenario is trading within the range of $40-$45.

Source: https://u.today/btc-eth-link-and-ada-price-analysis-for-april-17

Looking at the analysis to days, the volume profile shows a great trade in the range of $24- $28, it is difficult to make a short-term market speculation when Bitcoin is in correction, however the price of LINK remains in normal ranges and no of possible dumps.

[mich]

Among the recent market crash this Bullish article believes that LINK could be the first coin to recover .

https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-could-be-the-first-to-recover-amid-market-crash-202104201025

[ElmedoRator]

Among the recent market crash this Bullish article believes that LINK could be the first coin to recover .

https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-forecast-link-could-be-the-first-to-recover-amid-market-crash-202104201025

I feel that it is time for the demonstration from LINK to start, although it has grown so many times, but currently its position has not yet shown the value and potential that the project will bring. With LINK 2.0 coming soon, I think there will be more reasons to stimulate the price increase.

[manok jepang]

I think the chainlink is a very good altcoin to invest in the long run because this altcoin has a very high potential, seen that currently the volume of the market analysis is showing very positive trades, so the opportunity to increases sales volume is higher.  Again, I think this is a great opportunity to add chain links to your portfolio.

[Dhoe]

I think the chainlink is a very good altcoin to invest in the long run because this altcoin has a very high potential, seen that currently the volume of the market analysis is showing very positive trades, so the opportunity to increases sales volume is higher.  Again, I think this is a great opportunity to add chain links to your portfolio.

Chainlink good as long term investment but if you have little budget you can use for short term, just take profit every day about 10% and buy back when bitcoin down. Depend how some one can control their emotion when hold coin, some time just hold few hour and price up sell but many investor hold few year to get much profit coin holding.

[elisabetheva]

Chainlink good as long term investment but if you have little budget you can use for short term, just take profit every day about 10% and buy back when bitcoin down. Depend how some one can control their emotion when hold coin, some time just hold few hour and price up sell but many investor hold few year to get much profit coin holding.

That's right, friend, we know that on the way, Chainlink never makes deep corrections, always if the correction is reasonable and can be taken again. the prospect is rather slow, it does not mean that it is not suitable for investment.
in the alt season situation all the best ranking altcoins will experience a sharp increase and it is not impossible that a renewable ATH will be created. it can and does chainlink, so don't lose that opportunity.

[geegaw]

I think the chainlink is a very good altcoin to invest in the long run because this altcoin has a very high potential, seen that currently the volume of the market analysis is showing very positive trades, so the opportunity to increases sales volume is higher.  Again, I think this is a great opportunity to add chain links to your portfolio.

High potential is an experience of the past, the road to development is currently quite difficult due to new projects, besides, its potential seemed to have all been revealed in about two years ago, its current value has hurdles and little progress has been made but its strong nature can still be targeted for buying back after the market is dumped. Stable selection as a target will be very suitable for LINK but requires positive and quick profitability, other audiences will be worthy of an opportunity.

[LUCKMCFLY]

Apparently bullish omens are seen for LINK, at the moment the Bitcoin market is falling, but it is falling in a suspicious way, seeing the market some altcoins are beginning to rise, this means that there is a possibility that investors are sheltering Your money in LINK, because it is giving good news, is starting to go up:

The marginally rising 20-day EMA and the relative strength index (RSI) above 57 indicate a minor advantage to the buyers. If the bulls can push and sustain the price above $40, the LINK/USDT pair could retest $44.33. A breakout of this resistance could start the next leg of the uptrend, which could reach $50 and then $55.72.

Source: https://cointelegraph.com/news/data-shows-traders-rushed-to-buy-altcoins-during-bitcoin-s-dip-to-50k

In view of this I think that it may already be a sign of starting an altcoin season, it is not confirmed but it is an assumption to see how the market is developing.

[velive08]

It was a rough last month for LINK after seeing all time highs of $37 back on February 20.

Here this Bullish article explains signals showing price strengths- https://cointelegraph.com/news/3-key-chainlink-price-metrics-signal-link-is-gathering-strength

Even for now the price of chainlink is only around $ 32 it's a drop of $ 5 and to pump back to $ 5 I think chainlink has to go through a lot of hurdles and hard pump like a few months ago

[mich]

It was a rough last month for LINK after seeing all time highs of $37 back on February 20.

Here this Bullish article explains signals showing price strengths- https://cointelegraph.com/news/3-key-chainlink-price-metrics-signal-link-is-gathering-strength

Even for now the price of chainlink is only around $ 32 it's a drop of $ 5 and to pump back to $ 5 I think chainlink has to go through a lot of hurdles and hard pump like a few months ago

Price is now closer to $31.30 but a Bullish article explains how recent new all time highs make investors confident in long term of this project.

https://ambcrypto.com/heres-why-chainlinks-price-rally-isnt-over-yet/

[mich]

Since their inception in Feb. Grayscale Chainlink Trust is up more then 41%.

https://grayscale.com/products/grayscale-chainlink-trust/?utm_medium=social&utm_source=twitter&utm_campaign=2021_q2_LINK

https://beincrypto.com/grayscale-chainlink-trust-up-41-since-february/

[LUCKMCFLY]

The growth of LINK has been on the rise, although many are thinking that the altcoin season has already started ETH, BNB and ADA have been the most winners in the altcoins market, for its part LINK does not go unnoticed, it has a profit of approximately 2%,in this article they review it:

The rise of Chainlink (LINK) has not reached its peak yet. Bears may seize the initiative around the closest resistance at $40.30. However, in the long-term scenario, buyers have the chance to attack the peak at $44.30.

Source: https://u.today/btc-eth-xrp-bnb-and-link-price-analysis-for-may-1

I have always seen LINK as a great investment, now if bitcoin begins its bullish trend range LINK will surely respond positively.

[mich]

LINK is plus 12% this week and this Bullish article says more all time highs are on the way.

https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-knocks-out-dual-resistance-link-poised-for-all-time-highs-202105031729

[mich]

LINK is up over 64% in last month to all time high of $52 with targets price point of $100.

https://www.fxstreet.com/cryptocurrencies/news/chainlink-price-prediction-link-makes-new-all-time-high-targeting-100-202105101146

[LUCKMCFLY]

There is an analysis of a trader that seems excellent to me, it is the most optimistic I have seen, in fact the analyst thinks that LINK can reach 100usd this year easily, and he launches his prediction with great confidence, here I share:

Chainlink (LINK) is on the trader’s radar as well. Smart Contracter predicts that the decentralized oracle network will more than double its current price of $45 in about two months.

“LINK $100 in <60 days.”

Source: https://dailyhodl.com/2021/05/11/top-trader-unveils-bullish-targets-for-bitcoin-ethereum-xrp-chainlink-and-1inch/

It is only 2 months that the analyst sees this price, it may happen, but it does not explain well if he launches this prediction based on an eventual bullish trend of BTC.

[mich]

Crypto Analyst Benjamin Cowen has Bullish price predictions for LINK.

https://dailyhodl.com/2021/05/10/chainlink-ready-to-erupt-says-crypto-analyst-benjamin-cowen-heres-his-massive-end-of-year-target/

[kevindjunaidi]

On the bright side, LINK is trading in green in a very shaky market. Looking at its performance, Chainlink is one of the highest trading cryptos today and it is still improving in the market. Still, I'm not convinced if that is the project I should invest in. I'm following all their updates and so on, but I would really appreciate your opinion on that.

if you want to invest in LINK for the long term, then it is the right choice, because in my opinion LINK is a good altcoin to be used as a long-term investment, because I am sure that the price of LINK will definitely continue to increase and of course it will make you get a big profit if you invest in LINK for the long term, therefore now is the right time for you to invest in LINK, because I think the price of LINK could increase by at least $100 in the next altseason.

[nurilham]

In my opinion, LINK is still leading Defi tokens. LINK also is one of the top 20 altcoins. It is simply to state that LINK is a good investment. I am holding some LINK on my wallets since the last year. It already gave me some money after holding a year. But ensure you buy and sell LINK in the right time.