October 22, 2019: Chainlink (LINK): Up 1.44%; 3rd Consecutive Up Day

May 11, 2020: Chainlink (link): Down 2.02%; Price Crosses 20 Day Average; 2nd Consecutive Down Day
May 11, 2020: Chainlink (link): Down 2.02%; Price Crosses 20 Day Average; 2nd Consecutive Down Day
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How Did Chainlink’s Price Fare Yesterday?

Chainlink’s current price, at the time of this writing, is $2.686 USD, up by approximately 1.44% from the day prior. Chainlink is currently in a unclear , and it should be noted that this is now the the 3rd day in a row that price has been up. Moreover, Chainlink is now 11.8% above its 20 day moving average. Chainlink’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $2.10712 and $2.69798. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.

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May 2, 2020: Chainlink (link): Up 0.72%; 2nd Straight Up Day

As for Chainlink’s market cap, it is currently at about $922M US dollars.

Straight Off the Chain

Yesterday saw 8,357 transfers amongst holders of Chainlink. As for the number of holders, yesterday saw the number of wallets holding Chainlink increase by 187. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 6 out of the 34 Ethereum tokens we are tracking.

How are the Strong Holders of Chainlink Faring?

In terms of wealth concentration, the richest 1,000 wallets own 91.9% of the coin’s total money supply. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 0.97% of the currency’s money supply. Exchange ownership grew by -0.02% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.03% over that time period.

How Active are the Software Developers?

Chainlink has been active recently on its GitHub repos, with its most recent code updates occurring today, October 22, 2019. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Chainlink are growing by -0.3 and 1.07, respectively, over the past 30 days.

Chainlink’s Social Media Presence

Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 181 and 32 over the past day for Chainlink. If you are interested in following Chainlink on social media, Twitter, where it has 35,942 following it, may be a good place to start. You can follow Chainlink on Twitter here.

Where to Buy

You can trade Chainlink, listed under the symbol LINK, through the following exchanges: Gate, Yobit, Binance, DDEX. May 2, 2020: Chainlink (link): Up 0.72%; 2nd Straight Up Day

Article by SixJupiter