Cosmos, Fantom, and Chainlink Price Analysis: 21 May

Bitcoin was indecisive as it traded just above the $29k mark, and the altcoin market has been trading sideways in the past few hours as well. Cosmos rose above the $11.06 support level and held on, while Fantom and Chainlink appeared to trade within a range.

Timeline of Cosmos, Fantom, Chainlink

With tokens licking their wounds and healing from the unexpected bloodbath witnessed in May, some tokens haven't exactly followed the “slow and steady” path to recovery. One such token is ATOM, and the token witnessed a huge spike in its price in the past 24 hours.

FTM, the native token for the Fantom blockchain rallied on Saturday after DeFi developer Andre Cronje was spotted writing code on the chain. FTM jumped 13% from intraday lows to $0.3746, outpacing all of the top-100 cryptocurrencies in the past 24 hours.

The Chainlink price analysis shows a bullish trend today as the coin is recovering under high market pressure. LINK/USD can be expected to close at a lower high above the $7.6 mark as the crypto pair underwent correction yesterday.

ATOM had displayed optimistic price action recently after the coin rallied close to 14% a little over 48 hours ago. The coin had managed to undo the loss of 21% that it incurred in the past week with its recent rally.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice After hitting its ATH on 7 January, Cosmos (ATOM) bears have stepped in to exert consistent pressure. The gradual decline below its multi-month long trendline resistance (previous support) gave sellers the well-needed strength for a

Widely followed crypto analyst Michaël van de Poppe says three popular altcoins are nearly ready to bounce back, starting with decentralized oracle network Chainlink (LINK). The crypto trader tells his 601,300 Twitter followers that while LINK's price action has been worrisome, he's predicting it finds support and ignites rallies in the near future. “Not the most The post Chainlink (LINK), VeChain (VET) and One More Altcoin Nearing Potential Trend Reversals, Says Top Crypto Analyst appeared first on The Daily Hodl.

Chainlink price analysis shows the cryptocurrency has had a surge of 3.57 over the day as prices remain above the $7.5. The bulls have come back to the market as the day comes to an end.

Chainlink hired Google Vet Kemal El Moujahid who oversaw Tensorflow at the tech giant so let's read more about it in our latest Chainlink news. Chainlink hired Google vet Kemal El Moujahid whose expertise will help the crypto company to better identify authorities for the oracle.

Since last week's Terra implosion and the demise of the blockchain project's native token LUNA — and the algorithmic stablecoin terrausd (UST) — crypto tokens based on the Cosmos ecosystem have seen significant losses. Two months ago, the top Cosmos ecosystem coins collectively were worth $61.6 billion and since then, the Cosmos economy has lost

Bitcoin dipped to $29.2k on 16 May but was able to climb back above $30k in the past few hours. The heavy trading volume of the past few days was unable to keep BTC below $30k, and a bounce upward could be seen toward $32k and even as high as $36k.