Latest crypto market news: Casper (CSPR), Fantom (FTM) and Chainlink (LINK)

An overview of current and future prices and a look at the latest news involving the Casper (CSPR), Fantom (FTM) and Chainlink (LINK) crypto assets. What's happening in the cryptocurrency market?

Timeline of Casper, Fantom, Chainlink

ChainLink price analysis for March 29, 2023, reveals the market following an upward movement, showing increasing momentum, signifying positivity for the LINK market. The price of ChainLink has remained bullish over the past few hours.

ChainLink price analysis for March 28, 2023, reveals the market following an upward movement, showing increasing momentum, signifying positivity for the LINK market. The price of ChainLink has remained bearish over the past few hours.

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Amid the increasing uncertainty in the crypto market, a majority of major cryptocurrencies show signs of price correction. These minor retracements could assist buyers to recuperate bullish momentum and offer a discount price to interested traders.

ChainLink price analysis for March 27, 2023, indicates a significant decline in the market, with negative momentum. The price of LINK has been consistently bearish in the past few hours, dropping from $7.3 to $7 on March 26, 2023.

Amid the ongoing recovery phase in the crypto market, the LINK price has been steadily rising for the past three weeks. If the buying pressure persists, the coin price may rise to $9.15 resistance which is the key barrier of a ten-month-long consolidation phase.

Chainlink's [LINK] recovery wasn't apparent at the time of writing, despite registering considerable whale activity. LINK had broken below an ascending channel but was checked by 200 EMA (exponential moving average) of $7.042.

Chainlink (LINK) is a decentralized oracle network that allows smart contracts on blockchain platforms like Ethereum (ETH) to securely access off-chain data and resources. The Chainlink network comprises several components, including Chainlink nodes, which retrieve data from external sources and provide it to the smart contract, and Chainlink oracles, which verify the authenticity of the data provided by the nodes.

Chainlink price analysis shows a bearish trend as the token has experienced a significant selloff in recent trading sessions. The LINK/USD pair is trading at $7.16, which is about 0.14% lower than its all-time high of $40.13 set in late August.

Chainlink [LINK] has been witnessing a constant decline in its number of holders lately. Dune's data revealed that the daily number of wallets with 1+ LINK has been on a declining trend for months.