- I am not a registered investment, legal, or tax adviser or a broker/dealer, and all opinions expressed by me are from my research for educational purposes only.
- Past performance presented here is not an indicator of future performance.
- This post expresses my own opinion about the cryptocurrency mentioned herein and is not an offer to buy or sell, or a solicitation of any offer to buy or sell the cryptocurrency mentioned in this post.
1. Top 3 Good News for LINK HODLERS !!!
- 3 key Chainlink price metrics signal LINK is gathering strength
Statistic as of 2 Apr 2021 12:59 PM EDT: 35 positive votes, 0 negative votes
- Chainlink Hits $30 as Grayscale Adds 115,570 LINK to Its Reserves
Statistic as of 2 Apr 2021 12:59 PM EDT: 30 positive votes, 0 negative votes
- Filecoin integrates with Chainlink to offer advanced decentralized storage solutions
Statistic as of 2 Apr 2021 12:59 PM EDT: 26 positive votes, 0 negative votes
2. Top 2 Bad News for LINK HODLERS !!!
- Chainlink (LINK) Will Face the SEC Next After Ripple – Zeus Capital
Statistic as of 2 Apr 2021 1:00 PM EDT: 2 positive votes, 7 negative votes
- CHAINLINK KILLER? Why API3 could be an insane moonshot
Statistic as of 2 Apr 2021 1:00 PM EDT: 1 positive votes, 4 negative votes
3. How Chainlink Performs Relative to Other Cryptos ?
As of 2 April 2021, LINK has made a cumulative return of 1641.04% since Jan 2020 and 250.86% since Jan 2021. It is currently the 7th greatest performing crypto asset since Jan 2021 as compared to the other cryptocurrencies presented above.
4. Technical Analysis on Chainlink
4.1. Volume Weighted Average Price (VWAP)
4.2. Moving Average Convergence Divergence (MACD)
4.3. Bollinger Band
4.4. Relative Strength Index (RSI)
Based on the technical analysis presented above, quantdoge holds a neutral stance on the short-term price outlook of LINK.
5. Chainlink Risk Profile
Based on the 100-day 95% historical Value-at-Risk (VaR) profile of Chainlink defined above, Chainlink is having a similar risk level on 2 Apr 2021 as compared to 10 days before on 24 Mar 2021, with its worst pullback being recorded at 19.33% on a single day during the last 100 days.
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If you are into Ethereum (ETH) and Bitcoin (BTC), I have made a similar analysis on them at:
- 1 April 2021 (THU)- Bitcoin (BTC) Daily Risk Report
- 1 April 2021 (THU)- Ethereum (ETH) Daily Risk Report
If you like my analysis and articles, please follow me at @quantdoge for daily updates.