Bitcoin, Polkadot and Chainlink – European Wrap 17 January

Bitcoin price reveals a bullish outlook albeit a slow one, providing altcoins with an opportunity to run free. The past week is a testament to the recent gains witnessed among many altcoins. While Ethereum continues to remain bullish, Ripple struggles to hold on.

 

Polkadot price is preparing for a massive uptrend, but it needs to overcome two significant resistance barriers. Doing so will allow DOT to rally without hesitation to another major hurdle. 

DOT/USDT 4-hour chart

Chainlink price shows signs that appear before the start of an uptrend. This outlook has supporting factors from both a technical and an on-chain perspective. Therefore, investors can expect LINK to start a bull rally.

 

LINK/USDT 1-week chart

 

 

 

 

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