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Chainlink {LINK} surges through as Tezos {XTZ} falls back; Phoenix Meetup announced for the day

Bitcoin

Chainlink is ranked at #16 on coinmarketcap, below Dash but ahead of Tezos in the market. LINK rose by 5.69% in the course of the past 24-hours. The trading volume recorded is $95.425 million, while the unchanged supply remains at 350,000,000 LINK [these tokens are non-mineable]. The total market cap of Chainlink is $864.456, and LINK is priced at $2.47 for now.

At this meetup, the workings of Chainlink and smart contracts [connected with real world applications] will be explained for all who attend it.

A few days ago, Tezos had overtaken Dash in the market. This happen after XTZ got listed on Coinbase Pro as well as eToro. However, this was a short-lived move, as Tezos dropped below Chainlink in the market. A decline rate of more than 6% was observed [for XTZ].

Josh Rager is a renowned trader who is also the co-founder of Blockroots.

A report published 12 hours ago shows that Chainlink has seen suspicious growth during 13th June and also close to the end of June. The LINK/USDT candlestick chart shows that bullish pressure in prevalent [at present]. The daily RSI [for 10 periods] rests at 56.14 and is pointed in the upward direction.

Key resistance will be seen near the $2.8 mark, whereas support is established at the $2.1338 level. Although, the Awesome Oscillator peaks [currently green] are below the zero line so far, indicating that sellers might seize back control sooner than expected.

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.