In this news:
New Delhi [India], February 20: Wondering if Chainlink can give you profits upon investing? A detailed 24-hour analysis is provided here to help you understand the insights better! To begin with, on February 18, Chainlink (LINK/USDT) started trading on the day at around $18.15. It attempted to break above the key resistance level at $18.40 at 23:00 UTC on February 17, the previous day. After which the selling pressure kept the price below the resistance formed at $18.40 with a downfall indicated by an overbought level in the RSI at 22:20 UTC. The MACD showed a golden cross around 09:00 UTC and an oversold level in RSI around the same time, signaling potential upward momentum. However, LINK still struggled to break the resistance of $18.33. Support is firmly established at $17.80, with buyers defending this level during the early hours of the day. Chart 1 - Analyzed by baishnabtriparna, published on TradingView on February 18, 2025 On February 17, LINK’s price peaked at $19.70, as shown in Chart 1, before entering a downtrend. The first rejection occurred near the $19.50 resistance. As the RSI crossed into overbought territory, selling pressure intensified, leading to a death cross on the MACD at 21:00 UTC. LINK fell sharply and breached the $18.40 support, which turned into a resistance level. The price bottomed out at $17.80 before staging a small recovery. Will LINK Breakout Above the Resistance? Look at The Best Coin to Invest in 2025! LINK remains in a boundary area between $17.80 support and $18.40 resistance. LINK will pursue an upward trend toward $19.20 when it exceeds $18.40 but may face additional deficits if support at $17.80 is breached. The market attracts investors by focusing on high-growth presale opportunities, as these presales produce remarkable outcomes. The innovative decentralized trading features of DexBoss (DEBO) have gained popularity through its high potential for early return, thus becoming a major presale attraction. As the crypto market faces a downtrend, presales offer investors a strategic way to diversify for higher rewards, being the best coin to invest in 2025. DexBoss (DEBO) – The Best Crypto Presale for DeFi Enthusiasts DexBoss (DEBO) stands out as the best coin to invest in the DeFi space, offering a comprehensive trading platform that supports over 2,000 cryptocurrencies. Its real-time order execution and fiat on/off ramps provide a seamless experience for both beginners and seasoned traders. With advanced market analysis tools, DexBoss simplifies decentralized finance without sacrificing performance. Click here to know more about DexBoss Value Creation Through Buyback and Burn DexBoss implements a buyback and burn mechanism to reduce token supply, which increases scarcity and drives demand. This feature, combined with staking and liquidity farming options, allows users to generate passive income while supporting platform liquidity and long-term value growth. Presale Information Current price: $0.011 Listing price: $0.0505 Funds raised: $586,984.9 / $750,000 With more than 78% of its funding goal achieved, DexBoss is positioned to be the next big cryptocurrency and offers massive potential gains for early investors. Aureal One (DLUME) – Best Crypto Presale for Gaming and Metaverse Aureal One (DLUME) is a frontrunner in blockchain gaming, offering zero gas fees and lightning-fast transactions. Its blockchain infrastructure is designed to support smooth, high-volume gameplay, making it ideal for the rapidly evolving metaverse. This focus on speed and affordability sets it apart as the best coin to invest in gaming. Darklume Metaverse and Strategy Games The Darklume Metaverse enables users to own land, trade assets, and collaboratively build virtual worlds while earning rewards. Additionally, Clash of Tiles, a strategic game tied to real-world crypto and stock price movements, allows players to earn DLUME points and expand territories. Presale Overview Current price: $0.0013 Listing price: $0.005 Tokens sold: $3,240,712.8/ $4,500,000 Potential return: 323.08% With strong presale demand and a specialized focus on gaming, Aureal One offers significant potential for being the next big cryptocurrency for early adopters in 2025. Conclusion All in all, Chainlink (LINK) is at a pivotal point while facing resistance at $18.40 and support at $17.80. A breakout above $18.40 could trigger a rally toward $19.20, while failing to hold the $17.80 support may result in further losses. However, investors seeking higher rewards might consider high-growth presales like DexBoss (DBX) and Aureal One (DLUME). DexBoss stands out with its innovative decentralized trading features and buyback-and-burn mechanism, offering the potential for massive gains. Similarly, Aureal One’s focus on blockchain gaming and the metaverse presents an exciting opportunity for early investors. Both presales provide strategic ways to diversify and capitalize on the next crypto to explode in the crypto space. (Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. TIMES NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions. No Times Now Journalists are involved in creation of this article.) Disclaimer: This article is a sponsored article and does not have journalistic or editorial involvement of Times Now. Get Latest News Live on Times Now along with Breaking News and Top Headlines from Bizz Impact and around the world.
