Ripple, Chainlink and Ethereum – European Wrap 10 May

XRP price shows a consolidation in play that could lead to a new yearly high. The recent recovery from the dip into the demand zone suggests the presence of strong buyers.

 

 

Chainlink price made another new all-time high at $52.70, while all eyes were on Ethereum crossing past $4,000. LINK has regained massive bullish momentum in the past few weeks. 

 

LINK/USDT Daily chart

Ethereum price has had a stellar performance over the past two weeks, breaking records. Now, ETH bulls might take a break as this indicator flashed a sell signal.

ETH/USDT 12-hour, 6-hour chart