Chainlink was not immune to the recent market crash, with LINK slipping another 6% last week and hovering near the $12.00 range. The drop pushed the asset deeper into uncertainty as traders question whether a true reversal has formed. Chart structure continues to weaken, and many analysts warn that more downside may be ahead. Meanwhile, [...] The post Chainlink Risks Falling to $8.94 – Analysts Unsure of a Bottom, but Digitap Hits New Crypto Presale Milestones appeared first on Blockonomi.Chainlink was not immune to the recent market crash, with LINK slipping another 6% last week and hovering near the $12.00 range. The drop pushed the asset deeper into uncertainty as traders question whether a true reversal has formed. Chart structure continues to weaken, and many analysts warn that more downside may be ahead. Meanwhile, [...] The post Chainlink Risks Falling to $8.94 – Analysts Unsure of a Bottom, but Digitap Hits New Crypto Presale Milestones appeared first on Blockonomi.

Chainlink Risks Falling to $8.94 – Analysts Unsure of a Bottom, but Digitap Hits New Crypto Presale Milestones

Chainlink was not immune to the recent market crash, with LINK slipping another 6% last week and hovering near the $12.00 range. The drop pushed the asset deeper into uncertainty as traders question whether a true reversal has formed.

Chart structure continues to weaken, and many analysts warn that more downside may be ahead. Meanwhile, Digitap’s ($TAP) crypto presale continues to rise, now approaching 140 million tokens sold.

Digitap’s path contrasts sharply with the hesitation visible across many large-cap altcoins to buy, including LINK. Its community continues to grow as more investors look for utility-based projects rather than assets stalled in correction phases.

With multiple milestones completed and live users, Digitap reinforces its position as one of the best cryptos to buy now in early December. This creates a clear difference between a rising presale and a large-cap asset still looking for direction.

More Crypto Online shared a detailed analysis highlighting that LINK may still be inside a prolonged yellow B-wave correction. The chart suggests that this B-wave could be forming a triangle structure, which usually includes five internal waves of consolidation. However, without a clear 1-2 upside structure, there is no confirmation that a major low has formed.

The triangle remains valid as long as the price stays above critical support. A triangle requires waves A through E to complete, but there is still no confirmed E-wave low visible on the chart. A break below the April 4th low at $10.20 would invalidate the triangle’s micro-count. Such an invalidation would not end the B-wave entirely but force it to unfold under a different pattern.

Source: X/@Morecryptoonl

Key support levels now sit at $10.70, $8.94, and $6.90. A decline below $6.90 would increase the probability that LINK is actually developing a larger wave four correction. This scenario would extend the downside well into lower ranges, reflecting the broader uncertainty across the market. These layered supports highlight how fragile LINK’s current position remains.

Analysts now watch the Fibonacci support box between $6.90 and $10.70 for the next reaction. This zone historically acts as a magnet during deeper corrections. A break above the yellow trendline would be the earliest sign that a local low is forming. Until that happens, the trendline continues to hold and keeps the overall downtrend intact.

Digitap: The Best Altcoin to Buy Now?

Digitap operates as a full omni-bank application that blends crypto and fiat into a single real-time financial ecosystem. The platform supports instant transfers, global payments, multi-currency swaps, and full account control through a self-custodial interface. This creates a flexible financial environment suitable for high-volatility markets. The model differs from typical altcoins to buy because Digitap already delivers the features it promotes.

Consider a real-life example involving a remote worker paid in stablecoins. Funds can be received inside Digitap, partially converted to local currency, and instantly spent using the no-KYC Visa card connected to the same balance. Everything happens inside the app without waiting for bank approvals or exchange withdrawals. This workflow simplifies international financial operations.

Digitap also supports businesses and freelancers who need a seamless bridge between earnings, spending, and cross-border transfers. Its structure removes the dependence on traditional banking infrastructure and offers fast access to capital during market dips or periods of high congestion.

Presale momentum remains strong as Digitap approaches 140 million tokens sold and almost $2.3 million raised. The current price is $0.0334, with the next increase set at $0.0361 ahead of the $0.14 listing. Tokenomics support growth with structured allocations across presale, marketing, giveaways, listings, development, staking, treasury, and a team allocation locked for five years.

All in all, Chainlink continues to face uncertain price action, weakening structure, and the possibility of revisiting deeper support levels. Digitap moves in the opposite direction with strong presale results, a fully working financial app, and rising interest from users looking for stability in volatile conditions. This contrast positions $TAP as one of the best cryptos to buy now while many top altcoins still attempt to find a bottom.

With the next price increase approaching at $0.0361 and the $0.14 listing set for launch, early entry windows are becoming limited. Digitap’s utility, momentum, and growing ecosystem give it advantages many established tokens currently lack.

As December progresses, $TAP stands out as one of the most promising altcoins to buy for those looking for real growth while assets like LINK remain trapped inside corrective patterns.

Digitap is Live NOW. Learn more about their project here:

Presale https://presale.digitap.app

Website: https://digitap.app

Social: https://linktr.ee/digitap.app

Win $250K: https://gleam.io/bfpzx/digitap-250000-giveaway

The post Chainlink Risks Falling to $8.94 – Analysts Unsure of a Bottom, but Digitap Hits New Crypto Presale Milestones appeared first on Blockonomi.

Market Opportunity
Notcoin Logo
Notcoin Price(NOT)
$0.0006441
$0.0006441$0.0006441
+4.03%
USD
Notcoin (NOT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Crypto Casino Luck.io Pays Influencers Up to $500K Monthly – But Why?

Crypto Casino Luck.io Pays Influencers Up to $500K Monthly – But Why?

Crypto casino Luck.io is reportedly paying influencers six figures a month to promote its services, a June 18 X post from popular crypto trader Jordan Fish, aka Cobie, shows. Crypto Influencers Reportedly Earning Six Figures Monthly According to a screenshot of messages between Cobie and an unidentified source embedded in the Wednesday post, the anonymous messenger confirmed that the crypto company pays influencers “around” $500,000 per month to promote the casino. They’re paying extremely well (6 fig per month) pic.twitter.com/AKRVKU9vp4 — Cobie (@cobie) June 18, 2025 However, not everyone was as convinced of the number’s accuracy. “That’s only for Faze Banks probably,” one user replied. “Other influencers are getting $20-40k per month. So, same as other online crypto casinos.” Cobie pushed back on the user’s claims by identifying the messenger as “a crypto person,” going on to state that he knew of “4 other crypto people” earning “above 200k” from Luck.io. Drake’s Massive Stake.com Deal Cobie’s post comes amid growing speculation over celebrity and influencer collaborations with crypto casinos globally. Aubrey Graham, better known as Toronto-based rapper Drake, is reported to make nearly $100 million every year from his partnership with cryptocurrency casino Stake.com. As part of his deal with the Curaçao-based digital casino, the “Nokia” rapper occasionally hosts live-stream gambling sessions for his more than 140 million Instagram followers. Founded by entrepreneurs Ed Craven and Bijan Therani in 2017, the organization allegedly raked in $2.6 billion in 2022. Stake.com has even solidified key partnerships with Alfa Romeo’s F1 team and Liverpool-based Everton Football Club. However, concerns remain over crypto casinos’ legality as a whole , given their massive accessibility and reach online. Earlier this year, Stake was slapped with litigation out of Illinois for supposedly running an illegal online casino stateside while causing “severe harm to vulnerable populations.” “Stake floods social media platforms with slick ads, influencer videos, and flashy visuals, making its games seem safe, fun, and harmless,” the lawsuit claims. “By masking its real-money gambling platform as just another “social casino,” Stake creates exactly the kind of dangerous environment that Illinois gambling laws were designed to stop.”
Share
CryptoNews2025/06/19 04:53
Brera Holdings Rebrands as Solmate, Raises $300 Million for SOL Treasury

Brera Holdings Rebrands as Solmate, Raises $300 Million for SOL Treasury

Detail: https://coincu.com/news/solmate-rebrand-300m-sol-treasury/
Share
Coinstats2025/09/19 03:40
Sui Mainnet Recovers After 6-Hour Network Stall: No Funds at Risk

Sui Mainnet Recovers After 6-Hour Network Stall: No Funds at Risk

On January 14, 2026, Sui Mainnet faced a significant disruption, leaving the network stalled for roughly six hours. The incident was caused by an internal divergence
Share
Tronweekly2026/01/17 09:30