The number of active $LINK addresses has surged to its highest level since May, coinciding with a significant outflow from exchanges. This suggests a trend of accumulation during a period of market turbulence. The number of active $LINK addresses has reached its highest level since May. Interestingly, this surge occurred […]
Tag: link
Chainlink (LINK) Supply On Exchanges Drops, Signaling Potential Bullish Surge
Chainlink’s (LINK) supply on exchanges has significantly decreased, dropping from 23.0% to 21.4% over the past 30 days. This notable reduction mirrors a similar decline observed between September 15 and October 14, when LINK surged by 123% over the subsequent four weeks. ๐๐ง Chainlink's supply on exchanges has dropped from […]
Chainlink Sees Major Accumulation By Key Stakeholders Amid Suppressed Markets
Chainlinkโs key stakeholders, those holding between 10,000 and 1 million LINK, have been in a significant accumulation phase during the recent market downturn. Since June 24th, these stakeholders have added a substantial 9.2 million LINK to their collective holdings, representing a 4.65% increase. ๐ณ๐ Chainlink's key stakeholders with 10K-1M coins […]
CHAINLINK PRICE ANALYSIS & PREDICTION (July 10) โ Link Faces Resistance After A Key Bounce, Can It Advance Higher?
This month, Chainlink underwent another downturn after staying above key support since the start of the year. It recently bounced off and is now showing signs of strength daily following the latest market recoveries. Following past weeks of drops, which led to a significant breakdown of a key support level […]
Chainlink Whales Accumulate Millions Of $LINK Amid Market Movements
Chainlink ($LINK) has seen significant accumulation by whales, who have snapped up over 6.2 million $LINK tokens this past week, totaling approximately $76.88 million. #Chainlink whales have snapped up over 6.2 million $LINK this past week, totaling approximately $76.88 million! pic.twitter.com/Hats1Nmsny — Ali (@ali_charts) July 8, 2024 Data from Lookonchain […]
Bitcoin and Ether Decline As Chainlink Sees Significant Token Movements
Despite the stock market reaching new highs, Bitcoin and Ether have both declined over 10% from their yearly peaks. Other major cryptocurrencies such as Solana ($SOL), Cardano ($ADA), and Chainlink ($LINK) have experienced even steeper drops, each falling more than 25% from their recent highs. Despite the stock market reaching […]
CHAINLINK PRICE ANALYSIS & PREDICTION (June 20) โ Link Bounces Off A Key Support But No Enough Volume To Sustain Pressure
Once again, Chainlink LINK bounced off a key support area after several failed attempts to break it since the start of the year. A continuous increase above this support should bring the bulls back into the market. Late last month, Chainlink ended a five-week retracement move with a multiple rejection […]
Chainlink Market Cap Surges 19% As Whales Take Profits Amid Bullish Trends
Chainlink (LINK) has experienced a significant surge, with its market cap climbing by 19% in the past 24 hours, decoupling from the broader altcoin market. This rally has brought the number of 100,000+ LINK holders to 564, marking a 4.6% increase in just five weeks.ย If social dominance remains stable […]
CHAINLINK PRICE ANALYSIS & PREDICTION (May 17) โ Link Breaks Out Following A 17% Surge Overnight, Targets $17
After correcting by almost 50% in a month, Chainlink LINK found support and began to range until it located a key level on Wednesday. It initiated a surge and steadily increased until the price broke out of a range bound. The past month of trading has been indecisive for Link […]
Chainlink’s LINK Sees Price Slowdown Despite Recent Whale Activity
Chainlink’s native token, LINK, which demonstrated strong performance earlier this year, is currently experiencing a deceleration in its price momentum, with the cryptocurrency trading around $14.25. Over the past week, Chainlink (LINK) has witnessed a significant decline of -22%, followed by a monthly decrease of -25%.ย Despite this, the price […]
CHAINLINK PRICE ANALYSIS & PREDICTION (April 5) โ Link’s Bears Mount Pressure After A Short Relief, Targets March’s Low
Chainlink has seen some substantial reduction in the past week, failing to provide a major discount. However, the price is currently weak as it gathers liquidity for a massive sell-off on the daily chart. Since Link rejected the $18.3 level, the price has been on a steady fall with no […]
CHAINLINK PRICE ANALYSIS & PREDICTION (February 26) โ Link Bounces After Retesting Monthly Break Level, Not Strong Enough To Bring The Bulls Back
Chainlink slipped slightly this week from a brief consolidation phase but later found support after retesting the monthly breakup level as support. The price is now facing up, charging for a fresh increase on the day.ย After breaking out of an accumulation phase to touch $20.8 last week, Link traded […]
CHAINLINK PRICE ANALYSIS & PREDICTION (February 17) โ Chainlink Pauses Buying After Increasing By 30% In Two Weeks, Incoming Retracement?
Since the price broke out of an accumulation face two earlier this month, Chainlink LINK has been struggling to increase but has managed to reach a significant milestone for the first time in two years. It currently appears calm on the daily. The recent monthly break out of an accumulation […]
CHAINLINK PRICE ANALYSIS & PREDICTION (February 8) โ Link Faces Rejection After Breaking Out Of An Accumulation Phase, Pullback Lies Ahead
Chainlink recently broke out of an accumulation phase and is now up by 23% in seven days. It faced rejection and cooled off briefly. While the price remains strong, it may undergo a slight pullback to fuel a fresh increase. Following late January resurge from $13.3, Link climbed above the […]
Chainlink $LINK Token Surges To Yearly High Amidst Growing Investor Interest
The price of Chainlink’s ($LINK) token has surged to new heights, reaching $19 and marking a significant 7.22% increase over the past 24 hours, hitting a yearly peak of $19.54.ย This surge reflects the massive bullish momentum that LINK has been experiencing, with a remarkable 34% gain over the past […]
Chainlink $LINK, ImmutableX $IMX, And Pyth $PYTH Experience Significant Market Cap Growth
Chainlink, ImmutableX, and Pyth have all witnessed remarkable growth in market capitalization over the past week, with Chainlink surging by 34%, ImmutableX by 23%, and Pyth by 26%.ย The mainstream discussion surrounding these assets suggests that fear of missing out (FOMO) may drive high volatility in their prices. ๐๐ฃ๏ธ #Chainlink […]
CHAINLINK PRICE ANALYSIS & PREDICTION (February 3) โ Link Breaks Out Of An Accumulation Phase, Sets For A New Rallyย
After months of accumulating above $13, Link broke out today and registered almost 25% gains in the past week. It appears set for a new rally and is likely to post more gains in the coming day. Link started to show signs of strength last week and later became strong […]
ChainLink ($LINK) Experiences Whales’ Conflicting Moves
As January draws to a close, the cryptocurrency market has shown signs of recovery after enduring several weeks of heightened selling pressure. ChainLink ($LINK) is among the tokens witnessing a slight rebound, inching closer to the $15 mark while experiencing a notable 39% increase in its 24-hour trading volume. However, […]