Cryptocurrency News
Chainlink (LINK) is gaining momentum, trading at $25.02 and closing in on its 3-year high of $30, last seen in January 2022. With a modest 10.8% climb needed to match this milestone, LINK’s performance is attracting attention during a promising late-week rally. 🔗📈 Chainlink has enjoyed a late-week rally, and […]
Starting this week with a breakup, Link later faced resistance and lost momentum after registering over 150% monthly gain. It currently looks weak on the day following a 5% loss in the past four days. The past month’s trade marked a great shift in the market structure as it rebounded […]
Chainlink ($LINK) has surged past $13.65 for the first time since July, decoupling from other altcoins as it eyes a potential breakout. Whale activity around $LINK is at a three-month peak, with key holders of between 100,000 and 10 million $LINK tokens accumulating an impressive $369.8 million worth over the […]
Link’s mid-term outlook is still bearish but the trend is likely to change soon as it approaches an important resistance line. Volatility may look low at the moment but it is gathering momentum for a massive pump. Recovering steadily from a dip two months ago, Link posted gains and continued […]
In line with the recent higher high and higher low formation, Link found new support in the mid-week and gradually regained momentum on a daily scale. This increase could lead to a breakout of a falling channel. The past two months of trading have brought notable increases in Link’s price […]
After respecting a channel’s lower boundary with a sharp bounce last month, Chainlink resurged three weeks ago and sustained pressure near a two-month resistance, where a key breakout is likely to occur soon. The past month has been a relief in the market as bears took a break in selling. […]
Recently, Chainlink unlocked 18.75 million $LINK tokens (valued at $215 million) from its non-circulating supply contracts. Of this amount, 18.125 million $LINK ($208 million) was transferred directly to Binance, while 625,000 $LINK ($7.18 million) was sent to a multisig wallet, 0xD50f. This unlock follows Chainlink’s established pattern of releasing tokens […]
The past week has been a period of relief across the crypto space as Chainlink posted 15% gains after locating new support. However, it currently appeared weak as it looks poise for drops daily. Link closed last month on a bearish note after a strong recovery from an 11-month low. This […]
Chainlink (LINK) is experiencing its highest level of social media discussion in 2024. This surge in engagement, combined with a drop in the total number of holders, could signal positive potential if market conditions stabilize in the coming week. Currently priced at $10.22, LINK has dropped 18% since reaching a […]
Following a sharp bounce off the lower boundary of a long descending channel last week, Chainlink revisited its previous monthly low but is now stalled due to low volatility. It may resume bearish if supply rises. Starting the third quarter a bit strong, Chainlink later turned weak and began to […]
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 $LINK addresses has reached its highest level since May. Interestingly, this surge occurred […]
Chainlink’s (LINK) supply on exchanges has significantly decreased, dropping from 23.0% to 21.4% over the past 30 days. This notable reduction mirrors a similar decline observed between September 15 and October 14, when LINK surged by 123% over the subsequent four weeks. 🔗🧐 Chainlink's supply on exchanges has dropped from […]
Chainlink’s key stakeholders, those holding between 10,000 and 1 million LINK, have been in a significant accumulation phase during the recent market downturn. Since June 24th, these stakeholders have added a substantial 9.2 million LINK to their collective holdings, representing a 4.65% increase. 🐳📈 Chainlink's key stakeholders with 10K-1M coins […]
This month, Chainlink underwent another downturn after staying above key support since the start of the year. It recently bounced off and is now showing signs of strength daily following the latest market recoveries. Following past weeks of drops, which led to a significant breakdown of a key support level […]
Chainlink ($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 $76.88 million! pic.twitter.com/Hats1Nmsny — Ali (@ali_charts) July 8, 2024 Data from Lookonchain […]
Despite the stock market reaching new highs, Bitcoin and Ether have both declined over 10% from their yearly peaks. Other major cryptocurrencies such as Solana ($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 […]
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 (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. If social dominance remains stable […]