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 […]
Tag: link
CHAINLINK PRICE ANALYSIS & PREDICTION (October 22) – Link Signals Bullish As It Gathers Momentum, Incoming Breakout
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 […]
CHAINLINK PRICE ANALYSIS & PREDICTION (October 7) – Link Bounces Back, Set To Break Out Of This Falling Channel
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 […]
CHAINLINK PRICE ANALYSIS & PREDICTION (September 25) – Link Remains Trap In A Channel As It Increases, Will It Break?
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. […]
Chainlink Unlocks 18.75M $LINK, Sends $208M To Binance Amid Stable Price Action
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 […]
CHAINLINK PRICE ANALYSIS & PREDICTION (September 16) – Link Turns Weak Today After Posting A Week Gain, Incoming Drops
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) Hits Peak Social Media Buzz Of 2024 Amid Holder Decline
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 […]
Whales Accumulate $LINK Amid Surge In Active Addresses
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 (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. 🔗🧐 Chainlink's supply on exchanges has dropped from […]
Chainlink Sees Major Accumulation By Key Stakeholders Amid Suppressed Markets
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 […]
CHAINLINK PRICE ANALYSIS & PREDICTION (July 10) – 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) – 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. If social dominance remains stable […]
CHAINLINK PRICE ANALYSIS & PREDICTION (May 17) – 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%. Despite this, the price […]
CHAINLINK PRICE ANALYSIS & PREDICTION (April 5) – 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 […]