Chainlink
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🚨 $LINK 😱 Update: Time to Reevaluate Your Strategy?
Chainlink ($LINK ) is currently trading at $29.00, following an impressive market rally over the past four days, which saw gains of up to 50%. This surge even pushed prices to a fresh high yesterday, signaling strong upward momentum. However, the situation has taken a turn, and it may be time to reassess your position.
An analysis of the hourly chart suggests a consistent downward trend, highlighting a potential shift in market sentiment toward bearish territory. With momentum waning, the risk of further price declines grows, making this an opportune moment to consider securing your profits. Selling now could help safeguard your gains while avoiding potential losses in a declining market.
Timing is everything in trading. The current conditions signal that capital preservation should take precedence over chasing further gains. Stay vigilant, monitor market movements closely, and adjust your strategy accordingly. Protect your profits and trade smart.
#Chainlink #TradingStrategy #CryptoSignals
Chainlink ($LINK ) is currently trading at $29.00, following an impressive market rally over the past four days, which saw gains of up to 50%. This surge even pushed prices to a fresh high yesterday, signaling strong upward momentum. However, the situation has taken a turn, and it may be time to reassess your position.
An analysis of the hourly chart suggests a consistent downward trend, highlighting a potential shift in market sentiment toward bearish territory. With momentum waning, the risk of further price declines grows, making this an opportune moment to consider securing your profits. Selling now could help safeguard your gains while avoiding potential losses in a declining market.
Timing is everything in trading. The current conditions signal that capital preservation should take precedence over chasing further gains. Stay vigilant, monitor market movements closely, and adjust your strategy accordingly. Protect your profits and trade smart.
#Chainlink #TradingStrategy #CryptoSignals
Chainlink Price Is Rising Sharply
Chainlink outpaced the sector last week with a robust gain. According to on-chain statistics, this is why.
Chainlink Price Is Rising Sharply
LINK investors have had a great few weeks as the asset has virtually quadrupled in value since November. The coin had a setback at the start of the week, but it has regained rapid bullish momentum in recent days.
This chart illustrates LINK's performance during the last several months:
The graph shows that Chainlink broke over $28 following a 47% surge from the week's low. The asset is the greatest performance among leading cryptocurrencies by market size, earning almost 22% weekly.
LINK is currently the 12th biggest in the industry by market valuation, barely ahead of Shiba Inu.
The following table shows that Chainlink's next competitor is Avalanche (AVAX). Its market worth is $3.5 billion more than LINK's, so a flip is unlikely unless positive momentum continues.
On-chain data may reveal what's driving the cryptocurrency's rise.
Sharks and whales have been accumulating.
Santiment, an on-chain analytics startup, wrote on X about how small and big organizations on the LINK network have behaved differently lately. The “Supply Distribution,” which tracks the total Chainlink a wallet group has, is relevant here.
Current address ranges of interest are 0 to 100,000 coins and 100,000+ coins. At the current currency rate, the 100,000 gap between groups is $2.8 million.
Sharks and whales—market investors—own addresses over this value. So, the group's Supply Distribution follows significant investors' activity.
The analytics business published this graphic comparing this metric to sharks, whales, and normal investors:
According to the graph above, tiny Chainlink investors have been selling for months, maybe because they didn't believe LINK would recover.
#LINK #Chainlink $LINK
Chainlink outpaced the sector last week with a robust gain. According to on-chain statistics, this is why.
Chainlink Price Is Rising Sharply
LINK investors have had a great few weeks as the asset has virtually quadrupled in value since November. The coin had a setback at the start of the week, but it has regained rapid bullish momentum in recent days.
This chart illustrates LINK's performance during the last several months:
The graph shows that Chainlink broke over $28 following a 47% surge from the week's low. The asset is the greatest performance among leading cryptocurrencies by market size, earning almost 22% weekly.
LINK is currently the 12th biggest in the industry by market valuation, barely ahead of Shiba Inu.
The following table shows that Chainlink's next competitor is Avalanche (AVAX). Its market worth is $3.5 billion more than LINK's, so a flip is unlikely unless positive momentum continues.
On-chain data may reveal what's driving the cryptocurrency's rise.
Sharks and whales have been accumulating.
Santiment, an on-chain analytics startup, wrote on X about how small and big organizations on the LINK network have behaved differently lately. The “Supply Distribution,” which tracks the total Chainlink a wallet group has, is relevant here.
Current address ranges of interest are 0 to 100,000 coins and 100,000+ coins. At the current currency rate, the 100,000 gap between groups is $2.8 million.
Sharks and whales—market investors—own addresses over this value. So, the group's Supply Distribution follows significant investors' activity.
The analytics business published this graphic comparing this metric to sharks, whales, and normal investors:
According to the graph above, tiny Chainlink investors have been selling for months, maybe because they didn't believe LINK would recover.
#LINK #Chainlink $LINK
1R:
what do you think about, 2 to 3 holders own all most 90%?
$LINK is currently trading at $29.31, maintaining a 24-hour high of $30.77 and a low of $28.43. The price is attempting to stabilize after recent volatility. Immediate resistance is seen at $30.50, where a breakout could push $LINK toward $31.50 and $32.50. On the downside, support lies at $28.50 and $28.00, and a breach below these levels might trigger further selling pressure. Traders should monitor volume and momentum to identify the next significant move.
#LINK #CryptoSignals #Chainlink #TradingAnalysis
#LINK #CryptoSignals #Chainlink #TradingAnalysis
Dewey Bellingham fCPr:
ela vai crescer. está se mantendo muito bem em relação as outras cripto q vive negativo
🚀 $LINK /USDT Technical Analysis – Key Price Levels on Binance!
Chainlink ($LINK ) is currently trading at $29.99, reflecting an impressive +6.69% increase in the last 24 hours. As LINK holds steady near critical levels, traders are keeping a close eye on its next breakout or pullback. Let’s analyze the key targets.
---
📋 Market Snapshot
24H High: $30.77
24H Low: $27.74
7-Day Performance: +22.72%
Chainlink’s strong upward momentum is supported by increasing trading volumes, signaling robust market interest.
---
🔑 Key Levels and Targets
1️⃣ Target 1: $30.50 (Immediate Resistance)
LINK is testing resistance at $30.50. A breakout above this level could signal further bullish momentum.
2️⃣ Target 2: $31.50 (Key Resistance)
Clearing $31.50 would confirm the continuation of the uptrend, potentially leading to new multi-month highs.
3️⃣ Target 3: $28.50 (Strong Support)
On the downside, $28.50 acts as a critical support level. A breakdown below this could lead to a temporary correction.
---
📈 Indicators to Watch
Relative Strength Index (RSI): Trending toward overbought territory, suggesting a potential cooling-off period or consolidation.
Volume Trends: Sustained buying volume above $30.50 will confirm a breakout.
Moving Averages: LINK is trading above its short-term and medium-term moving averages, reflecting strong bullish sentiment.
---
🛠️ Trading Strategies
🔹 Bullish Setup:
Entry Point: $30.00–$30.50
Targets: $31.50, $32.00
Stop-Loss: Below $28.50
🔹 Bearish Setup:
Entry Point: Below $28.50
Targets: $27.50, $26.50
Stop-Loss: Above $29.00
---
🌟 Final Thoughts
Chainlink’s price action indicates a strong uptrend, with $30.50 acting as a key level to watch for bullish continuation. Traders should monitor volume and RSI levels closely to spot potential reversals or confirm breakout scenarios.
🔗 Trade smart and stay ahead with LINK/USDT on Binance!
#Chainlink #LINKAnalysis #CryptoUpdates #BinanceTrading #LINKPriceTargets
Chainlink ($LINK ) is currently trading at $29.99, reflecting an impressive +6.69% increase in the last 24 hours. As LINK holds steady near critical levels, traders are keeping a close eye on its next breakout or pullback. Let’s analyze the key targets.
---
📋 Market Snapshot
24H High: $30.77
24H Low: $27.74
7-Day Performance: +22.72%
Chainlink’s strong upward momentum is supported by increasing trading volumes, signaling robust market interest.
---
🔑 Key Levels and Targets
1️⃣ Target 1: $30.50 (Immediate Resistance)
LINK is testing resistance at $30.50. A breakout above this level could signal further bullish momentum.
2️⃣ Target 2: $31.50 (Key Resistance)
Clearing $31.50 would confirm the continuation of the uptrend, potentially leading to new multi-month highs.
3️⃣ Target 3: $28.50 (Strong Support)
On the downside, $28.50 acts as a critical support level. A breakdown below this could lead to a temporary correction.
---
📈 Indicators to Watch
Relative Strength Index (RSI): Trending toward overbought territory, suggesting a potential cooling-off period or consolidation.
Volume Trends: Sustained buying volume above $30.50 will confirm a breakout.
Moving Averages: LINK is trading above its short-term and medium-term moving averages, reflecting strong bullish sentiment.
---
🛠️ Trading Strategies
🔹 Bullish Setup:
Entry Point: $30.00–$30.50
Targets: $31.50, $32.00
Stop-Loss: Below $28.50
🔹 Bearish Setup:
Entry Point: Below $28.50
Targets: $27.50, $26.50
Stop-Loss: Above $29.00
---
🌟 Final Thoughts
Chainlink’s price action indicates a strong uptrend, with $30.50 acting as a key level to watch for bullish continuation. Traders should monitor volume and RSI levels closely to spot potential reversals or confirm breakout scenarios.
🔗 Trade smart and stay ahead with LINK/USDT on Binance!
#Chainlink #LINKAnalysis #CryptoUpdates #BinanceTrading #LINKPriceTargets
Why Chainlink Price Jumps 10%, Will LINK Hit $50?
Why Chainlink Price Jumps 10%, Will LINK Hit $50?
Chainlink (LINK) price surges trading near $29.98 with potential to rally toward $50, following a breakout from a multi-year downtrend.
Chainlink (LINK) price has witnessed a surge climbing over 10% in the last 24 hours after establishing support at the intra-low of $27.81.
The cryptocurrency is trading near $29.98, with analysts suggesting a potential rally toward $50 in the coming weeks.
This trend follows a breakout from a long-term downtrend that spanned multiple years, supported by strong buying momentum and technical patterns.
Subsequently, during the rally, LINK’s market capitalization jumped by over 9% surpassing the $18.7B market cap despite a dip in the 24 hour trading volume by 32%.
Chainlink Price Breaks Out of a Multi-Year Downtrend
Chainlink price current rally can be attributed to its recent breakout from a prolonged downtrend. The cryptocurrency experienced a notable shift in Q4 2024 after consolidating within a falling wedge pattern.
Amid this recovery, Donald Trump’s World Liberty Finance has bought LINK tokens worth over $2.3m due to the Blackrock partnership speculation as we earlier reported.
According to ZAYKCharts, the breakout began after Chainlink price surpassed resistance levels at $13.50 and $17.50 earlier this year. These price levels, which previously acted as barriers, have now turned into key support zones.
Following the breakout, Chainlink’s price has accelerated, with strong buying activity pushing it higher.
At press time, Chainlink is approaching critical resistance near $30.40, with analysts closely monitoring its price action for confirmation of further movement. A decisive close above this level is expected to pave the way for additional gains.
Moreover, Ali, a top crypto analyst on X, stated, “Chainlink looks like it wants to break out to $34. I will be watching for an hourly close above $30.4 to confirm the breakout.”
Beyond $30.40, intermediate resistance zones are identified in the $35–$40 range, with a longer-term target of $55.39 being projected.
Analyst Predict 0ver 460% LINK Price RallyConcurrently, several technical patterns support the ongoing bullish momentum for Chainlink. Crypto analyst ZAYKCharts highlighted two falling wedge patterns observed over the last three years.
The first wedge formed between 2021 and early 2022, while the second pattern developed between 2022 and late 2024. Both patterns culminated in bullish breakouts, signaling the end of Chainlink’s extended downtrend.
Subsequently, with its current trajectory, Chainlink price could be positioned for long-term growth. Analysts from ZAYKCharts have projected that LINK price could reach $55.39 if it sustains its current momentum and clears key resistance levels, a 467% rally.
The current LINK price rally has been further fueled by a 190% gain in Chainlink’s price since the breakout, reflecting increasing investor interest and strong market demand. Moreover, open interest in LINK derivatives has also risen by 13.82% in the last 24 hours, reaching $908.70 million.
LINK Price Technical Analysis, Will Bullish Momentum Persist?
On the LINK price 4hr chart, the Relative Strength Index (RSI) is moving above the 50 region reflecting the ongoing bullish momentum. However, the RSI has recently moved into the overbought region and is now below its signal line with a rating of 61.70 pointing to a potential correction soon.
Adding to the correction potential, the Moving Average Convergence Divergence (MACD) is converging reflecting the weakening bullish momentum. This MACD trend points to a consolidation phase looming backing the crypto analyst projection of a breakout to $34.
Moreover, the candlesticks have been consistently forming near the upper band without breaking below the middle band which is a signl to a strong bullish momentum.
Adding to the Chainlink price bullish momentum, the Chaikin Money Flow (CMF) is moving in the positive region which is an indication of rising buying momentum, hence potential LINK price bullish breakout to the upside looming.
#Chainlink #LINK #AltcoinSeason #cryptomarket #CryptoNews
Chainlink (LINK) price surges trading near $29.98 with potential to rally toward $50, following a breakout from a multi-year downtrend.
Chainlink (LINK) price has witnessed a surge climbing over 10% in the last 24 hours after establishing support at the intra-low of $27.81.
The cryptocurrency is trading near $29.98, with analysts suggesting a potential rally toward $50 in the coming weeks.
This trend follows a breakout from a long-term downtrend that spanned multiple years, supported by strong buying momentum and technical patterns.
Subsequently, during the rally, LINK’s market capitalization jumped by over 9% surpassing the $18.7B market cap despite a dip in the 24 hour trading volume by 32%.
Chainlink Price Breaks Out of a Multi-Year Downtrend
Chainlink price current rally can be attributed to its recent breakout from a prolonged downtrend. The cryptocurrency experienced a notable shift in Q4 2024 after consolidating within a falling wedge pattern.
Amid this recovery, Donald Trump’s World Liberty Finance has bought LINK tokens worth over $2.3m due to the Blackrock partnership speculation as we earlier reported.
According to ZAYKCharts, the breakout began after Chainlink price surpassed resistance levels at $13.50 and $17.50 earlier this year. These price levels, which previously acted as barriers, have now turned into key support zones.
Following the breakout, Chainlink’s price has accelerated, with strong buying activity pushing it higher.
At press time, Chainlink is approaching critical resistance near $30.40, with analysts closely monitoring its price action for confirmation of further movement. A decisive close above this level is expected to pave the way for additional gains.
Moreover, Ali, a top crypto analyst on X, stated, “Chainlink looks like it wants to break out to $34. I will be watching for an hourly close above $30.4 to confirm the breakout.”
Beyond $30.40, intermediate resistance zones are identified in the $35–$40 range, with a longer-term target of $55.39 being projected.
Analyst Predict 0ver 460% LINK Price RallyConcurrently, several technical patterns support the ongoing bullish momentum for Chainlink. Crypto analyst ZAYKCharts highlighted two falling wedge patterns observed over the last three years.
The first wedge formed between 2021 and early 2022, while the second pattern developed between 2022 and late 2024. Both patterns culminated in bullish breakouts, signaling the end of Chainlink’s extended downtrend.
Subsequently, with its current trajectory, Chainlink price could be positioned for long-term growth. Analysts from ZAYKCharts have projected that LINK price could reach $55.39 if it sustains its current momentum and clears key resistance levels, a 467% rally.
The current LINK price rally has been further fueled by a 190% gain in Chainlink’s price since the breakout, reflecting increasing investor interest and strong market demand. Moreover, open interest in LINK derivatives has also risen by 13.82% in the last 24 hours, reaching $908.70 million.
LINK Price Technical Analysis, Will Bullish Momentum Persist?
On the LINK price 4hr chart, the Relative Strength Index (RSI) is moving above the 50 region reflecting the ongoing bullish momentum. However, the RSI has recently moved into the overbought region and is now below its signal line with a rating of 61.70 pointing to a potential correction soon.
Adding to the correction potential, the Moving Average Convergence Divergence (MACD) is converging reflecting the weakening bullish momentum. This MACD trend points to a consolidation phase looming backing the crypto analyst projection of a breakout to $34.
Moreover, the candlesticks have been consistently forming near the upper band without breaking below the middle band which is a signl to a strong bullish momentum.
Adding to the Chainlink price bullish momentum, the Chaikin Money Flow (CMF) is moving in the positive region which is an indication of rising buying momentum, hence potential LINK price bullish breakout to the upside looming.
#Chainlink #LINK #AltcoinSeason #cryptomarket #CryptoNews
🚨 $LINK
/USDT ALERT: Poised for a Breakout or Retracement! 🚨
$LINK is currently trading at $29.61, showing a modest gain of +1.13% within the last 24 hours. The token is consolidating after testing the $30.94 resistance, suggesting potential for further movement as market momentum builds.
💡 Key Levels to Watch:
Resistance: $30.94 – A break above this could pave the way for targets at $32.00 and $34.00.
Support: $27.53 – Failure to hold this level may lead to retracement toward $26.00 and $24.50.
📉 Potential Scenarios:
Bullish Case: Sustaining momentum above $30.94 can drive
into a new rally, targeting significant upside levels.
Bearish Risk: A dip below $27.53 might signal weakening trends, pushing $LINK toward lower support levels.
🔥 Trade Setup:
Long Entry: Above $30.94, with targets at $32.00 and $34.00.
Short Entry: Below $27.53, targeting $26.00 and $24.50.
Stay sharp as navigates this critical zone. With increasing volume and volatility, decisive moves may happen soon.
#Chainlink #CryptoSignals #LINKPrice #AltcoinTrends #TradingInsights
/USDT ALERT: Poised for a Breakout or Retracement! 🚨
$LINK is currently trading at $29.61, showing a modest gain of +1.13% within the last 24 hours. The token is consolidating after testing the $30.94 resistance, suggesting potential for further movement as market momentum builds.
💡 Key Levels to Watch:
Resistance: $30.94 – A break above this could pave the way for targets at $32.00 and $34.00.
Support: $27.53 – Failure to hold this level may lead to retracement toward $26.00 and $24.50.
📉 Potential Scenarios:
Bullish Case: Sustaining momentum above $30.94 can drive
into a new rally, targeting significant upside levels.
Bearish Risk: A dip below $27.53 might signal weakening trends, pushing $LINK toward lower support levels.
🔥 Trade Setup:
Long Entry: Above $30.94, with targets at $32.00 and $34.00.
Short Entry: Below $27.53, targeting $26.00 and $24.50.
Stay sharp as navigates this critical zone. With increasing volume and volatility, decisive moves may happen soon.
#Chainlink #CryptoSignals #LINKPrice #AltcoinTrends #TradingInsights
2 cryptocurrencies to reach a $50 billion market cap in 2025
The cryptocurrency market in 2024 has been a year of contrasts, marked by significant milestones and lingering economic uncertainty.
Bitcoin (BTC) shattered expectations by crossing the $100,000 mark for the first time, reigniting optimism in digital assets.
Yet, the broader economic backdrop remains volatile, raising questions about inflationary pressures and the Federal Reserve’s next moves.
Sui Network (SUI)
Sui Network (SUI) is rapidly establishing itself as a strong player with high-growth potential, aiming to achieve a $50 billion market cap by 2025.
Currently trading at $4.79 with a market cap of $14 billion, Sui would need a 257% increase in valuation to reach this ambitious milestone.
While the target is steep, a combination of factors, including ecosystem expansion, strategic partnerships, and robust market activity, make it a realistic possibility.
The network has consistently showcased robust growth, with its Total Value Locked (TVL) peaking at $1.84 billion in December and remaining above $1 billion since November, according to DefiLlama.
Meanwhile, Sui’s decentralized exchange (DEX) activity has seen record volumes, surpassing $35 billion in cumulative trading, indicating strong liquidity and user engagement within the ecosystem. Sui’s strategic partnerships are another critical factor fueling its rise.
Collaborations with major players like Franklin Templeton, Babylon Labs, and Lombard have enhanced its capabilities, including integrating Bitcoin liquidity and exploring programmable Bitcoin use cases. SUI market cap. Source: CoinMarketCap
SUI market cap. Source: CoinMarketCap
The integration of wallets like Phantom and Backpack has further expanded its accessibility, drawing in more users and institutional interest.
Technical analysts have likened Sui’s current price action to Solana’s (SOL) breakout in 2020-2021, which saw exponential growth, as Finbold reported.
If Sui can replicate this pattern while leveraging its expanding utility and strong market activity, it could attract significant capital inflows.
Combined with broader market dynamics and a growing ecosystem, Sui appears well-positioned to reach the $50 billion market cap milestone in 2025.
Chainlink (LINK)
Chainlink (LINK) is steadily solidifying its role as a critical infrastructure provider in the blockchain ecosystem, with recent developments fueling its potential to achieve a $50 billion market cap.
Currently trading at $28.15 with a market cap of $17.64 billion, the token has seen growing interest from institutional players and significant ecosystem advancements, signaling robust growth potential.
LINK was recently in the spotlight with Donald Trump backed World Liberty purchasing over $2 million worth of LINK at an average price of $24.20. This acquisition coincided with a notable 20% price increase, further highlighting the growing demand for the token.
Moreover, Chainlink’s role as a provider of cross-chain solutions continues to expand, driving its adoption across various sectors.
LINK market cap. Source: CoinMarketCap
For instance, recent announcements revealed the integration of Chainlink’s CCIP by the Ronin Ecosystem, a major gaming blockchain.
Additionally, Lista DAO, a liquid staking protocol, has upgraded Chainlink’s infrastructure, further solidifying its position as a critical player in decentralized finance.
Furthermore, Chainlink’s influence extends into traditional finance. Notably, 21X, a fintech firm in Europe, has integrated Chainlink’s infrastructure to support tokenized securities. This move strengthens its relevance in some of the world’s most tightly regulated financial markets.
With its increasing utility, strategic partnerships, and rising market demand, Chainlink is well-positioned to capture significant value. As a result, it offers traders and investors a compelling case for its journey toward a $50 billion market cap.
That being said, both Sui and Link are well-positioned to potentially reach the $50 billion market cap milestone, driven by ecosystem growth, emerging partnerships, and increasing adoption.
However, the volatility of the cryptocurrency market calls for cautious investment, with traders and investors needing to monitor trends and developments closely.
Disclamation: Recommendations, suggestions, views given by the crypto experts. It’s not financial advice. You must do your own research before investing crypto markets. Crypto Wolf is always trying to share valuable news for trading, staking, investing after our own research.
#BURNGMT #LINK #SUI #Chainlink #Matic
Bitcoin (BTC) shattered expectations by crossing the $100,000 mark for the first time, reigniting optimism in digital assets.
Yet, the broader economic backdrop remains volatile, raising questions about inflationary pressures and the Federal Reserve’s next moves.
Sui Network (SUI)
Sui Network (SUI) is rapidly establishing itself as a strong player with high-growth potential, aiming to achieve a $50 billion market cap by 2025.
Currently trading at $4.79 with a market cap of $14 billion, Sui would need a 257% increase in valuation to reach this ambitious milestone.
While the target is steep, a combination of factors, including ecosystem expansion, strategic partnerships, and robust market activity, make it a realistic possibility.
The network has consistently showcased robust growth, with its Total Value Locked (TVL) peaking at $1.84 billion in December and remaining above $1 billion since November, according to DefiLlama.
Meanwhile, Sui’s decentralized exchange (DEX) activity has seen record volumes, surpassing $35 billion in cumulative trading, indicating strong liquidity and user engagement within the ecosystem. Sui’s strategic partnerships are another critical factor fueling its rise.
Collaborations with major players like Franklin Templeton, Babylon Labs, and Lombard have enhanced its capabilities, including integrating Bitcoin liquidity and exploring programmable Bitcoin use cases. SUI market cap. Source: CoinMarketCap
SUI market cap. Source: CoinMarketCap
The integration of wallets like Phantom and Backpack has further expanded its accessibility, drawing in more users and institutional interest.
Technical analysts have likened Sui’s current price action to Solana’s (SOL) breakout in 2020-2021, which saw exponential growth, as Finbold reported.
If Sui can replicate this pattern while leveraging its expanding utility and strong market activity, it could attract significant capital inflows.
Combined with broader market dynamics and a growing ecosystem, Sui appears well-positioned to reach the $50 billion market cap milestone in 2025.
Chainlink (LINK)
Chainlink (LINK) is steadily solidifying its role as a critical infrastructure provider in the blockchain ecosystem, with recent developments fueling its potential to achieve a $50 billion market cap.
Currently trading at $28.15 with a market cap of $17.64 billion, the token has seen growing interest from institutional players and significant ecosystem advancements, signaling robust growth potential.
LINK was recently in the spotlight with Donald Trump backed World Liberty purchasing over $2 million worth of LINK at an average price of $24.20. This acquisition coincided with a notable 20% price increase, further highlighting the growing demand for the token.
Moreover, Chainlink’s role as a provider of cross-chain solutions continues to expand, driving its adoption across various sectors.
LINK market cap. Source: CoinMarketCap
For instance, recent announcements revealed the integration of Chainlink’s CCIP by the Ronin Ecosystem, a major gaming blockchain.
Additionally, Lista DAO, a liquid staking protocol, has upgraded Chainlink’s infrastructure, further solidifying its position as a critical player in decentralized finance.
Furthermore, Chainlink’s influence extends into traditional finance. Notably, 21X, a fintech firm in Europe, has integrated Chainlink’s infrastructure to support tokenized securities. This move strengthens its relevance in some of the world’s most tightly regulated financial markets.
With its increasing utility, strategic partnerships, and rising market demand, Chainlink is well-positioned to capture significant value. As a result, it offers traders and investors a compelling case for its journey toward a $50 billion market cap.
That being said, both Sui and Link are well-positioned to potentially reach the $50 billion market cap milestone, driven by ecosystem growth, emerging partnerships, and increasing adoption.
However, the volatility of the cryptocurrency market calls for cautious investment, with traders and investors needing to monitor trends and developments closely.
Disclamation: Recommendations, suggestions, views given by the crypto experts. It’s not financial advice. You must do your own research before investing crypto markets. Crypto Wolf is always trying to share valuable news for trading, staking, investing after our own research.
#BURNGMT #LINK #SUI #Chainlink #Matic
“Chainlink: Chiến lược lớn, nhưng liệu có đủ khả thi? 🤔🔗”
Chainlink đang xây dựng hệ sinh thái oracle với tham vọng định hình tương lai của DeFi và Web3, từ staking để tăng bảo mật, đến CCIP mở rộng khả năng kết nối blockchain. Nhưng câu hỏi đặt ra là:
• Quy mô có đủ lớn? Với 86% thị phần oracle, Chainlink hiện dẫn đầu, nhưng liệu họ có giữ vững vị trí này khi đối thủ như Band Protocol, API3 hoặc các tập đoàn công nghệ lớn tham gia vào mảng này?
• Chiến lược có bền vững? Dựa vào LINK staking và hệ thống phi tập trung là một lợi thế, nhưng việc phụ thuộc quá nhiều vào tokenomics có thể làm tăng rủi ro nếu thị trường biến động.
• Know-how có đủ để bảo vệ vị thế? Công nghệ tiên tiến như Cross-Chain Interoperability Protocol (CCIP) là độc đáo, nhưng các công ty lớn với nguồn lực mạnh như Google, AWS có thể dễ dàng vượt qua nếu họ quyết định tấn công thị trường này.
Chainlink đang đi đúng hướng, nhưng liệu họ có thể vượt qua những thách thức từ cả thị trường và các đối thủ lớn hơn? Thời gian sẽ trả lời!
FOLLOW ME TO HAVE MORE NEWS!
#Chainlink #BlockchainStrategy #DeFi #OracleMarket #CryptoLeadership $LINK
Chainlink đang xây dựng hệ sinh thái oracle với tham vọng định hình tương lai của DeFi và Web3, từ staking để tăng bảo mật, đến CCIP mở rộng khả năng kết nối blockchain. Nhưng câu hỏi đặt ra là:
• Quy mô có đủ lớn? Với 86% thị phần oracle, Chainlink hiện dẫn đầu, nhưng liệu họ có giữ vững vị trí này khi đối thủ như Band Protocol, API3 hoặc các tập đoàn công nghệ lớn tham gia vào mảng này?
• Chiến lược có bền vững? Dựa vào LINK staking và hệ thống phi tập trung là một lợi thế, nhưng việc phụ thuộc quá nhiều vào tokenomics có thể làm tăng rủi ro nếu thị trường biến động.
• Know-how có đủ để bảo vệ vị thế? Công nghệ tiên tiến như Cross-Chain Interoperability Protocol (CCIP) là độc đáo, nhưng các công ty lớn với nguồn lực mạnh như Google, AWS có thể dễ dàng vượt qua nếu họ quyết định tấn công thị trường này.
Chainlink đang đi đúng hướng, nhưng liệu họ có thể vượt qua những thách thức từ cả thị trường và các đối thủ lớn hơn? Thời gian sẽ trả lời!
FOLLOW ME TO HAVE MORE NEWS!
#Chainlink #BlockchainStrategy #DeFi #OracleMarket #CryptoLeadership $LINK
🗣️Happening Now
Chainlink (LINK) project exceeded the market value of $ 18.5 billion💰
🔴Thus exceeding the market value of SHIB and TON
🟢Does your wallet have #Chainlink project currency ?!
Yes 😎
Yes and a large percentage of the wallet ❤️
No 🔥
I had it and sold it 😁
#LINK🔥🔥🔥 $LINK
Chainlink (LINK) project exceeded the market value of $ 18.5 billion💰
🔴Thus exceeding the market value of SHIB and TON
🟢Does your wallet have #Chainlink project currency ?!
Yes 😎
Yes and a large percentage of the wallet ❤️
No 🔥
I had it and sold it 😁
#LINK🔥🔥🔥 $LINK
LINK Analysis : Bullish Momentum with 700% Moon Potential
#Chainlink #BullishMomentum #LINK🔥🔥🔥 #BinanceSquareFamily #Write2Earn!
$LINK
Key Analysis :
Chainlink (LINK) remains in a strong uptrend, defying its “dino coin” status. The chart signals continued bullish momentum driven by both technicals and solid fundamentals.
Technical Levels :
Key Resistance : $53 (critical breakout zone)
Support Zone : $42-$45 (buying opportunities on dips)
Moon Target : Potential 700% return from current levels
Why LINK Looks Bullish :
LINK has maintained its uptrend, showcasing resilience.
Strong fundamentals support long-term growth.
A clean breakout above $53 could trigger massive upside potential.
Pro Tip for Traders :
Watch for a daily close above $53 with rising volume to confirm a breakout.
Accumulate during dips near $42-$45 for a safer entry point.
Advice to Investors :
LINK is primed for a significant rally if resistance is breached. Consider scaling in now and holding for long-term returns.
Conclusion :
With solid fundamentals and a bullish chart structure, LINK offers a 700% moonshot opportunity, provided it clears $53 resistance.
#Chainlink #BullishMomentum #LINK🔥🔥🔥 #BinanceSquareFamily #Write2Earn!
$LINK
Key Analysis :
Chainlink (LINK) remains in a strong uptrend, defying its “dino coin” status. The chart signals continued bullish momentum driven by both technicals and solid fundamentals.
Technical Levels :
Key Resistance : $53 (critical breakout zone)
Support Zone : $42-$45 (buying opportunities on dips)
Moon Target : Potential 700% return from current levels
Why LINK Looks Bullish :
LINK has maintained its uptrend, showcasing resilience.
Strong fundamentals support long-term growth.
A clean breakout above $53 could trigger massive upside potential.
Pro Tip for Traders :
Watch for a daily close above $53 with rising volume to confirm a breakout.
Accumulate during dips near $42-$45 for a safer entry point.
Advice to Investors :
LINK is primed for a significant rally if resistance is breached. Consider scaling in now and holding for long-term returns.
Conclusion :
With solid fundamentals and a bullish chart structure, LINK offers a 700% moonshot opportunity, provided it clears $53 resistance.
$LINK
Infrastructure on the Rise! 🚀
🔹 Price: $30.14 (+8.14%)
🔹 24H High: $30.77
🔹 24H Low: $27.74
🔹 24H Volume:
LINK: 10.23M
USDT: $301.44M
📊 Market Depth:
Strong Support Zone: $28.60 - $30.88
Gainer Alert: LINK leads with solid growth!
📈 Analyze intervals: 15m | 1h | 4h | 1D to refine your strategy.
💡 Harness the power of infrastructure with LINK on Binance – the platform driving your success.
#Binance #LINK #CryptoTrading #Chainlink #LINKUSDT
Infrastructure on the Rise! 🚀
🔹 Price: $30.14 (+8.14%)
🔹 24H High: $30.77
🔹 24H Low: $27.74
🔹 24H Volume:
LINK: 10.23M
USDT: $301.44M
📊 Market Depth:
Strong Support Zone: $28.60 - $30.88
Gainer Alert: LINK leads with solid growth!
📈 Analyze intervals: 15m | 1h | 4h | 1D to refine your strategy.
💡 Harness the power of infrastructure with LINK on Binance – the platform driving your success.
#Binance #LINK #CryptoTrading #Chainlink #LINKUSDT
🚨 $LINK /USDT ALERT: Breakout Looming as Bulls Eye Critical Levels! 🚨
Chainlink is trading at $29.70, up +0.61% over the past 24 hours, as it recovers from recent lows and builds bullish momentum. Traders should focus on the following key levels for potential breakouts or retracements.
---
🔍 Key Targets to Monitor:
1️⃣ Target 1 – $30.00 (Psychological Resistance):
A breakout above this psychological level could confirm the start of a bullish trend, inviting more buying interest.
2️⃣ Target 2 – $30.69 (24-Hour High):
Breaching this level could lead to a sharp rally as traders look for LINK to test higher resistance levels.
3️⃣ Target 3 – $31.50 (Extended Bullish Target):
Sustained momentum above $30.69 could drive LINK toward $31.50, signaling a strong uptrend continuation.
---
🛑 Critical Support Levels:
$29.00: Immediate support zone. If LINK fails to maintain this level, it could retest $28.50 as the next support.
---
⚡️ Market Sentiment:
With 21.57% gains in the past 7 days and solid upward movement, LINK appears poised for a bullish breakout. However, rejection near $30.00 or $30.69 could lead to short-term consolidation.
---
📢 Pro Tip:
Wait for confirmed breakouts before entering positions. Use tight stop-losses near support zones to minimize risks and maximize gains in this volatile setup.
#LINK #Chainlink #CryptoSignals #TradingTips #Write2Earn #Share1BNBDaily
Chainlink is trading at $29.70, up +0.61% over the past 24 hours, as it recovers from recent lows and builds bullish momentum. Traders should focus on the following key levels for potential breakouts or retracements.
---
🔍 Key Targets to Monitor:
1️⃣ Target 1 – $30.00 (Psychological Resistance):
A breakout above this psychological level could confirm the start of a bullish trend, inviting more buying interest.
2️⃣ Target 2 – $30.69 (24-Hour High):
Breaching this level could lead to a sharp rally as traders look for LINK to test higher resistance levels.
3️⃣ Target 3 – $31.50 (Extended Bullish Target):
Sustained momentum above $30.69 could drive LINK toward $31.50, signaling a strong uptrend continuation.
---
🛑 Critical Support Levels:
$29.00: Immediate support zone. If LINK fails to maintain this level, it could retest $28.50 as the next support.
---
⚡️ Market Sentiment:
With 21.57% gains in the past 7 days and solid upward movement, LINK appears poised for a bullish breakout. However, rejection near $30.00 or $30.69 could lead to short-term consolidation.
---
📢 Pro Tip:
Wait for confirmed breakouts before entering positions. Use tight stop-losses near support zones to minimize risks and maximize gains in this volatile setup.
#LINK #Chainlink #CryptoSignals #TradingTips #Write2Earn #Share1BNBDaily
🚀 $VELODROME Soars Over 66%: Today’s Top Market Movers on Binance!
💎 SOL (Solana):
Price: $226
24H Growth: +1.04% 🌟
Solana remains steady as one of the top performers in blockchain scalability and innovation.
🔗 $LINK (Chainlink):
Price: $29.63
24H Growth: +3.17% 📈
Chainlink continues its upward trend, driven by rising demand in the DeFi ecosystem.
$SOL
🔥 VELODROME:
Price: $0.2467
24H Growth: +66.24% 🚀
The day’s biggest winner! VELODROME is taking the market by storm with its explosive gains. Will the momentum hold?
💡 Trade Smarter with Binance:
Don’t just watch the action—be part of it. Get the best trading tools and insights only on Binance!
#VELODROME #Solana #Chainlink #Binance #Wifey
💎 SOL (Solana):
Price: $226
24H Growth: +1.04% 🌟
Solana remains steady as one of the top performers in blockchain scalability and innovation.
🔗 $LINK (Chainlink):
Price: $29.63
24H Growth: +3.17% 📈
Chainlink continues its upward trend, driven by rising demand in the DeFi ecosystem.
$SOL
🔥 VELODROME:
Price: $0.2467
24H Growth: +66.24% 🚀
The day’s biggest winner! VELODROME is taking the market by storm with its explosive gains. Will the momentum hold?
💡 Trade Smarter with Binance:
Don’t just watch the action—be part of it. Get the best trading tools and insights only on Binance!
#VELODROME #Solana #Chainlink #Binance #Wifey
#Chainlink Ready for a Bullish Journey? 🚀
🔰 Key Levels:
🔹 Support Flip: $20.19 now acts as strong support.
🔹 Targets: $40 ➡️ $50 ➡️ $70 ➡️ $100+
🔹 Profit: Already 3x up from Our Entry
🔰 Breakout Highlights:
🔹 Both major breakouts of $LINK occurred around $13, followed by a strong retest at $9, confirming support before a powerful bounce.
🔹 Current journey is progressing from $9 retest to $30+, with multiple targets ahead.
🔰 Friendly Reminder:
In a bull market, don’t hold blindly. Book profits partially on big moves, and avoid being a HODLer into the next bear market.
👉 Let’s ride this wave but remember: Trade smart, stay informed!
#TechnicalAnalysis
#Breakout
#Altseason
$BTC
🔰 Key Levels:
🔹 Support Flip: $20.19 now acts as strong support.
🔹 Targets: $40 ➡️ $50 ➡️ $70 ➡️ $100+
🔹 Profit: Already 3x up from Our Entry
🔰 Breakout Highlights:
🔹 Both major breakouts of $LINK occurred around $13, followed by a strong retest at $9, confirming support before a powerful bounce.
🔹 Current journey is progressing from $9 retest to $30+, with multiple targets ahead.
🔰 Friendly Reminder:
In a bull market, don’t hold blindly. Book profits partially on big moves, and avoid being a HODLer into the next bear market.
👉 Let’s ride this wave but remember: Trade smart, stay informed!
#TechnicalAnalysis
#Breakout
#Altseason
$BTC
“LINK ‘quay xe’ đột ngột – Bài học từ tín hiệu giả trong thị trường crypto 🎢🚦”
Gần đây, Chainlink (LINK) đã có những biến động mạnh mẽ, với giá tăng vọt lên mức cao nhất trong 2 năm. Sáng nay, sau cơn bùng nổ to the moon của AVA, LINK bất ngờ cũng vượt đỉnh mọi thời đại với giá gần 31 USD.  Tuy nhiên, ngay sau đó, LINK đã trải qua một đợt điều chỉnh đáng kể, khiến nhiều nhà đầu tư bất ngờ.
Bài học rút ra:
Đừng để sự tăng trưởng đột phá của một đồng coin như AVA làm bạn lầm tưởng rằng các đồng coin khác cũng sẽ có xu hướng tương tự. Mỗi dự án có những yếu tố cơ bản và động lực riêng biệt. Việc dự đoán dựa trên hiệu suất của đồng coin khác có thể dẫn đến những quyết định đầu tư sai lầm.
Lời khuyên:
• Phân tích kỹ lưỡng từng dự án: Trước khi đầu tư, hãy nghiên cứu sâu về dự án, đội ngũ phát triển, lộ trình và các yếu tố ảnh hưởng đến giá trị của nó.
• Tránh FOMO (Fear of Missing Out): Đừng để cảm xúc chi phối quyết định đầu tư. Hãy dựa trên dữ liệu và phân tích thực tế.
• Quản lý rủi ro: Đặt mức stop-loss và không đầu tư số tiền bạn không thể mất.
Kết luận:
Thị trường crypto đầy biến động và không thể đoán trước. Việc nhận diện tín hiệu giả và hiểu rõ bản chất của từng đồng coin sẽ giúp bạn tránh được những “cú quay xe” bất ngờ.
Bạn đã từng trải qua tình huống tương tự chưa? Chia sẻ kinh nghiệm của bạn! 👇
#Chainlink #CryptoLessons #InvestmentTips #LINK #TradeWisely $LINK
Gần đây, Chainlink (LINK) đã có những biến động mạnh mẽ, với giá tăng vọt lên mức cao nhất trong 2 năm. Sáng nay, sau cơn bùng nổ to the moon của AVA, LINK bất ngờ cũng vượt đỉnh mọi thời đại với giá gần 31 USD.  Tuy nhiên, ngay sau đó, LINK đã trải qua một đợt điều chỉnh đáng kể, khiến nhiều nhà đầu tư bất ngờ.
Bài học rút ra:
Đừng để sự tăng trưởng đột phá của một đồng coin như AVA làm bạn lầm tưởng rằng các đồng coin khác cũng sẽ có xu hướng tương tự. Mỗi dự án có những yếu tố cơ bản và động lực riêng biệt. Việc dự đoán dựa trên hiệu suất của đồng coin khác có thể dẫn đến những quyết định đầu tư sai lầm.
Lời khuyên:
• Phân tích kỹ lưỡng từng dự án: Trước khi đầu tư, hãy nghiên cứu sâu về dự án, đội ngũ phát triển, lộ trình và các yếu tố ảnh hưởng đến giá trị của nó.
• Tránh FOMO (Fear of Missing Out): Đừng để cảm xúc chi phối quyết định đầu tư. Hãy dựa trên dữ liệu và phân tích thực tế.
• Quản lý rủi ro: Đặt mức stop-loss và không đầu tư số tiền bạn không thể mất.
Kết luận:
Thị trường crypto đầy biến động và không thể đoán trước. Việc nhận diện tín hiệu giả và hiểu rõ bản chất của từng đồng coin sẽ giúp bạn tránh được những “cú quay xe” bất ngờ.
Bạn đã từng trải qua tình huống tương tự chưa? Chia sẻ kinh nghiệm của bạn! 👇
#Chainlink #CryptoLessons #InvestmentTips #LINK #TradeWisely $LINK
🚨 $LINK Consolidates at $29.20: Will Bulls Drive It Above $29.62? 🚨
Chainlink ($LINK ) is currently trading at $29.20, showing a modest 0.69% gain as it stabilizes after a sharp recovery from its recent low of $28.02. The price tested a high of $29.62 earlier but faced resistance, indicating that buyers need more momentum to push LINK beyond this level.
Immediate upside targets are set at $29.50 and $29.62, with a breakout potentially leading to a test of the next psychological barrier near $29.88. On the downside, support holds at $29.11, with further safety at $28.53. The RSI at 60.1 suggests moderate strength, leaving room for further bullish movement. Meanwhile, the MACD histogram shows a recovery trend, hinting at sustained upward momentum.
If LINK can break past resistance with increased volume, it could signal a stronger push towards $30. Watch these levels closely as the market looks poised for decisive action.
#Chainlink #SuiHitsNewATH #BitcoinKeyZone
Chainlink ($LINK ) is currently trading at $29.20, showing a modest 0.69% gain as it stabilizes after a sharp recovery from its recent low of $28.02. The price tested a high of $29.62 earlier but faced resistance, indicating that buyers need more momentum to push LINK beyond this level.
Immediate upside targets are set at $29.50 and $29.62, with a breakout potentially leading to a test of the next psychological barrier near $29.88. On the downside, support holds at $29.11, with further safety at $28.53. The RSI at 60.1 suggests moderate strength, leaving room for further bullish movement. Meanwhile, the MACD histogram shows a recovery trend, hinting at sustained upward momentum.
If LINK can break past resistance with increased volume, it could signal a stronger push towards $30. Watch these levels closely as the market looks poised for decisive action.
#Chainlink #SuiHitsNewATH #BitcoinKeyZone
LINKUSD rally similar to 2020/21 has started.
Chainlink (LINKUSD) gave us a fantastic bullish break-out on our last call (October 01, see chart below) as it was pretty much expected based on the 2020 Cycle fractal:
Based on the chart above, our $53.00 Target remains for this Bull Cycle (4.382 Fibonacci extension) but if you want to trade shorter term, the dominant pattern right now (until broken) is the Channel Up that started after the June 10 2023 bottom.
Having formed a 1D Golden Cross just 2 weeks ago, we can see the resemblance of the current Bullish Leg of the Channel Up with the previous one, which was also confirmed after the last 1D Golden Cross was formed on October 12 2023.
The similarities are evident even on their 1W MACD sequences and as that Bullish Leg rose by +361.50%, we expect a similar pattern. This gives us a short-term Target of $40.00.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
#LINK🔥🔥🔥 #LINKUSDT #LINKUSD #Chainlink #signals
Based on the chart above, our $53.00 Target remains for this Bull Cycle (4.382 Fibonacci extension) but if you want to trade shorter term, the dominant pattern right now (until broken) is the Channel Up that started after the June 10 2023 bottom.
Having formed a 1D Golden Cross just 2 weeks ago, we can see the resemblance of the current Bullish Leg of the Channel Up with the previous one, which was also confirmed after the last 1D Golden Cross was formed on October 12 2023.
The similarities are evident even on their 1W MACD sequences and as that Bullish Leg rose by +361.50%, we expect a similar pattern. This gives us a short-term Target of $40.00.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
#LINK🔥🔥🔥 #LINKUSDT #LINKUSD #Chainlink #signals
Square-Creator-e67e966dbafa25fb8d23:
I mean which indicator did you use for trading view
3 Key Signals Indicate Chainlink Price Could Surge to $50
Chainlink Reaches New Highs
The price of Chainlink (LINK) has continued its strong growth this week, reaching $29.4, its highest level since November 2021. The largest Oracle network in the crypto industry has been growing for four consecutive weeks, marking its longest positive streak since 2023.
1. Whales Accumulating LINK
According to data from Santiment, whales—wallets holding more than 100,000 LINK tokens—have accumulated 5.69 million LINK over the past two months. On the other hand, smaller holders (holding less than 100,000 LINK) sold 5.67 million LINK. This dynamic, where whales accumulate while smaller investors sell, is historically a bullish signal for price growth.
Whales are also transferring LINK off exchanges. For example, one whale recently moved LINK worth $1.7 million from Coinbase. The total number of Chainlink tokens on exchanges has dropped over the past seven days to 254.4 million, confirming a downward trend in available market supply.
2. Significant Partnerships
Chainlink has recently established several major partnerships that could boost its ecosystem growth:
Coinbase and Emirates NBD: Emirates NBD is a bank with over $200 billion in assets.Swift Network: Swift conducted a large-scale tokenization transaction with UBS, the world’s largest wealth manager, and plans to integrate Chainlink’s technology into its system. Swift processes over $150 trillion in global transactions annually.
Thanks to these collaborations, Chainlink has become the leading Oracle network, securing a value of more than $38 billion, which exceeds the combined value of all other top 10 Oracle projects.
3. Strong Technical Analysis
Technical indicators for Chainlink suggest a continued bullish trend. On the weekly chart, the price recently broke through the key resistance level at $22.85, which was the highest point in March this year.
Other key factors include:
Breaking above the 50% Fibonacci retracement level, indicating further growth.The Percentage Price Oscillator has moved above the zero line, confirming bullish sentiment.
The next critical level to watch is the all-time high of $52, which would represent an 88% increase from the current price. However, if the price falls below the $22.85 support level, the bullish outlook would be invalidated.
Conclusion
With whales accumulating, strong partnerships, and favorable technical indicators, Chainlink has the potential to reach new highs. A price of $50 seems achievable if the current trends persist.
#Chainlink , #CryptoNewss , #LINK🔥🔥🔥 , #Cryptocurrencies , #CryptoUpdate
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
The price of Chainlink (LINK) has continued its strong growth this week, reaching $29.4, its highest level since November 2021. The largest Oracle network in the crypto industry has been growing for four consecutive weeks, marking its longest positive streak since 2023.
1. Whales Accumulating LINK
According to data from Santiment, whales—wallets holding more than 100,000 LINK tokens—have accumulated 5.69 million LINK over the past two months. On the other hand, smaller holders (holding less than 100,000 LINK) sold 5.67 million LINK. This dynamic, where whales accumulate while smaller investors sell, is historically a bullish signal for price growth.
Whales are also transferring LINK off exchanges. For example, one whale recently moved LINK worth $1.7 million from Coinbase. The total number of Chainlink tokens on exchanges has dropped over the past seven days to 254.4 million, confirming a downward trend in available market supply.
2. Significant Partnerships
Chainlink has recently established several major partnerships that could boost its ecosystem growth:
Coinbase and Emirates NBD: Emirates NBD is a bank with over $200 billion in assets.Swift Network: Swift conducted a large-scale tokenization transaction with UBS, the world’s largest wealth manager, and plans to integrate Chainlink’s technology into its system. Swift processes over $150 trillion in global transactions annually.
Thanks to these collaborations, Chainlink has become the leading Oracle network, securing a value of more than $38 billion, which exceeds the combined value of all other top 10 Oracle projects.
3. Strong Technical Analysis
Technical indicators for Chainlink suggest a continued bullish trend. On the weekly chart, the price recently broke through the key resistance level at $22.85, which was the highest point in March this year.
Other key factors include:
Breaking above the 50% Fibonacci retracement level, indicating further growth.The Percentage Price Oscillator has moved above the zero line, confirming bullish sentiment.
The next critical level to watch is the all-time high of $52, which would represent an 88% increase from the current price. However, if the price falls below the $22.85 support level, the bullish outlook would be invalidated.
Conclusion
With whales accumulating, strong partnerships, and favorable technical indicators, Chainlink has the potential to reach new highs. A price of $50 seems achievable if the current trends persist.
#Chainlink , #CryptoNewss , #LINK🔥🔥🔥 , #Cryptocurrencies , #CryptoUpdate
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“