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Scalpers Rejoice! Top Analyst Predicts Chainlink (LINK) Short-Term Surge Here are some points about the predicted Chainlink (LINK) short-term surge: - A popular cryptocurrency analyst, CryptoWzrd, has predicted a short-term surge in Chainlink (LINK) - The analyst expects a continued downward trend in LINK, but also sees a potential "scalping" opportunity for traders ¹. - Scalping refers to a high-frequency trading strategy that involves capitalizing on minor price fluctuations within a short timeframe ¹. - The analyst believes that the current bearish trend in LINK presents an entry point for scalping tactics ¹. - The Relative Strength Index (RSI) is neutral, with a value of 45.80, indicating that the cryptocurrency is neither overbought nor oversold ¹. - The Fear & Greed Index stands at 75, indicating a high level of investor confidence, typically associated with a bullish market phase #LINK🔥🔥🔥 #ChainlinkUpdate
Scalpers Rejoice! Top Analyst Predicts Chainlink (LINK) Short-Term Surge

Here are some points about the predicted Chainlink (LINK) short-term surge:
- A popular cryptocurrency analyst, CryptoWzrd, has predicted a short-term surge in Chainlink (LINK)
- The analyst expects a continued downward trend in LINK, but also sees a potential "scalping" opportunity for traders ¹.
- Scalping refers to a high-frequency trading strategy that involves capitalizing on minor price fluctuations within a short timeframe ¹.
- The analyst believes that the current bearish trend in LINK presents an entry point for scalping tactics ¹.
- The Relative Strength Index (RSI) is neutral, with a value of 45.80, indicating that the cryptocurrency is neither overbought nor oversold ¹.
- The Fear & Greed Index stands at 75, indicating a high level of investor confidence, typically associated with a bullish market phase

#LINK🔥🔥🔥 #ChainlinkUpdate
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NYSE Glitch Underscores Need for Decentralized Oracles – Is Chainlink the Answer? Today's NYSE trading halt, triggered by a technical glitch, sent shockwaves through the market. While the issue was resolved, it's a stark reminder of the vulnerabilities inherent in centralized systems. Could decentralized oracle networks like Chainlink be the solution to prevent future disruptions? Chainlink, a blockchain-based network, provides tamper-proof and reliable data feeds to smart contracts. By leveraging decentralized nodes, it eliminates single points of failure, ensuring data integrity and accuracy. This could be crucial for stock exchanges, where real-time, accurate price data is paramount. Key Advantages of Chainlink for Stock Exchanges: ‣ Decentralization: Eliminates single points of failure, reducing the risk of market disruptions. ‣ Data Integrity: Provides tamper-proof price feeds, ensuring accurate and reliable data. ‣ Real-Time Updates: Delivers real-time data to prevent trading halts due to outdated information. Questions for the Community: ‣ Could Chainlink integration prevent similar glitches in the future? ‣ How would decentralized oracles impact traditional financial markets? ‣ Is the stock market ready for blockchain-based solutions? Let's discuss! $LINK #ChainlinkUpdate #LINK🔥🔥🔥 #NYSE #DeFi
NYSE Glitch Underscores Need for Decentralized Oracles – Is Chainlink the Answer?

Today's NYSE trading halt, triggered by a technical glitch, sent shockwaves through the market. While the issue was resolved, it's a stark reminder of the vulnerabilities inherent in centralized systems. Could decentralized oracle networks like Chainlink be the solution to prevent future disruptions?
Chainlink, a blockchain-based network, provides tamper-proof and reliable data feeds to smart contracts. By leveraging decentralized nodes, it eliminates single points of failure, ensuring data integrity and accuracy. This could be crucial for stock exchanges, where real-time, accurate price data is paramount.

Key Advantages of Chainlink for Stock Exchanges:
‣ Decentralization: Eliminates single points of failure, reducing the risk of market disruptions.
‣ Data Integrity: Provides tamper-proof price feeds, ensuring accurate and reliable data.
‣ Real-Time Updates: Delivers real-time data to prevent trading halts due to outdated information.

Questions for the Community:
‣ Could Chainlink integration prevent similar glitches in the future?
‣ How would decentralized oracles impact traditional financial markets?
‣ Is the stock market ready for blockchain-based solutions?
Let's discuss!

$LINK
#ChainlinkUpdate #LINK🔥🔥🔥 #NYSE #DeFi
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💰$LINK Chainlink's market value is up +14% in the last 8 hours, breaking away from the altcoin pack. 🗣️There are now 564 whales with a LINK capital of over 100 thousand, which is +4.6% in just 5 weeks. If social dominance calms down and FOMO doesn't take over, 🐂bullish conditions are ahead #link #ChainlinkUpdate #notcoin
💰$LINK Chainlink's market value is up +14% in the last 8 hours, breaking away from the altcoin pack.

🗣️There are now 564 whales with a LINK capital of over 100 thousand, which is +4.6% in just 5 weeks. If social dominance calms down and FOMO doesn't take over, 🐂bullish conditions are ahead #link #ChainlinkUpdate #notcoin
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Hong Kong fintech company RD Technologies integrates Chainlink CCIP and Proof of Reserve protocols to support the HKDR stablecoin (backed 1:1 by the Hong Kong dollar) $LINK #ChainlinkUpdate
Hong Kong fintech company RD Technologies
integrates Chainlink CCIP and Proof of Reserve protocols to support the HKDR stablecoin (backed 1:1 by the Hong Kong dollar) $LINK
#ChainlinkUpdate
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RKY Chainlink Update 📊 1. Liquidation Levels Recent liquidation hunt at $12, with the next level at $10. 2. Technical Analysis (TA) TA shows signs of price manipulation before an expected expansion. 3. Price Targets We're looking at $10, then $8 and $6 as potential targets. 4. LINK Current Market Sentiment Right now, the market sentiment is bearish. 5. Change Watch If the weekly closing price goes above $13.13, we might change our view. Keep an eye on the higher timeframes for the overall trend, while the lower timeframes can be noisy but tend to follow the big picture. Stay tuned for more updates! 📈 #ChainlinkUpdate #LINKUSDT
RKY Chainlink Update 📊

1. Liquidation Levels

Recent liquidation hunt at $12, with the next level at $10.

2. Technical Analysis (TA)

TA shows signs of price manipulation before an expected expansion.

3. Price Targets

We're looking at $10, then $8 and $6 as potential targets.

4. LINK Current Market Sentiment

Right now, the market sentiment is bearish.

5. Change Watch

If the weekly closing price goes above $13.13, we might change our view.

Keep an eye on the higher timeframes for the overall trend, while the lower timeframes can be noisy but tend to follow the big picture. Stay tuned for more updates! 📈

#ChainlinkUpdate
#LINKUSDT
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🔄🔗 Chainlink (LINK) at Reversal Point, Targeting 20% Rally Ahead! 📈🎯 Chainlink (LINK) appears poised for a potential reversal, eyeing a significant 20% upward rally as it reaches a pivotal juncture in its trajectory! 🚀💹 📉 Reversal Signals Detected 🔍📈 Indicators suggest that Chainlink might be approaching a turning point in its price action, signaling a potential shift from recent trends toward a bullish upswing. 🎯 20% Upside Potential in Focus 💫📈 The cryptocurrency's current stance at this reversal point suggests a target of a notable 20% rally, potentially positioning it for a substantial upward movement. 🔄 Market Dynamics at Play 🌐💡 The dynamics within the market, coupled with changing investor sentiments and technical indicators, hint at a possible shift in Chainlink's price trajectory towards the upside. 📊 Implications for LINK Holders and Traders 💼💰 For LINK holders and traders, this potential reversal signifies a pivotal moment. Keeping a close watch on the market developments could present opportunities to capitalize on potential price movements. Chainlink's position at this reversal point paints an intriguing picture, indicating the possibility of a 20% upward rally. As the cryptocurrency navigates this crucial phase, it's a moment of anticipation and opportunity for investors and traders eyeing potential gains in the LINK market. 🚀🔗 #BinanceTournament #ChainlinkUpdate
🔄🔗 Chainlink (LINK) at Reversal Point, Targeting 20% Rally Ahead! 📈🎯

Chainlink (LINK) appears poised for a potential reversal, eyeing a significant 20% upward rally as it reaches a pivotal juncture in its trajectory! 🚀💹
📉 Reversal Signals Detected 🔍📈
Indicators suggest that Chainlink might be approaching a turning point in its price action, signaling a potential shift from recent trends toward a bullish upswing.
🎯 20% Upside Potential in Focus 💫📈
The cryptocurrency's current stance at this reversal point suggests a target of a notable 20% rally, potentially positioning it for a substantial upward movement.
🔄 Market Dynamics at Play 🌐💡
The dynamics within the market, coupled with changing investor sentiments and technical indicators, hint at a possible shift in Chainlink's price trajectory towards the upside.
📊 Implications for LINK Holders and Traders 💼💰
For LINK holders and traders, this potential reversal signifies a pivotal moment. Keeping a close watch on the market developments could present opportunities to capitalize on potential price movements.
Chainlink's position at this reversal point paints an intriguing picture, indicating the possibility of a 20% upward rally. As the cryptocurrency navigates this crucial phase, it's a moment of anticipation and opportunity for investors and traders eyeing potential gains in the LINK market. 🚀🔗
#BinanceTournament #ChainlinkUpdate
📈 Chainlink's price could rise by 45% following sustained support-resistance flips as LINK sentiment undergoes a shift. 📈 Chainlink (LINK) price showing bullish bias: Following a robust breakout in October, Chainlink (LINK) price is displaying a bullish bias, rallying alongside the broader market. The prospects for further gains appear promising as LINK bulls demonstrate strength. 🚀 Chainlink price could rally 45%: After breaking out from a 550-day consolidation, Chainlink price is moving within an ascending parallel channel. The recent support-resistance flips at $13.08 and $16.86 indicate a shift in market sentiment from bearish to bullish, with previous resistance levels now acting as support. 📊 Multiple technical indicators align: The Relative Strength Index (RSI), Awesome Oscillator (AO), and Moving Average Convergence Divergence (MACD) are all indicating bullish momentum. A pending buy signal in the RSI, along with positive readings in the AO and MACD, suggests favorable conditions for long positions. 🎯 Potential targets and scenarios: The next likely target for Chainlink price is the $28.71 resistance level, representing a 45% climb from current levels. In a highly bullish scenario, LINK could even reach the $37.00 resistance level. However, a rejection from the midline of the channel could lead to a drop below key support levels at $18.32 and $16.86. ⚠️ Risk considerations: Despite the bullish outlook, a descent below crucial support levels at $13.08 would invalidate the bullish thesis, potentially signaling further downside for LINK price. #ChainlinkUpdate #LINKPrice #LINK/USDT🌐 #priceprediction
📈 Chainlink's price could rise by 45% following sustained support-resistance flips as LINK sentiment undergoes a shift.

📈 Chainlink (LINK) price showing bullish bias: Following a robust breakout in October, Chainlink (LINK) price is displaying a bullish bias, rallying alongside the broader market. The prospects for further gains appear promising as LINK bulls demonstrate strength.

🚀 Chainlink price could rally 45%: After breaking out from a 550-day consolidation, Chainlink price is moving within an ascending parallel channel. The recent support-resistance flips at $13.08 and $16.86 indicate a shift in market sentiment from bearish to bullish, with previous resistance levels now acting as support.

📊 Multiple technical indicators align: The Relative Strength Index (RSI), Awesome Oscillator (AO), and Moving Average Convergence Divergence (MACD) are all indicating bullish momentum. A pending buy signal in the RSI, along with positive readings in the AO and MACD, suggests favorable conditions for long positions.

🎯 Potential targets and scenarios: The next likely target for Chainlink price is the $28.71 resistance level, representing a 45% climb from current levels. In a highly bullish scenario, LINK could even reach the $37.00 resistance level. However, a rejection from the midline of the channel could lead to a drop below key support levels at $18.32 and $16.86.

⚠️ Risk considerations: Despite the bullish outlook, a descent below crucial support levels at $13.08 would invalidate the bullish thesis, potentially signaling further downside for LINK price.

#ChainlinkUpdate #LINKPrice #LINK/USDT🌐 #priceprediction
What Will be My Portfolio If ChainLink(LINK) Price Hits $50? Recently, the cryptocurrency market witnessed a surge in the price of Chainlink (LINK), with its value increasing by over 20% in a single day. Moreover, the market capitalization of Chainlink spiked by 14%, reflecting a growing interest among investors and enthusiasts. With hopes soaring high, many are eyeing a significant milestone: the price hitting $20 and beyond, with aspirations of reaching the coveted $50 mark, last seen three years ago.Although LINK reached its all-time high of $52.88 on May 10, 2021, its value has since dropped by 69.48%, to trade at $16.26 today. The token boasts of a market capitalization of $9.5 billion, securing its position as the 16th biggest cryptocurrency, according to CoinMarketCap.However, Chainlink has experienced a decline of 9.8% in its trading volume in the last day, reaching $871.5 million. Investing in Chainlink (LINK) at the present value of $16.2 provides an opportunity for potential for profits if the price increases to $50. Suppose you decide to increase the investment amount to $2,000. With this amount, your investment value will soar to $6,148, resulting in a profit of $4,148. This results in a ROI of around 207.4%, aligned with Scenario 1’s percentage increase due to the higher investment. Should you become a bit adventurous and invest $5,000 at the current price, you would obtain approximately 307.40 LINK coins. If the value of the investment reaches $50, your total value would be $15,370.00, resulting in a profit of $10,370.00. This equates to a ROI of around 207.4%, in line with the ROI figures seen in the previous situations. In every scenario, the expected profit and return on investment depend on the belief that the value of Chainlink will hit $50. Nevertheless, one must keep in mind that the cryptocurrency markets are unpredictable, and results may differ. Thorough research and evaluating risk factors are vital when making any investment. #chainlink #ChainlinkUpdate #buythedip #MicroStrategy #altcoins
What Will be My Portfolio If ChainLink(LINK) Price Hits $50?
Recently, the cryptocurrency market witnessed a surge in the price of Chainlink (LINK), with its value increasing by over 20% in a single day. Moreover, the market capitalization of Chainlink spiked by 14%, reflecting a growing interest among investors and enthusiasts. With hopes soaring high, many are eyeing a significant milestone: the price hitting $20 and beyond, with aspirations of reaching the coveted $50 mark, last seen three years ago.Although LINK reached its all-time high of $52.88 on May 10, 2021, its value has since dropped by 69.48%, to trade at $16.26 today. The token boasts of a market capitalization of $9.5 billion, securing its position as the 16th biggest cryptocurrency, according to CoinMarketCap.However, Chainlink has experienced a decline of 9.8% in its trading volume in the last day, reaching $871.5 million. Investing in Chainlink (LINK) at the present value of $16.2 provides an opportunity for potential for profits if the price increases to $50.
Suppose you decide to increase the investment amount to $2,000. With this amount, your investment value will soar to $6,148, resulting in a profit of $4,148. This results in a ROI of around 207.4%, aligned with Scenario 1’s percentage increase due to the higher investment. Should you become a bit adventurous and invest $5,000 at the current price, you would obtain approximately 307.40 LINK coins. If the value of the investment reaches $50, your total value would be $15,370.00, resulting in a profit of $10,370.00. This equates to a ROI of around 207.4%, in line with the ROI figures seen in the previous situations.
In every scenario, the expected profit and return on investment depend on the belief that the value of Chainlink will hit $50. Nevertheless, one must keep in mind that the cryptocurrency markets are unpredictable, and results may differ. Thorough research and evaluating risk factors are vital when making any investment.
#chainlink #ChainlinkUpdate #buythedip #MicroStrategy #altcoins
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The New Pushd (PUSHD) Presale Could Make Tough Competition for eBay. Investors from Chainlink (LINK)Online marketplaces have now gained immense popularity as individuals prefer the ease of buying and selling online over the rigorous conditions of traditional markets. When it comes to online buying and selling, eBay comes to mind. Nevertheless, despite being one of the major online marketplaces, eBay has its setbacks which pose difficulty for both buyers and sellers. A few of these setbacks are seen in subsequent paragraphs. First, unlike other popular marketplaces, eBay is popular for charging high fees and commissions on goods. For sellers, this may be difficult to gain profits eventually. In fact, you may even have to pay for little things like listings, scheduling, and final value fees. On the other hand, buyers may have to pay for payment processing especially if you make use of Paypal. Do not flinch; what if you could make use of another marketplace such as Pushd (PUSHD) where you can evade ridiculous high fees? Pushd (PUSHD) is a new Web3 marketplace created to make online buying and selling stress-free for individuals. Additionally,  unlike eBay, Pushd (PUSHD) requires no KYC processes involved with buying and selling so you do not have to be worried. This makes Pushd (PUSHD) a better alternative to eBay or other online marketplaces. Why Pick Your Next Investment in Pushd (PUSHD) Rather than Chainlink (LINK) or Polygon (MATIC)? While the crypto market is known for being risky, investors are on the lookout for risk-worthy investment opportunities. Over the years, Chainlink (LINK) and Polygon (MATIC) have seen more ups and downs, and investing in them may not be a smart decision now socially if there is a better opportunity like Pushd (PUSHD). On the one hand, Chainlink (LINK) higher volatility gives concern to investors. You wouldn’t want to invest in a coin that easily fluctuates like Cameleon and not generate enough revenues eventually. On the other hand, Polygon’s (MATIC) dependence on the popular Ethereum blockchain network limits its worth. This means that the death of Ethereum ultimately leads to the end of Polygon (MATIC). Moreover, in 2021,  Polygon (MATIC) was attacked leaving hackers to cart away 801,601 Matic tokens. However, recently, there has been a new investment opportunity available to investors called Pushd (PUSHD). Pushd (PUSHD) is where every investor is picking their next investment. Pushd (PUSHD), the Future of the Crypto World and Online Marketplaces Like other marketplaces, Pushd (PUSHD) is a fully decentralized marketplace here to make online buying and selling easier, safer, and faster. In addition, Pushd (PUSHD) is different in that it addresses the high fees associated with buying and selling in the online space. Moreover, Pushd (PUSHD) offers instant deposits and withdrawals for clients. You don’t have to worry about network failures as it is built on blockchain technology. Furthermore, the presale token holders will have the chance to propose changes to the platform when it launches. Even more, is that you can earn by taking part in rewards and VIP programs. Pushd (PUSHD) is at stage 3 of the presale and seen many investors dive into the project, this is the best chance to pick your investment opportunity. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #ChainlinkUpdate #Link $LINK

The New Pushd (PUSHD) Presale Could Make Tough Competition for eBay. Investors from Chainlink (LINK)

Online marketplaces have now gained immense popularity as individuals prefer the ease of buying and selling online over the rigorous conditions of traditional markets. When it comes to online buying and selling, eBay comes to mind.
Nevertheless, despite being one of the major online marketplaces, eBay has its setbacks which pose difficulty for both buyers and sellers. A few of these setbacks are seen in subsequent paragraphs.
First, unlike other popular marketplaces, eBay is popular for charging high fees and commissions on goods. For sellers, this may be difficult to gain profits eventually. In fact, you may even have to pay for little things like listings, scheduling, and final value fees. On the other hand, buyers may have to pay for payment processing especially if you make use of Paypal.
Do not flinch; what if you could make use of another marketplace such as Pushd (PUSHD) where you can evade ridiculous high fees? Pushd (PUSHD) is a new Web3 marketplace created to make online buying and selling stress-free for individuals.
Additionally,  unlike eBay, Pushd (PUSHD) requires no KYC processes involved with buying and selling so you do not have to be worried. This makes Pushd (PUSHD) a better alternative to eBay or other online marketplaces.
Why Pick Your Next Investment in Pushd (PUSHD) Rather than Chainlink (LINK) or Polygon (MATIC)?
While the crypto market is known for being risky, investors are on the lookout for risk-worthy investment opportunities. Over the years, Chainlink (LINK) and Polygon (MATIC) have seen more ups and downs, and investing in them may not be a smart decision now socially if there is a better opportunity like Pushd (PUSHD).
On the one hand, Chainlink (LINK) higher volatility gives concern to investors. You wouldn’t want to invest in a coin that easily fluctuates like Cameleon and not generate enough revenues eventually.
On the other hand, Polygon’s (MATIC) dependence on the popular Ethereum blockchain network limits its worth. This means that the death of Ethereum ultimately leads to the end of Polygon (MATIC).
Moreover, in 2021,  Polygon (MATIC) was attacked leaving hackers to cart away 801,601 Matic tokens.
However, recently, there has been a new investment opportunity available to investors called Pushd (PUSHD). Pushd (PUSHD) is where every investor is picking their next investment.
Pushd (PUSHD), the Future of the Crypto World and Online Marketplaces
Like other marketplaces, Pushd (PUSHD) is a fully decentralized marketplace here to make online buying and selling easier, safer, and faster. In addition, Pushd (PUSHD) is different in that it addresses the high fees associated with buying and selling in the online space.
Moreover, Pushd (PUSHD) offers instant deposits and withdrawals for clients. You don’t have to worry about network failures as it is built on blockchain technology.
Furthermore, the presale token holders will have the chance to propose changes to the platform when it launches. Even more, is that you can earn by taking part in rewards and VIP programs.
Pushd (PUSHD) is at stage 3 of the presale and seen many investors dive into the project, this is the best chance to pick your investment opportunity.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ChainlinkUpdate #Link $LINK
Chainlink (LINK) Experiences 7.5% Price Surge Anticipating a Major RallyChainlink on-chain data flashes signs of growth as the number of active addresses within the Chainlink network has increased from 2,900 on May 18 to 11,300 on May 21. LINK costs $22. Oracle service provider Chainlink has largely decoupled from the broader market correction, up more than 6% in the past 24 hours. As of press time, Chainlink (LINK) is trading near its key resistance of $17.5 and its market cap has surpassed $10.1 billion. Additionally, the daily trading volume for LINK has also increased by 80% to $858 million. Chainlink On-Chain Data Flashes Bullish Signal According to insights from on-chain data provider Santiment, Chainlink (LINK) has emerged as one of the top performers in the cryptocurrency market, crossing the $17.50 mark for the first time in six weeks. Today’s on-chain analysis reveals a striking trend: for every one Chainlink transaction recorded in a loss, there are 11 transactions showing a profit. This remarkable ratio marks the highest level observed since December 8, 2022, indicating a strong bullish sentiment around Chainlink’s recent price movements. This Breakout Can Trigger Major Surge for LINK Price The current Chainlink price is facing resistance due to the daily bearish order block, where key market participants have historically placed sell orders at $17.58. This resistance level coincides with the weekly resistance barrier at $16.48. A failure by buyers to push LINK’s price higher could potentially trigger a pullback. In such a case, an analysis of the Volume Profile indicator shows that a significant volume of trade has taken place around $14.62, indicating a possible support for the expected correction. Notably, this level closely aligns with the 61.8% Fibonacci retracement level, offering an attractive accumulation zone for a possible second bullish leg. A recent surge in bullish sentiment following the approval of the Ethereum Spot ETF has fueled optimism. If Chainlink finds support near $14.62, it could signal an 18% rally to retest the $17.58 daily order block. In an extremely optimistic scenario, a successful breach of this resistance level could push the price of Chainlink to $22, marking a cumulative gain of 50%, amid the Chainlink Wheel rally. Even with strong technical analysis and on-chain data supporting Chainlink’s potential, a weekly candlestick below $13.59 would negate the bullish outlook by forming a low on a higher time frame. Such a scenario could result in a 13% drop in LINK’s price, potentially leading it to a key support level at $11.80. Additionally, on-chain data also shows improvements for Chainlink. The number of active addresses within the Chainlink network has grown significantly, increasing from 2,900 on May 18 to 11,300 on May 21. This remarkable increase indicates the growing demand for the Chainlink platform. #ChainlinkUpdate #cryptupdates #newsdaily $LINK

Chainlink (LINK) Experiences 7.5% Price Surge Anticipating a Major Rally

Chainlink on-chain data flashes signs of growth as the number of active addresses within the Chainlink network has increased from 2,900 on May 18 to 11,300 on May 21. LINK costs $22.
Oracle service provider Chainlink has largely decoupled from the broader market correction, up more than 6% in the past 24 hours.
As of press time, Chainlink (LINK) is trading near its key resistance of $17.5 and its market cap has surpassed $10.1 billion. Additionally, the daily trading volume for LINK has also increased by 80% to $858 million.
Chainlink On-Chain Data Flashes Bullish Signal
According to insights from on-chain data provider Santiment, Chainlink (LINK) has emerged as one of the top performers in the cryptocurrency market, crossing the $17.50 mark for the first time in six weeks.
Today’s on-chain analysis reveals a striking trend: for every one Chainlink transaction recorded in a loss, there are 11 transactions showing a profit. This remarkable ratio marks the highest level observed since December 8, 2022, indicating a strong bullish sentiment around Chainlink’s recent price movements.
This Breakout Can Trigger Major Surge for LINK Price
The current Chainlink price is facing resistance due to the daily bearish order block, where key market participants have historically placed sell orders at $17.58.
This resistance level coincides with the weekly resistance barrier at $16.48. A failure by buyers to push LINK’s price higher could potentially trigger a pullback. In such a case, an analysis of the Volume Profile indicator shows that a significant volume of trade has taken place around $14.62, indicating a possible support for the expected correction.
Notably, this level closely aligns with the 61.8% Fibonacci retracement level, offering an attractive accumulation zone for a possible second bullish leg.
A recent surge in bullish sentiment following the approval of the Ethereum Spot ETF has fueled optimism. If Chainlink finds support near $14.62, it could signal an 18% rally to retest the $17.58 daily order block.
In an extremely optimistic scenario, a successful breach of this resistance level could push the price of Chainlink to $22, marking a cumulative gain of 50%, amid the Chainlink Wheel rally.
Even with strong technical analysis and on-chain data supporting Chainlink’s potential, a weekly candlestick below $13.59 would negate the bullish outlook by forming a low on a higher time frame.
Such a scenario could result in a 13% drop in LINK’s price, potentially leading it to a key support level at $11.80.
Additionally, on-chain data also shows improvements for Chainlink. The number of active addresses within the Chainlink network has grown significantly, increasing from 2,900 on May 18 to 11,300 on May 21. This remarkable increase indicates the growing demand for the Chainlink platform.
#ChainlinkUpdate #cryptupdates #newsdaily $LINK
Chainlink’s Market Cap Jumps 143% with $50M LINK Whale AccumulationIn the span of just five weeks, large investors in Chainlink, known as whales, have increased their holdings by over $50 million worth of LINK tokens. This substantial accumulation has led to a significant surge in LINK’s market capitalization. Chainlink witnessed a notable uptrend following the recent Staking v0.2 upgrade. Highlighting recent advancements, Swell Network has incorporated Chainlink CCIP to facilitate quicker transactions. Upon the announcement, significant investors, often referred to as whales, initiated the accumulation of LINK tokens. This resulted in an 8% increase in the price of Chainlink (LINK) within a span of just two days. Chainlink Whales Add $50M in 5 Weeks, Fueling 143% Cap Surge Santiment, the on-chain data analysis platform, reveals a strategic move by the 200 largest wallets, accumulating an astounding $50 million worth of LINK in the past five weeks. This calculated accumulation has propelled Chainlink’s market capitalization to an impressive 143% growth in just five months, outperforming Bitcoin by a notable 93%. This surge positions Chainlink ahead of other altcoins experiencing similar whale accumulation. Delving deeper, this significant market movement is attributed to the recent transition from Staking v0.1 to v0.2. The Staking v0.1 pool became inactive on November 28, 2023, ceasing reward emission and securing Chainlink services. Participants in v0.1 are required to migrate their tokens to Staking v0.2 per the staking program. The v0.2 community pool currently holds 19,041,871 LINK tokens, with a capped limit of 40,875,000 LINK. Chainlink’s Recent Surge: LINK Price Hits $15.66 with 5.56% Daily Gain As of the latest update, Chainlink (LINK) is trading at $15.66, marking a notable 5.56% increase in the past 24 hours and a 5.96% rise over the last 7 days. The 24-hour trading volume stands at $613 million, contributing to a market cap of $8.7 billion, reflecting Chainlink’s upward momentum. This recent surge has not only impacted the price but has also significantly boosted Chainlink’s Total Value Secured (TVS). After dipping to $13 billion last month, the TVS surpassed $16 billion in early December, primarily driven by Staking activities, surpassing several Defi protocols. Throughout the month, Chainlink’s price has displayed a consistent upward trend, witnessing an increase of over 8%. Despite concerns following the consolidated close for November, recent whale activities suggest a clear path for LINK’s price in the coming days. With sustained whale activity and potential investor influx, LINK is positioned to overcome the $20 resistance level before the year concludes. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #LINKPrice #ChainlinkUpdate $LINK

Chainlink’s Market Cap Jumps 143% with $50M LINK Whale Accumulation

In the span of just five weeks, large investors in Chainlink, known as whales, have increased their holdings by over $50 million worth of LINK tokens. This substantial accumulation has led to a significant surge in LINK’s market capitalization.
Chainlink witnessed a notable uptrend following the recent Staking v0.2 upgrade. Highlighting recent advancements, Swell Network has incorporated Chainlink CCIP to facilitate quicker transactions. Upon the announcement, significant investors, often referred to as whales, initiated the accumulation of LINK tokens. This resulted in an 8% increase in the price of Chainlink (LINK) within a span of just two days.
Chainlink Whales Add $50M in 5 Weeks, Fueling 143% Cap Surge

Santiment, the on-chain data analysis platform, reveals a strategic move by the 200 largest wallets, accumulating an astounding $50 million worth of LINK in the past five weeks. This calculated accumulation has propelled Chainlink’s market capitalization to an impressive 143% growth in just five months, outperforming Bitcoin by a notable 93%. This surge positions Chainlink ahead of other altcoins experiencing similar whale accumulation.
Delving deeper, this significant market movement is attributed to the recent transition from Staking v0.1 to v0.2. The Staking v0.1 pool became inactive on November 28, 2023, ceasing reward emission and securing Chainlink services. Participants in v0.1 are required to migrate their tokens to Staking v0.2 per the staking program. The v0.2 community pool currently holds 19,041,871 LINK tokens, with a capped limit of 40,875,000 LINK.
Chainlink’s Recent Surge: LINK Price Hits $15.66 with 5.56% Daily Gain
As of the latest update, Chainlink (LINK) is trading at $15.66, marking a notable 5.56% increase in the past 24 hours and a 5.96% rise over the last 7 days. The 24-hour trading volume stands at $613 million, contributing to a market cap of $8.7 billion, reflecting Chainlink’s upward momentum.
This recent surge has not only impacted the price but has also significantly boosted Chainlink’s Total Value Secured (TVS). After dipping to $13 billion last month, the TVS surpassed $16 billion in early December, primarily driven by Staking activities, surpassing several Defi protocols.
Throughout the month, Chainlink’s price has displayed a consistent upward trend, witnessing an increase of over 8%. Despite concerns following the consolidated close for November, recent whale activities suggest a clear path for LINK’s price in the coming days.
With sustained whale activity and potential investor influx, LINK is positioned to overcome the $20 resistance level before the year concludes.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
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