@chainlink_official
⬅️According to this data, Chainlink (LINK) shows signs of being well positioned for further gains in the market. On-chain analysis shows a significant resistance level at $20, with data showing that 5,330 addresses have a total of approximately 8.59 million LINK tokens at this price point.
The importance of this resistance level indicates a significant concentration of LINK assets among a large number of addresses, underscoring the potential impact on market dynamics as Chainlink approaches the $20 mark.
Investors and market participants closely monitor these chainlink indicators as they provide valuable insights into potential price changes and overall sentiment surrounding Chainlink in the crypto market.
@sanor016
