Chainlink ($LINK ) just kicked off December with a major price surge, hitting a 3-year high! 🚀 Some analysts even predicted that Chainlink could surge to $800, which would be anywhere between 700% and 3233%! 📈
This surge was driven by the addition of new wallet addresses and increased whale activity. 🐋 This is the first time Chainlink has reached this high in 2 years. 🔥 LINK is currently trading above the $22.80 resistance level and has gained 30% in the last 24 hours! 🎉
Chainlink is also showing strength with its total value locked (TVL) increasing to $37.57 billion, making it the leader in the oracle sector. 🏆 Although LINK has dropped 4.22% in the last 24 hours, many are optimistic about the potential for further upside if the price can break through the $26.75 level. 💪
However, if the price falls below the $20 support, the bullish momentum could be compromised, and we may see the next support around $12. 🤔 So, all eyes are on Chainlink to see if it can continue its upward march! 🌟