Tag Archives: LINKUSD

Chainlink Whales Accumulate $77 Million LINK Amid Price Correction – Details

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Amid a general market retracement, prominent altcoin Chainlink has recorded a 29.89% price decline from its local market top at $30.31. LINK currently hovers around $21 having failed to move past $26 despite recent uptrends. During this price fall, LINK whales have adopted an accumulation approach signaling confidence in the altcoin’s long-term profitability. Chainlink Whales… Continue reading Chainlink Whales Accumulate $77 Million LINK Amid Price Correction – Details→

Chainlink Sees 296% Jump In Large Transactions As Active Addresses Rise 14.7%, What’s Going On?

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Chainlink whales are once again on the move in what seems to be a general reawakening. Large transactions on the blockchain network have ballooned recently, alongside a drastic increase in active addresses, hinting at a notable development. Therefore, in this report, we take a look at the significant increase in whale transactions and active addresses,… Continue reading Chainlink Sees 296% Jump In Large Transactions As Active Addresses Rise 14.7%, What’s Going On?→

Chainlink Signals Deeper Losses: Can Bulls Stage A Comeback?

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Chainlink is facing increasing bearish pressure as its price continues to edge lower, signalling a potential move toward the further downside. After a period of consolidation, the bears have regained control, pushing Chainlink closer toward the $9.28 support level.  However, bulls may not be ready to give up just yet. With market sentiment fluctuating, the possibility… Continue reading Chainlink Signals Deeper Losses: Can Bulls Stage A Comeback?→

Is Chainlink (LINK) Sliding To $9? On-Chain Metrics Expose Weak Network Activity

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Chainlink (LINK) is at a crucial level after a sharp 22% retrace from recent local highs, sparking concern among investors and analysts. The recent downturn is compounded by unsettling on-chain data that suggests Chainlink’s network activity may weaken, adding to the uncertainty surrounding the asset. This decline in activity, coupled with broader market volatility, has… Continue reading Is Chainlink (LINK) Sliding To $9? On-Chain Metrics Expose Weak Network Activity→

Chainlink (LINK) Could Drop To $8 If It Loses Current Support: On-Chain Data Reveals

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Chainlink (LINK) has faced significant volatility this week. Its price dropped over 13% from Monday’s high, bringing LINK to a critical support level of around $11.20. Traders and investors are closely monitoring this crucial area. The importance of this level is further emphasized by on-chain data from Santiment, which shows that demand for LINK is… Continue reading Chainlink (LINK) Could Drop To $8 If It Loses Current Support: On-Chain Data Reveals→

LINK Surges 11% As Key Data Reveals Day Traders Are Locking Gains

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Chainlink (LINK) has surged over 10% in the past few hours, pushing its price to $11.39 at the time of writing. This significant gain comes after two weeks of sideways consolidation, signaling a potential shift in momentum.  As LINK rallies, data from Santiment, a leading crypto data intelligence platform, reveals that some daily traders are… Continue reading LINK Surges 11% As Key Data Reveals Day Traders Are Locking Gains→

Chainlink (LINK) Recovers 20% As Network Lights Up With Activity

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Chainlink (LINK) has made a sharp 20% recovery from the crash during the past day, as the network has seen a spike in address activity. Chainlink Has Returned Above $9.8 After Recovery Rally The cryptocurrency sector had opened the week with a sharp crash, and Chainlink was no exception, as its price had slammed down… Continue reading Chainlink (LINK) Recovers 20% As Network Lights Up With Activity→

Chainlink At Risk: Key Indicators Signal Further Losses To $12

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Chainlink (LINK), one of the major players in the decentralized finance space, is currently facing increased bearish pressure in the market. As LINK’s bearish momentum continues to build, key technical indicators are signaling the potential for further loss toward the critical support level at $12 for the cryptocurrency. With this current price movement, Chainlink could… Continue reading Chainlink At Risk: Key Indicators Signal Further Losses To $12→

Chainlink (LINK) Forms Signal That Last Led To 123% Rally

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On-chain data shows Chainlink has just seen a level of decline in its exchange reserve that last led to a massive rally for the cryptocurrency. Chainlink Exchange Supply Has Dropped By 1.6% In The Past Month According to data from the on-chain analytics firm Supply on Exchanges,” which, as its name suggests, keeps track of… Continue reading Chainlink (LINK) Forms Signal That Last Led To 123% Rally→

Chainlink Traders Capitulate After 10% Plunge: Bottom Here?

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On-chain data shows that Chainlink investors have been realizing significant losses recently, a sign that the price plunge has put fear into their minds. Chainlink FUD Could Lead Towards Bottom Formation According to data from the on-chain analytics firm Network Realized Profit/Loss,” which keeps track of the net amount of profit or loss that Chainlink… Continue reading Chainlink Traders Capitulate After 10% Plunge: Bottom Here?→