Chainlink Price Eyes $27 Rebound as Whales Accumulate 54M LINK

LINK Price Analysis: Testing Key $28 Resistance Amid Strong $16 Support Zone

LINK drops 3.45% in 24 hours, trading at $18.19 with declining market sentiment. Over 54 million LINK tokens accumulated at $16, signaling strong investor confidence in support. LINK’s price tests key resistance at $28, signaling a potential breakout and bullish trend shift. Chainlink (LINK) continues its downward price trend, showing a steady decline in market performance. Over the past 24 hours, LINK has fallen by approximately 3.45%, while th…

54,470,000 LINK Bought at $16: Major Support Zone Forms

Recent data shows that Chainlink (LINK) has established strong buyer interest around the $16 level. On October 19, more than 54.47 million LINK were acquired, according to a cost basis heatmap shared by Ali Martinez. At press time, LINK was trading at $18, with a 24-hour decline of 5% and a weekly loss of 3%. Daily trading volume stands at $1.05 billion. $16 Identified as Heavy Accumulation Range The cost basis heatmap highlights a dense concent…

Chainlink's Whale Accumulation Prompts Potential Price Rebound

Chainlink sees whale accumulation of 54M LINK, leading to potential price recovery.

Chainlink Price Eyes $27 Rebound as Whales Accumulate 54M LINK

The Chainlink price recently rebounded sharply from the $16 demand zone, an area that has consistently fueled strong recoveries. LINK’s price structure has developed within a descending channel, where the lower boundary continues to attract buyer activity. This repeated defense reflects rising confidence among investors who view the zone as a value range. The short-term The post Chainlink Price Eyes $27 Rebound as Whales Accumulate 54M LINK appe…

Chainlink price eyes 35% upside as whales accumulate

Chainlink price appears to be shaping a bullish reversal setup as whales accumulate the token near a key resistance level. The setup could potentially spark a rally toward $24 or higher in the coming days. According to data from crypto.news,…