Chainlink Whale Accumulates $612K In LINK As LINK Price Eyes Breakout
5 Articles
5 Articles
Chainlink Whale Accumulates $612K In LINK As LINK Price Eyes Breakout
Chainlink is attracting whale interest after a large holder withdrew 57,000 LINK from Binance across four transactions, raising attention around potential accumulation. Meanwhile, LINK is defending support near $10.71, with analyst Investor Jordan identifying a possible double-bottom formation and a conditional recovery target of $15.
Since mid-October, the chainlink ETFs are no longer able to attract capital. It is now becoming tight for the LINK price. These chart marks come to the fore. Source: BTC-ECHO BTC-ECHO
LINK advances 0.54% to USD $10.81, but the rebound reaches below average volume and the price remains below its short- and medium-term moving averages. The adoption of Chainlink in interoperability projects and tokenized assets strengthens the fundamental thesis, although the available data do not allow you to attribute the daily movement or confirm an improvement in demand.
LINK Price Prediction: Bulls face a narrow test below the short-term averages
Chainlink is trading at $10.88, just above immediate support at $10.67 and below the 7-day, 20-day, 50-day, 12-day, and 26-day moving averages supplied with the latest spot data. Binance futures da... (Read More)
Chainlink Price Prediction: Can LINK Rebound as Whales Withdraw $612K From Binance?
The post Chainlink Price Prediction: Can LINK Rebound as Whales Withdraw $612K From Binance? appeared first on Coinpedia Fintech News Chainlink (LINK) is approaching a critical support area after retreating from its October highs, putting its recent recovery at risk. The token is trading near $10.86, with its daily chart showing repeated attempts to hold the $10.70–$11.00 region. Meanwhile, large-wallet activity is drawing attention after a whal…
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