Chainlink Sees Whale Accumulation: Could Price Break Above $20 With Continued Momentum?
Main Idea
Chainlink (LINK) is experiencing a significant price surge due to whale accumulation and network upgrades, with potential resistance levels around $20.50–$21.
Key Points
1. Chainlink (LINK) surged 13% in 24 hours, trading at $18.89, with a 300% increase in trading volume.
2. Whale wallets holding 100,000–1 million LINK increased by 4.2% in August, accumulating 0.67% of the total supply.
3. Key upgrades include the launch of Data Streams for U.S. stocks and the Chainlink Reserve, enhancing utility.
4. Technical indicators show a positive outlook, with the next resistance level around $20.50–$21 if whale accumulation continues.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Chainlink (LINK) is
Latest News
- Kiyosaki Suggests Bitcoin May Offer Resilience Amid Potential Economic Downturn and New 401(k) Investment Options2025-08-08 08:21:20
- Toshi Crypto Faces Volatility as Key Support Zone Approaches and Potential Rally Towards $0.007 Emerges2025-08-08 08:17:04
- $YALA listed on Bybit futures2025-08-08 08:05:27
- Bitcoin’s SMA-120 Cross Indicates Potential Shift to Neutral-Bullish Market Phase2025-08-08 08:05:13
- SBI Holdings Clarifies No Current Crypto ETF Applications Amid Regulatory Considerations for Bitcoin and XRP2025-08-08 08:02:41