Chainlink's LINK cryptocurrency has been making waves in the market lately. It recently staged a V-shape recovery after experiencing a 14 percent plunge. Predictions suggest a potential increase in LINK's value if Bitcoin reaches a valuation of $150k. Key indicators show that LINK is gaining traction among traders, as the coin's exchange outflows indicate a growing bullish momentum. An imminent breakout is expected, with LINK eyeing a resistance of 21.99 USDT. Notably, a large amount of LINK has been transacted in a span of 24 hours, hinting at intense movements by LINK whales.
In recent news, $31M in Bitcoin donations to Ross Ulbricht has been linked to AlphaBay. A Coinbase data breach has also been reportedly linked to a customer data leak in India. Amid the noise, LINK continues to be bullish with potential targets of $30 and $38 being predicted for the coin. A substantial move of $5.8M by a LINK whale raised selling pressure and caused a price surge.
Chainlink surprised the market when their 'god candle' appeared as a LINK price soared 27% in 24 hours. There are speculations about possible bullish signs from SOL, LINK, OM, and RAY as Bitcoin traders anticipate BTC’s next move. LINK's community is growing bullish too, encouraged by a 9% surge in the coin's price, hinting towards a major breakout. LINK Stakers are also set to benefit from a new Chainlink community reward system. The future of LINK certainly seems promising, according to all these reports.
LINK Coin News Analytics from Tue, 03 Dec 2024 08:00:00 GMT to Wed, 11 Jun 2025 18:01:11 GMT -
Rating 8
- Innovation 7
- Information 6
- Rumor -5
