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Chainlink (LINK) has a bullish outlook driven by growing whale interest and strategic moves. Chainlink shows strong potential for a price surge, supported by increased activity from large investors and notable strategic developments. Recent data indicates that major wallets holding between 10 and 100 million LINK coins have collectively grown their balances, adding approximately 4 million LINK worth over $44 million. This trend highlights growing investor confidence in LINK despite recent market corrections.
ChainLINK is Gearing Up for a Massive Move! 🚀
— @CryptoELlTES (@CryptooELITES) December 23, 2024
The downtrend from 2021 has finally been broken, and we’re holding strong above it.
🔗 Targets I’m watching closely:
1️⃣ $53
2️⃣ $100
3️⃣ $144
The momentum is building—stay tuned for what’s next!
Tg : https://t.co/EeTzlicwoM$LINK… pic.twitter.com/ImB4o1qcBP
Blockchain analytics provider Lookonchain reported that nine newly created wallets withdrew 362,380 LINK, valued at around $8.19 million, from Binance within two days. Additionally, World Liberty Financial (WLFI), a venture associated with the Trump family, has amplified its LINK holdings, sparking heightened market engagement and optimism. Experts predict that LINK could experience a price increase exceeding 53%, potentially reaching $35.56 by January 2025.
Key Chainlink Levels To Watch – December 23
LINKUSD remains bullish as the price consolidates above support at 24.570. A breakout above 25.720 could signal further upside toward 30.950 and 34.020.
However, failure to hold current levels may lead to a retracement toward 19.850 before resuming the upward trend. The overall structure favors higher highs in the coming sessions.
Chainlink Key Levels
Resistance Levels: $25.720, $30.950, $34.020
Support Levels: $19.070, $16.260, $12.700
LINK Metrics
Total Market Capitalization: $3.31T
Chainlink Market Capitalization: $14.77B
Chainlink Volume: $1.00B
Market Rank: #12
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