Skip to content
Crypto News

Chainlink (LINK) Social Surge Spurs Bullish Sentiment

Azeez Mustapha
Updated 1 min read
Article Rating:
Based on 1 vote
Login to rate this article.
Chainlink (LINK) Social Surge Spurs Bullish Sentiment

Chainlink (LINK) sees a surge in social activity, fueling bullish sentiment among investors. Recent data from Lunar Crush indicates a surge in Chainlink’s (LINK) social activity, suggesting increasing investor interest. With over 138.7 million recent interactions, Chainlink surpasses three other cryptocurrencies combined. Santiment’s insights reveal sustained interest despite minor fluctuations.

On April 22, Chainlink’s social volume peaked at 5,200, representing over 25% of total crypto discussions. This coincides with Chainlink’s consistent value growth, trading at $15.38 last week. Analysts speculate this rise in social activity may foreshadow a bullish trend in Chainlink’s price, highlighting its growing influence in the crypto market.

Key Chainlink Levels To Watch – April 24

Chainlink (LINK) Social Surge Spurs Bullish Sentiment The order flow of Chainlink on the daily chart is bearish. However, a reversal has begun as prices reacted to an FVG (Fair Value Gap) in the discount zone.
 
A further rally from the discount zone is expected to cause a market structure shift to the upside. According to the SMA (Simple Moving Average), the direction of the market is now bullish.

Resistance Levels: $16.260, $17.680, $22.880 
Support Levels: $11.970, $9.700, $5.740

Total Market Capitalization: $2.45T 
Chainlink Market Capitalization: $8.98B
Chainlink Volume: $293M
Market Rank: #16

You can purchase Lucky Block – Guide, Tips & Insights | Learn 2 Trade here.  Buy LBLOCK

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
8cap
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
Trade Now
avatrade
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
Trade Now
avatrade
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
Trade Now
avatrade
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
Trade Now

More Crypto News