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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.
CRYPTO BREAKING NEWS
— InnovatekMobile (@Neome_com) April 23, 2024
Exploring Increased Social Interactions for Bitcoin and Chainlink. Recent analytics data from Lunar Crush has highlighted a significant uptick in the social activity surrounding two prominent cryptocurrencies, Bit… check us out @ https://t.co/8dh137aX4R pic.twitter.com/hiBTUX7OAC
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
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.
Chainlink Key Levels
Resistance Levels: $16.260, $17.680, $22.880
Support Levels: $11.970, $9.700, $5.740
LINK Metrics
Total Market Capitalization: $2.45T
Chainlink Market Capitalization: $8.98B
Chainlink Volume: $293M
Market Rank: #16
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