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LINK Surges 10% Above $20 with Whale Accumulation.https://t.co/T6BocUi6Hr
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Critical metric analysis shows a substantial rise in Chainlink holders, and the trend of investors withdrawing LINK from exchanges, constituting 21.5% of the total supply, implies an anticipation of an imminent price surge. Collectively, these factors contribute to a sustained bullish outlook for Chainlink, with heightened investor confidence and potential upward momentum in its price.
Key Chainlink Levels To Watch – February 11
Until recently, LINKUSD was consolidating within the support at $12.540 and the previous resistance at $17.680. The range market began after an upsurge that occurred on November 6, 2023.
According to the RSI (Relative Strength Index), LINKUSD is now under the control of the bulls. Further confirmation of the bullish trend’s continuation is the recent breakout from the $19.580 resistance.
Chainlink Key Levels
Support Levels: $17.680, $12.540, $9.700
Resistance Levels: $19.580, $23.910, $28.710
LINK Metrics
Total Market Capitalization: $1.71T
Chainlink Market Capitalization: $11.9B
Chainlink Volume: $888M
Market Rank: #10
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