Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Chainlink whales scoop up $120 million in LINK, signaling a bullish future. In a significant bullish signal for Chainlink (LINK), prominent crypto analyst Ali Martinez reports that whales have accumulated over 10 million LINK tokens, valued at approximately $120 million, in just the past two weeks. This substantial buy-up by large holders indicates strong confidence in Chainlink’s future potential, suggesting that major investors are positioning themselves for anticipated gains.
#Chainlink whales have bought up over 10 million $LINK in the last two weeks, totaling approximately $120 million! pic.twitter.com/9sFtpvn2Ri
— Ali (@ali_charts) July 15, 2024
The influx of capital into LINK underscores its growing appeal and resilience in the crypto market. With such a substantial vote of confidence from high-net-worth investors, the future for Chainlink looks increasingly promising, potentially driving further price appreciation and reinforcing its status as a key player in the decentralized oracle space.
Key Chainlink Levels To Watch – July 16
The LINK/USD pair shows a bullish trend, as evidenced by the higher low formation and the recent breakout. The price has bounced off the support level around $12.540 and is approaching the next resistance at $20.740.
A change of character (ChoCH) indicates potential further upward momentum. Stochastic RSI indicates an overbought condition, suggesting a possible short-term pullback before continuation.
Chainlink Key Levels
Resistance Levels: $20.740, $22.880, $25.000
Support Levels: $16.260, $12.540, $9.700
LINK Metrics
Total Market Capitalization: $2.33T
Chainlink Market Capitalization: $8.55B
Chainlink Volume: $382.32M
Market Rank: #15
Make money without lifting your fingers: Start using a world-class auto trading solution
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.
