Key dealers
Link has successfully tested a hooked price measure and is ready for a 20% rally. Election transactions ranging from $ 1 million to $ 10 million has increased by over 1400%.
ChainLink (link) Has successfully broken and tested a haus -like price measure and continued its upward speed.
Valks have shown a strong interest and confidence in the token, with accumulation that continues despite the ongoing pricing.
Valor activities and price waves
Recently, a well -being Crypto expert Shared a post on X (formerly Twitter) and revealed that whales have bought over 8 million links in the past month.
Source: X (Formerly Twitter)
During this period, LINK has risen by over 58%and increased from $ 12.33 to $ 19.40.
In the midst of this price collection, access has broken through several obstacles, including a falling trend line and a key horizontal level to $ 18, which has historically served as a reversal point.
The link continues its upward climb, registers a 9% profit over the past 24 hours and is strongly close to $ 19.41 level.
During this period, investors and traders have increased, which resulted in a 6.5% increase in trade volume compared to the previous day.
Valks participating skyrockets
The intothoc in the chain Analytics reveals that voter turnout is still increasing despite the ongoing price collection.
Data shows that transactions ranging from $ 1 million to $ 10 million have increased by over 1400%, while those ranging from $ 100,000 to $ 1 million have increased by 463%.
Source: Intotheblock
This indicates confidence in the future price increase, which probably follows the successful retest of the outbreak at a key level.
ChainLink: key levels to look at
Ambcrypto’s technical analysis reveals that the link has recently erupted and tested a haussearted double base pattern and is now ready for a significant price tick.
Source: Tradingview
If the asset’s upward momentum continues, the link can increase by 20% and can reach the $ 23 level in the near future. However, this is only possible if the market term remains unchanged and the supply has over $ 18.
At the same time, LINK’s relative strength index (RSI) was 82 at press time, indicating that access is in over -bought territory and may meet a potential correction in the coming days.
Exchange of inflow and potential sales
When you look at the upward direction, link holders seem to take advantage of the price increase by loosening their holdings, reported by the tool on the chain Analytics Tiled.
Data reveals that replacements for the past 24 hours have registered an inflow of approximately $ 1.74 million in links. Such an inflow suggests a potential sale, which can slow down the upward direction.
Source: Coinglass
But when you combine all the measurement values, it seems that bulls are currently dominating access, and the price can continue its upward momentum until it reaches the next resistance level.
