Key Highlights Analyst Ali Martinez identifies $12 as the most crucial support level determining Chainlink’s ($LINK) near-term price trajectory. Sustained closes below $12 could validate a bearish head and shoulders pattern, risking an initial pullback to $10. The primary target of the technical formation stands at $8.50, representing an estimated 30% drop from the $12 ...
Key Highlights: Chainlink (LINK) surged from a low of $12.09 to trade near $13.34 as it targets key technical resistance at $13.50. LINK-focused exchange-traded funds registered a year-to-date record daily inflow of $9.48 million, capping five consecutive weeks of net buying. Large-scale wallet holdings grew to represent 65.6% of the token’s circulating supply, signaling increasing ...
Key Highlights: Institutional funds accumulated approximately 629,100 $LINK in September, valued at about $8.37 million. Bitwise filed an SEC prospectus proposing to allocate 20% of its Chainlink ETF’s $LINK holdings to staking. $LINK reached $15.80 before retreating to $14.43, with $13.75 remaining a key support level. Institutional Funds Increase Chainlink ETF Exposure Institutional interest in ...
Chainlink Trading Volume Surges 40-60% as LINK Tests $12 Resistance Chainlink ($LINK) is showing renewed trading momentum as the token attempts to recover from its recent correction. The key $12 resistance level is back in focus after futures volume across major exchanges jumped between 40% and 60% over the past 24 hours. LINK Holds Ground ...