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news-imageSeptember 26, 2024

Can Chainlink's bullish indicators rekindle positive price action?

Chainlink's elevated development activity, compelling tokenization narrative, and technical indicators suggest that LINK may be poised for further gains.
Publisher: AMBCrypto
Sentiment: Positive
LINK

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cover-imageInvezz
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Chainlink eyes 25% surge after whale-driven breakout

While cryptocurrencies target robust recoveries, decentralized oracle platform Chainlink (LINK) looks to explode following its latest price breakout. Santiment reveals that massive whale accumulations drove LINK's prevailing revival. Large-scale investors have consistently purchased the tokens in the last six weeks, buying over 8.5 million Chainlink coins.

Positive
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Chainlink Price Jumps 20%, LINK Price Eyes To Hit $17?

The cryptocurrency market is currently valued at $2.24 Trillion with a jump of 0.68% in the past 24 hours. Moreover, the altcoin leader, Ethereum price has reclaimed the $2.6K mark. This highlights a positive outlook for the altcoin market in the coming time. With this, ETH-based tokens have recorded a similar trend.

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