Chainlink (LINK) Price Alert: Whales Aggressively Accumulate $19M While Market Bleeds, Preparing for Historic Pump?
Chainlink's short-term outlook remains cautious due to bearish momentum, but long-term prospects remain strong.
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Chainlink's short-term outlook remains cautious due to bearish momentum, but long-term prospects remain strong.
Chainlink (LINK) has become one of the standout players in the cryptocurrency market, attracting the attention of investors and developers worldwide. Known for its unique functionality as a decentralized oracle network, Chainlink plays an essential role in connecting smart contracts with real-world data.
Despite a notable price drop in recent days, LINK, the native token of Chainlink, remains in the sights of investors and whales. Today, February 18, 2025, a prominent crypto expert posted on X (formerly Twitter) that, amid the recent decline, crypto whales have purchased over 1.10 million LINK tokens in the past 24 hours.
The crypto market is showing mixed signals, causing some altcoins to climb while others experience declines. However, certain altcoins are catching investors' attention due to recent developments surrounding the tokens.
Bitcoin (BTC) registered a drop late on Monday, falling from $97,000 to $95,243 before rebounding and settling just above $96,000. The flagship cryptocurrency registered another slump during the current session, falling to a low of $95,189 before recovering and moving to its current level.
Chainlink's price has entered a multi-week correction after reaching $30 in December, falling 29% since Trump's inauguration despite expectations of crypto-friendly policies, with analysts predicting further volatility ahead.
Chainlink (LINK) has recently experienced a significant drop in volatility, now sitting at 80.47%, a decrease that has drives interest in the cryptocurrency community. Historically, volatility often plays a key role in predicting future price movements in the crypto market, and the sharp decline in LINK's price fluctuations could be the calm before the storm.
The cryptocurrency market remains volatile as the Ethereum price hovers around $2,700, facing resistance in its upward movement. The broader market has struggled to regain strength, with most altcoins trading sideways.
LINK, Chainlink's native token, is gaining traders' attention despite ongoing market uncertainty. This is due to the continuous accumulation by whales in recent days and the bullish price action forming on LINK's chart.
Bitcoin bulls appear reluctant to buy dips after BTC's repeat failures to secure a close above $98,500.
Chainlink price rose on Monday, trading at $19.49 at the time of writing with daily gains of 4.4%. The crypto coin has recently been on a strong upward momentum, and has risen by more than 6% in the last week.
As the 2025 crypto bull run approaches, analysts are closely watching Chainlink (LINK) and Coldware (COLD), two projects that could see exponential gains. While Chainlink (LINK) is predicted to reach $120, Coldware (COLD) is gaining traction among institutional investors, with some experts forecasting a massive jump to $6 in 2025.
Smart DEX traders are reaccumulating, pointing to a bullish trend for LINK's price.
Coldware (COLD) is rapidly emerging as a high-growth blockchain alternative as ChainLink (LINK) continues to struggle with market volatility. While ChainLink (LINK) has long been a key player in decentralized finance (DeFi) through its oracle solutions, recent price instability has led whales to diversify their holdings by adding Coldware (COLD) to their portfolios.
An analyst who has earned the “Master Trader” rank on the crypto exchange Bybit believes two top memecoins are setting the stage for breakout rallies. Pseudonymous analyst Bluntz tells his 316,100 followers on the social media platform X that memecoin Floki (FLOKI) appears to be flashing bullish reversal signals on the daily and four-hour charts.
New data from the crypto analytics platform Santiment shows that the decentralized oracle network Chainlink (LINK) once again outpaces all other Ethereum (ETH)-based coins in terms of recent development activity. According to Santiment, Chainlink saw 691.07 notable GitHub events in the past 30 days, making it the leading ERC-based project by development activity.
Bitcoin is trading in a tight range, pointing to a possible breakout in the near future.
The widely followed trader and analyst Michaël van de Poppe is highlighting one crypto project in the Ethereum (ETH) ecosystem whose token he believes could go up by triple-digit percentage points.
Chainlink (LINK) has faced significant challenges in February, with the cryptocurrency experiencing a sharp 25% decline this month. Following a failed breakout attempt at the $26 resistance level in late January, the altcoin is now at a crucial juncture where its price recovery is dependent on overcoming a pivotal resistance zone.
Chainlink (LINK) has struggled to maintain momentum after a failed attempt to breach the $26 resistance level towards the end of January. This setback triggered a decline, causing LINK to fall below the $20 mark.
As of Tuesday morning last week, Bitcoin has popped about 45% since the election, while altcoins like Hedera are up more than 400% over that same time frame.
Bitcoin bears are finding it difficult to pin the price below $95,000, indicating solid demand at lower levels.
Arkham Intel Exchange has integrated Chainlink Functions to enhance decentralization in its intel verification process, replacing centralized oracles with decentralized networks.
The global cryptocurrency market cap has fallen to $3.3 trillion, down 1.9% in the past 24 hours, as digital assets struggle to regain footing despite broader market recoveries.