Chainlink Extends Accumulation By 200 Days; Will Bulls Push For A Breakout?

LINK's price retraces to its 200 days range as the price aims for a breakout ahead of its staking scheduled in December 2022.  LINK's price remains strong as bulls reclaim $6 despite uncertainty in the market traders and investors remain cautious.

Timeline of Chainlink

ChainLink price analysis for November 25, 2022, reveals the market following a partial bearish movement, obtaining some negative momentum, signifying a decline for the LINK market. The price of ChainLink has remained negative over the past few hours.

While the Chainlink (LINK) is trading in a bearish pattern, long- and short-term indicators show bullish signs. The post Chainlink (LINK) Flashes Signal Never Seen Before appeared first on BeInCrypto.

With a price increase of 8% over the last seven days, Chainlink (LINK) is currently one of the best performers on the crypto market, behind Litecoin (LTC) and BNB. Remarkably, the trading volume of LINK has dropped 20% in the last 24 hours to just $389 million.

ChainLink price analysis for November 24, 2022, reveals the market following an uncertain movement, showing constant momentum, signifying dormancy for the LINK market. The price of ChainLink has remained constant over the past few hours.

LINK had the highest Galaxy Score Interest from the whales also increased Chainlink's [LINK] price action recently aligned with investors' interest as its price registered a 10% increase in the last 24 hours. At the time of this writing, LINK was trading at $6.54, with a market capitalization of more than $3.3 billion.

 The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The market structure was bearish but the recent rally could shift this  Exchange inflows also saw a huge spike Chainlink saw some positive news in the past few days, amid the carnage that the market

The most recent Chainlink price analysis shows bullish indications for the day, given that there has been an increase in buying activity, . The price has been in a bearish trend for the previous few weeks, but after establishing support at $5.72, the coin has been recovering, and now, further bullish momentum is being seen.

Chainlink gained from the FTX crash as its address activity surges, hitting a one-year high Transactions involving LINK might have taken a back seat with its price in the midst of a decrease or a further increase Chainlink's [LINK] response to the FTX collapse that spread wreckage round the market has been full of favor.

Chainlink (LINK) price soared by over 10% as the global crypto market cap momentarily regained positive momentum. The post Can Chainlink (LINK) Price Keep Soaring Amid Rising Deposits  appeared first on BeInCrypto.

Chainlink has rallied up 10% today as on-chain data shows the number of active addresses are at a 1-year high. Chainlink Active Addresses Have Observed A Surge Recently According to data from the analytics firm Santiment, there were more than 8k LINK addresses active per day last week, the highest in 18 months.