If LINK breaks four-year resistance at $30, it could start a strong rally toward $200 over future cycles. Chainlink began a strong upward trajectory in July, along with the rest of the crypto market. The altcoin recently hit a seven-month high. In the past 30 days alone, LINK has climbed...
Chainlink’s MVRV Ratio Signals Selling Exhaustion: What’s Next for LINK?
Despite a decline, LINK whales have continued their accumulation spree. Chainlink’s (LINK) sharp 40% decline over the past month now raises questions about a potential rebound. The downturn coincides with a network contraction, indicating reduced activity. The token is currently trading at a little over $18. However, certain factors signal...