📈 Chainlink (LINK) Sees $66M Outflow – Bullish Momentum Accelerates! 🔗
Chainlink is on the rise, gaining 22% this month and holding firm above $16, with analysts eyeing $20 short-term targets.
🔍 Key Highlights:
💸 $66M LINK outflows from exchanges in 2 weeks = strong accumulation signals.
✅ Broke above 200-day MA, showing sustained bullish trend.
📊 Volume surge to 3.08M coincided with price testing $16.24 resistance.
🔄 Forming higher lows and an ascending channel – strong technical setup.
🧠 Investors are accumulating, not selling – indicating long-term confidence.
🌐 DeFi momentum is rising with new integrations: JPMorgan, Ondo Finance, Solana.
📅 Targets:
💥 $20 soon?
🚀 $50 by 2028
🌌 $100 by 2030 (with growing CCIP adoption)
📊 Final minutes on May 21 show LINK consolidating near $15.85 with signs of further accumulation.
💬 Are you bullish on LINK? Let us know your targets!
#Chainlink #LINK #Crypto #DeFi #BinanceSquare