🚀 Chainlink's price is skyrocketing with whale purchases and a surge in the tech wave! 🚀
The Chainlink (LINK) cryptocurrency has seen a significant increase over the past few weeks, with the price reaching $22.46, an increase of more than 113% since its lows in 2025.
🔹 Why is LINK rising?
Whales have increased their holdings of the currency by 21% over the month and 41% over the past 3 months, indicating strong confidence in continued growth.
The supply of the currency on exchanges has decreased, indicating rising demand and withdrawal of coins from free trading.
The Chainlink team announced a continuous buyback plan using network revenues to enhance the currency's value.
Technical analysis shows that the currency is in the third phase of the Elliot Wave, which is typically the longest and strongest, with a nearby price target of $25.51 (a 15% increase from the current price).
Note: If the price drops below the support of $20, the upward forecasts may change.
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⚠️ Disclaimer: This post is for informational purposes only and should not be considered investment advice
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