Chainlink (LINK) surged over 6% to $16.88, as whale users increased their holdings of 744,604 LINK (worth $12.5 million) from Binance, alleviating selling pressure and stimulating bullish sentiment. The Relative Strength Index is at 33.89, indicating that LINK is in an oversold state. Analysts believe that sustained demand could push the price close to $20, even though trading volume has still declined by 32.59% to $873.24 million.