ChainlinkUpdate

📉 LINK/USDT -🚨 Heavy Liquidation Zone Being Eyed! Smart Money is Hunting Longs Again 🚨🧠LINK just entered a very interesting zone fam 😮… if you watched carefully, this is the same zone where massive long liquidation happened last time (just look at the wick and volume spike around June 23).
🚨 If price closes below $13.00 and candles turn red with volume increase, then short entry is ideal 🔥 else a fakeout bounce might trap early sellers so we wait for clear confirmation ⚠️
Still no bullish pattern forming, but if support holds, bounce to TP1 is possible. Otherwise, strong chance we revisit the liquidation zone again. Play safe and don’t rush 🚨
—📌 Entry (SHORT): Below $12.90 confirmation candle
—🎯 TP1: $12.40
—🎯 TP2: $11.85
—🎯 TP3: $11.20
—🛡️ Stoploss: $13.38 (tight)
—This could be another trap move like before… smart money might be playing games 🧠 watch the volume, not just candles 🔍
—Soon, I’ll make all my content private. Only my followers will get the updates 👀
—👉 Don’t be late again!
#CryptoTrading #LINKUSDT #ChainlinkUpdate #SMCStrategy #LiquidationHunting $LINK

Chainlink (LINK), the native cryptocurrency of the decentralized Oracle network Chainlink, is showing strong resilience despite a 7.5% price drop amid a broader market correction. The latest on-chain data suggests record-high whale activity, signaling a potential breakout toward $30.
Chainlink (LINK) Sees Highest Whale Activity Since 2023
Despite the downturn, LINK has caught the attention of large investors and institutional traders. According to Santiment, Chainlink recorded 1,659 daily transactions exceeding $100,000, the highest whale activity since December 2023.
🔗🐳 With crypto taking a swing back down, Chainlink has stood out as a network with heavy key stakeholder dip buying. 1,659 daily $100K+ $LINK transactions is the most since 2023, and 9,531 active wallets is the most in 4 weeks. When altcoins rebound, keep an eye on this asset. pic.twitter.com/GUjHJALLV3— Santiment (@santimentfeed) February 4, 2025
Additionally, the number of active wallets has surged to a 4-week high of 9,531, reflecting growing user engagement and network adoption. Historically, increased whale transactions and rising active wallets have aligned with strong price rebounds, making this a bullish indicator of LINK’s price trajectory.
LINK Forms Bull-Flag Pattern – A Breakout to $30 Incoming?
After dropping from $26.4 to $20, LINK has entered a bull-flag pattern, a classic technical formation that indicates a temporary pullback before a breakout.
If selling pressure continues, LINK could retest the lower trendline at $16.35, a key support level. However, if bulls regain momentum, LINK could break through the $22.5 resistance, triggering an upward rally toward $31 and potentially $40.
Chainlink Price Analysis – Key Levels to Watch
Support: $16.35 (bull-flag lower trendline)Immediate Resistance: $22.5Breakout Target: $31, followed by $40
According to CoinGecko, Chainlink currently trades at $20, with a market cap of $12.8 billion and a 24-hour trading volume of $1.9 billion.
Can LINK Rebound to $30?
The recent spike in whale activity and user engagement suggests that big investors are accumulating LINK, reinforcing a bullish case for recovery. If LINK breaks past $22.5 resistance, a rally toward $30 and beyond could be on the horizon.
With the crypto market stabilizing, Chainlink’s fundamentals remain strong, making it a key asset to watch in the coming days.
The post Chainlink (LINK) Price $30 Sees Record Whale Activity – Is a Major LINK Rally Coming? appeared first on Cryptos Newss.

#ChainlinkUpdate #Chainlink $LINK

The cryptocurrency market has kicked off the new year with a bullish trend, as major altcoins have started to gain momentum following a slight dip in Bitcoin ($BTC ) dominance. From 58.12% on December 31, Bitcoin’s dominance has fallen to 57% today, creating a favorable environment for altcoins like Chainlink ($LINK ), which is showing signs of recovery after a recent correction.

Whale Accumulation Signals Confidence in LINK

Recent data indicates a surge in whale activity, reflecting renewed optimism in Chainlink’s outlook. After a pullback to the critical support level of $20, whales have aggressively increased their holdings in LINK. According to crypto analyst , over 1.4 million LINK tokens, valued at approximately $30 million at an average price of $21.50, have been acquired within the past 96 hours. This accumulation trend signals growing confidence in the asset, even amidst market volatility.

LINK Maintains Strong Support Above Key Levels

The combination of whale buying activity and a broader market recovery has helped Chainlink hold above its crucial support zone. In November 2024, LINK broke free from a long-standing descending triangle pattern, resulting in a rally to a local high of $30.80. However, a market correction last month brought LINK back to a significant support range between $18.70 and $22.90. Despite the pullback, LINK has demonstrated resilience by maintaining its position above this support zone, currently trading at $23.28.

Key technical indicators, such as the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI), suggest the possibility of a reversal. If Chainlink can sustain this support level, it may see a rally toward its recent high of $30. However, failure to hold this support could expose the asset to further downside risks.

Outlook for Chainlink: What’s Next?

Chainlink remains one of the most promising altcoins for 2025. With significant whale accumulation, strong support zones, and the potential for a technical rebound, the foundation is laid for a potential rally in the near term. Additionally, the decline in Bitcoin’s dominance may act as a catalyst, driving further momentum for LINK and other altcoins.

For investors, key levels to monitor include LINK’s ability to maintain its position above the $22 support level and the potential for a rally toward $30. Should these levels hold, Chainlink could continue its upward trajectory throughout the coming months.