$LINK

As per a report from TheCurrencyAnalytics.com-

Chainlink (LINK) has seen a strong rally, surpassing $14, driven by increased trading interest and reduced inflation fears. However, a declining Market Value to Realized Value (MVRV) ratio suggests possible overvaluation, increasing the risk of a price correction. While large investors are accumulating LINK and open interest has risen, resistance around $14.7 could trigger a pullback to $11.7 if broken. If LINK surpasses this resistance, it may target $17.6. Traders should monitor key levels. Full details: The Currency Analytics.

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