CandleFocus Chainlink (LINK) Price Surges 8% While Whale Activity Takes a Pause
2025-01-03
Author: Content Editor
Chainlink (LINK) price has increased by 8% in the last 24 hours, with trading volume reaching $1.04 billion. Despite this, the number of addresses holding between 100,000 and 1,000,000 LINK has remained steady, indicating a neutral sentiment from large investors. While the Relative Strength Index (RSI) indicates strong buying momentum, it is approaching the overbought zone, suggesting potential resistance. The possibility of a Golden Cross forming could provide upward momentum for LINK, but there is also a risk of a potential reversal if the uptrend falters.
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