CandleFocus Chainlink Whale Activity Hits High: Analysts Eye $100 LINK
2024-11-18
Author: Content Editor
Chainlink has broken past the $14 resistance level, signaling a major turnaround in the market. Whale activity has surged to a 3-month high, with large holders accumulating $369.8 million worth of tokens. Analysts have set ambitious targets of $20 in the short term and even $100 in the long term. The surge in whale activity suggests growing confidence in LINK. The token is decoupling from other altcoins and experiencing a breakout. The market sentiment is shifting, and there is an expectation of continued upward movement. LINK has the potential to reach $100 if it sustains its current levels. Overall, the technical setup and recent whale accumulation indicate potential short-term gains for LINK.
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