The native token of Chainlink, LINK, is showing signs of recovery after a significant decline in December 2024. Whales have purchased over 1.40 million LINK tokens in the past four days, indicating confidence and interest in the market approaching the presidential inauguration. This accumulation has led to a 22% price rally and is expected to continue driving upward momentum. Technical analysis suggests a potential breakout and a 20% increase in the coming days, with the altcoin breaching the 200 EMA. Currently, LINK is trading near $23.40 with a 1.20% upward momentum but a decrease in trading volume.



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