The native token of Chainlink, LINK, has seen increasing interest from whales and long-term holders. On-chain metrics reveal a significant outflow of $75 million worth of LINK from exchanges to wallets, suggesting long-term holders are withdrawing tokens and potentially signaling a buying opportunity. However, LINK has recently experienced a price decline and is currently trading near $27.22, with a 5.5% decrease in the past 24 hours. Despite this, a prominent crypto expert suggests that the TD Sequential indicator is flashing a buy signal for LINK, indicating a potential price increase to $30.2. Nevertheless, if LINK's current bearish market sentiment persists, there is a possibility of a 20% decline to the next support level at $21.75.



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