Data Shows New Investors Flooded into Chainlink in 2020; Upside Imminent?
Over the past few weeks, Chainlink’s price action has been nothing short of lackluster, with the cryptocurrency failing to gain any serious momentum as investors widely shift their focus away from altcoins and towards Bitcoin. This trend shows few signs of letting up anytime soon, as most major altcoins are all stagnating as BTC continues […]
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Chainlink is the best performing crypto asset of the top ten cryptocurrencies by market cap in 2020, and the years prior since it first came into existence. And although the peak in 2020 could very well be in for now, and a massive rejection just occurred at a pivotal mathematical level, a bullish chart pattern […]
All eyes are on Chainlink (LINK) as the altcoin market resumes its recovery. The price of the leading cryptocurrency has gained 25% in the past week, reclaiming the $13 support as buyers have flooded back in. Chainlink is primed to move higher in the weeks ahead, analysts say. They cite positive fundamental trends and technical […]
On-chain data shows that large Chainlink holders have been buying during the past two weeks, a sign that’s positive for the coin’s rally. Chainlink Sharks & Whales Have Added Another $53 Million In LINK As pointed out by analyst Ali in a post on X, the large LINK investors have been buying recently. The indicator […]
On-chain data shows whale-sized Chainlink wallets have reached a new all-time high (ATH), a sign that big-money interest has been flowing into the network. Chainlink Wallets With At Least 100,000 LINK Have Set A New Record According to data from on-chain analytics firm Santiment, Chainlink has seen large wallets reach a new record. The indicator of relevance here is the “Supply Distribution,” which tells us about the total number of addresses that belong to a particular address group. Related Reading: Render Jumps 30% As Key On-Chain Metrics Break Out Wallets or investors are....
Chainlink may be trading at half of its all-time high, but it just broke a new record – this time for its best single-day performance in all of 2020. With such an outstanding rebound from local lows making the early days of the rally look weak by comparison, is this a sign that Chainlink is […]