Chainlink Sees 296% Jump In Large Transactions As Active Addresses Rise 14.7%, What’s Going On?

Este artículo también está disponible en español. Chainlink whales are once again on the move in what seems to be a general reawakening. Large transactions on the blockchain network have ballooned recently, alongside a drastic increase in active addresses, hinting at a notable development. Therefore, in this report, we take a look at the significant…

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Can Bulls Stage A Comeback?

Este artículo también está disponible en español. Chainlink is facing increasing bearish pressure as its price continues to edge lower, signalling a potential move toward the further downside. After a period of consolidation, the bears have regained control, pushing Chainlink closer toward the $9.28 support level.  However, bulls may not be ready to give up just…

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Is Chainlink (LINK) Sliding To $9? On-Chain Metrics Expose Weak Network Activity

Este artículo también está disponible en español. Chainlink (LINK) is at a crucial level after a sharp 22% retrace from recent local highs, sparking concern among investors and analysts. The recent downturn is compounded by unsettling on-chain data that suggests Chainlink’s network activity may weaken, adding to the uncertainty surrounding the asset. This decline in…

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Chainlink (LINK) Could Drop To $8 If It Loses Current Support: On-Chain Data Reveals

Chainlink (LINK) has faced significant volatility this week. Its price dropped over 13% from Monday’s high, bringing LINK to a critical support level of around $11.20. Traders and investors are closely monitoring this crucial area. Related Reading The importance of this level is further emphasized by on-chain data from Santiment, which shows that demand for…

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