Chainlink price remained under pressure as it crashed for four consecutive weeks and hit a crucial support level. Summary Chainlink price has crashed to an important support level this week. Grayscale will likely launch the GLINK ETF next week. LINK price has formed a head-and-shoulders pattern on the weekly chart. Chainlink (LINK) token dropped to $12, its lowest level since …
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Elliot Wave points to a Chainlink price rebound as whales buy
Chainlink price continued its strong downward spiral as Bitcoin and most altcoins crashed. Summary Chainlink price has crashed amid the ongoing crypto market plunge. Whales are buying LINK while the supply in exchanges is falling. The Elliot Wave pattern points to a strong comeback in the near term. The Chainlink (LINK) token plummeted to a low of $15.68, about 20% …
Read More »Chainlink Whales Stack 85M LINK Amid Retail Cooling Will Price Catch Up?
Chainlink’s big players, the whales, are swimming in a pool of 85 million LINK tokens, a consequence of retail investors staying ashore. But don’t think the current is still; while small fish are scarce, institutions are steadily scooping up LINK, draining exchanges by a consistent 100,000 LINK each week. The question is: Will the whales keep accumulating, or will a …
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