Chainlink Price: Whale Buying Spree Hints At 15% Surge, But There’s A Catch

Quick Summary:

Over the past week, the altcoin market has shown signs of forming a local bottom as the supply pressure from the Bitcoin correction has decreased.

With renewed buying interest, the Chainlink price rebounded by 16.2% from a multi-month support zone at $12.63, reaching $14.678.

With an intraday gain of 2%, the Chainlink price teases a bullish breakout from $14.6 resistance.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: India

Topics: Price Analysis LINK Chainlink price analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-02 @ 13:09:27 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 457 words

Reading Time: 3 minutes read

Sentences: 40 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21461098

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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Headquarters: India

News Last Updated: 9 hours ago

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