Chainlink: Despite 3% dip, why LINK will potentially rise soon

Chainlink Slips 3% — Is a Breakout Just Around the Corner?

Chainlink reserves fell, indicating accumulation and long-term holding by investors. Whale activity shows mixed signals, with large inflows followed by steady outflows. LINK must break $15.55 resistance to confirm a bullish trend reversal. Chainlink's LINK has pulled back by 3.9% in the past 24 hours. That’s not alarming—especially after a 21.6% surge earlier this month. Still, questions are flying. Are we seeing a temporary pause before a major…

What Is Chainlink in Crypto? What Is Chainlink in Crypto?

What Is Chainlink in Crypto? Chainlink is a decentralized oracle network that connects smart contracts on blockchains with real-world data, events, and payments. While blockchains are powerful tools for decentralized transactions, they often struggle to interact with data outside their networks. Chainlink solves this problem by acting as a bridge, enabling smart contracts to access external information securely and reliably. As blockchain techno…

Under-the-Radar Altcoin Flashing Same Setup That Preceded 3,797% Explosion For Chainlink, According To Analyst - Data Intelligence

A crypto trader says a mid-cap altcoin flying under the radar looks primed to repeat Chainlink’s (LINK) blistering rally during the 2020 bull cycle. Pseudonymous analyst Inmortal tells his 231,800 followers on the social media platform X that he’s bullish on the native asset of the layer-2 scaling solution Mantle (MNT). According to Inmortal, MNT appears to be mirroring Chainlink’s consolidation from 2019 to 2020, which preceded LINK’s ascent fr…

Chainlink Price Holds $6.30 Support—But Can Bulls Push Through $15.22 Resistance?

Key Insights: Over 376M LINK accumulated between $4.33 and $7.05 signals a strong support zone. LINK has broken out of a falling wedge, with resistance seen near $15.22. Exchange balances drop post-distribution, reducing selling pressure. The heavy accumulation has kept Chainlink (LINK) at a strong support level around $6.30. Meanwhile, LINK is currently trading around $13.24 and is close to a major resistance zone at $15.22, and traders are wa…

Chainlink’s Downtrend Persists Despite 41% Surge in New Addresses: What’s Next? ETHNews

Chainlink’s 3.9% price drop follows a 21.6% surge, reflecting short-term volatility amid a broader 2025 downtrend. Exchange reserves decline signals accumulation, though March’s 14.57M LINK inflow hinted at potential sell-off intentions. Chainlink’s price has continued to decline over the last day, falling by 3.9% after previously rising approximately 21.6% between April 9 and April 21. Although the recent downturn suggests short-term volatility…

Chainlink: Despite 3% dip, why LINK will potentially rise soon

The Chainlink on-chain metrics appeared to signal increased network usage and accumulation trends, but these could be slightly misleading.