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Chainlink (LINK) has been showing promising signs of resilience, especially in comparison to many of its high-cap counterparts. The digital asset recently dipped to $17.30 but has avoided a deeper correction, positioning it well for a possible rebound.
The altcoin recovery in the broader digital currency ecosystem is underway, and Chainlink (LINK) is riding the train high. Over the past 24 hours, Chainlink has flipped Stellar (XLM) in market cap rankings to reenter the top 10 list of the most capitalized coins.
Over the past month, Chainlink (LINK) has struggled under the weight of a bearish market sentiment. The asset has experienced a steady decline in value, with its price slipping below key support levels.
Unlike its rivals, LINK has avoided deeper correction, giving it an added advantage.
Bitcoin remains stuck inside the range, with no clear indication of a price breakout or breakdown.
Despite a decline, LINK whales have continued their accumulation spree.
Chainlink price is on the verge of a major bullish reversal after its Market Value to Realized Value (MVRV) ratio flipped negative. Historical trends indicate that this decline precedes a run-up that could lead to a 312% rally.
Decentralized oracle network Chainlink has dropped nearly 40% over the past month, leaving investors wondering if a rebound might be on the horizon.
On-chain data shows that Chainlink whales have accumulated more than $20 million worth of $LINK in the past 24 hours, thus currently holding 191M tokens.
Chainlink (LINK) started the week on a bullish note as DeFi tokens stole the show amidst LIBRA-driven pessimism in the meme token sector. The altcoin hovers at $18 after significant volatility in the past 24 hours. Notably, LINK failed to overcome the key resistance at $20 again.
Chainlink (LINK) has been facing a tough market environment recently, with the token experiencing a significant drop in price. Despite this, investor interest, particularly from whales, continues to persist.
Chainlink's short-term outlook remains cautious due to bearish momentum, but long-term prospects remain strong.
Chainlink (LINK) has become one of the standout players in the cryptocurrency market, attracting the attention of investors and developers worldwide. Known for its unique functionality as a decentralized oracle network, Chainlink plays an essential role in connecting smart contracts with real-world data.
Despite a notable price drop in recent days, LINK, the native token of Chainlink, remains in the sights of investors and whales. Today, February 18, 2025, a prominent crypto expert posted on X (formerly Twitter) that, amid the recent decline, crypto whales have purchased over 1.10 million LINK tokens in the past 24 hours.
The crypto market is showing mixed signals, causing some altcoins to climb while others experience declines. However, certain altcoins are catching investors' attention due to recent developments surrounding the tokens.
Bitcoin (BTC) registered a drop late on Monday, falling from $97,000 to $95,243 before rebounding and settling just above $96,000. The flagship cryptocurrency registered another slump during the current session, falling to a low of $95,189 before recovering and moving to its current level.
Chainlink's price has entered a multi-week correction after reaching $30 in December, falling 29% since Trump's inauguration despite expectations of crypto-friendly policies, with analysts predicting further volatility ahead.
Chainlink (LINK) has recently experienced a significant drop in volatility, now sitting at 80.47%, a decrease that has drives interest in the cryptocurrency community. Historically, volatility often plays a key role in predicting future price movements in the crypto market, and the sharp decline in LINK's price fluctuations could be the calm before the storm.
The cryptocurrency market remains volatile as the Ethereum price hovers around $2,700, facing resistance in its upward movement. The broader market has struggled to regain strength, with most altcoins trading sideways.
LINK, Chainlink's native token, is gaining traders' attention despite ongoing market uncertainty. This is due to the continuous accumulation by whales in recent days and the bullish price action forming on LINK's chart.
Bitcoin bulls appear reluctant to buy dips after BTC's repeat failures to secure a close above $98,500.
Chainlink price rose on Monday, trading at $19.49 at the time of writing with daily gains of 4.4%. The crypto coin has recently been on a strong upward momentum, and has risen by more than 6% in the last week.
As the 2025 crypto bull run approaches, analysts are closely watching Chainlink (LINK) and Coldware (COLD), two projects that could see exponential gains. While Chainlink (LINK) is predicted to reach $120, Coldware (COLD) is gaining traction among institutional investors, with some experts forecasting a massive jump to $6 in 2025.
Smart DEX traders are reaccumulating, pointing to a bullish trend for LINK's price.
