Chainlink Rebounds as Crypto Whales Swoop Up 438M LINK
Chainlink LINK’s 7.6% price climb in 24 hours suggests bullish technical momentum behind the altcoin, continuing last week’s momentum. The coin now sits at $14.11, finally reclaiming the $14 after a spell under that mark. LINK has seen significant challenges recently, dropping 14.62% in the last month and a total of 51.66% over the past six months. However, recent whale activity and the rebound have given investors hope. LINK recently fell below a $15 resistance, concerning investors. Experts were bullish on LINK in the altcoin season, suggesting it could potentially reach $20. The asset recently reclaimed $16, but has since tanked under that mark. While the tank immediately put investors in a state of worry, the slight pickup in the last 48 hours is helping LINK get momentum. That momentum can be seen in recent whale moves. Indeed, crypto whales (large holders of crypto assets) have swooped up 438M LINK, worth approximately $6,132,000,000 at press time. The sudden purchases...