{"id":241670,"date":"2024-02-05T19:23:17","date_gmt":"2024-02-05T13:53:17","guid":{"rendered":"https:\/\/dripp.zone\/news\/chainlink-price-prediction-as-whales-buying-spree-signals-30-target-in-sight-crypto-news\/"},"modified":"2024-02-05T19:23:20","modified_gmt":"2024-02-05T13:53:20","slug":"chainlink-price-prediction-as-whales-buying-spree-signals-30-target-in-sight-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/chainlink-price-prediction-as-whales-buying-spree-signals-30-target-in-sight-crypto-news\/","title":{"rendered":"Chainlink Price Prediction As Whales&#8217; Buying Spree Signals $30 Target in Sight &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"post-178622\">\n<p>\nChainlink Price Prediction: The uptick in whale accumulation coinciding with the rise in price suggests that the LINK price has the potential for further upward movement.\t\t\t\t<\/p>\n<div class=\"marketThumbs\">\n             <\/div>\n<p class=\"MarketsUp f-14 d-block\">  Published 46 mins ago<br \/>Updated 30 mins ago <\/p>\n<div class=\"SocialMarketS d-flex position-static\">\n<div class=\"Socilsm w-100 justify-content-between\">\n<div class=\"LinksSo p-0\">\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/share\/url?url=https:\/\/coingape.com\/markets\/chainlink-price-prediction-whales-buying-spree-30-sight\/&#038;text=Chainlink Price Prediction As Whales\u2019 Buying Spree Signals $30 Target in Sight\" class=\"TeleS\"><i class=\"fa fa-paper-plane-o\"\/><\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/share?url=https:\/\/coingape.com\/markets\/chainlink-price-prediction-whales-buying-spree-30-sight\/\" class=\"tw_new_logo\"><br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"18\" height=\"18\"\/><br \/>\n<\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/coingape.com\/markets\/chainlink-price-prediction-whales-buying-spree-30-sight\/\" class=\"TeleSFb\"><i class=\"fa fa-facebook\"\/><\/a>\n                    <\/div>\n<div class=\"ads\">\n<p>    <span><br \/>\n      <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/bit.ly\/3RLIAHh\" class=\"ml-2\"><br \/>\n      <img width=\"252\" height=\"63\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/01\/bestCrypto.png\" alt=\"bons\" decoding=\"async\" loading=\"lazy\" class=\"image-ads-title-button\"\/><br \/>\n      <\/a><br \/>\n    <\/span><\/div>\n<\/p><\/div>\n<p>                    <!-- \n\n<div class=\"m-on\">\n<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bydfi.com\/invite?ru=6FPHxM&f=coingape\" class=\"add-container border-chnage ml-2\"> <img loading=\"lazy\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20150%2040'%3E%3C\/svg%3E\" alt=\"Bonus\" decoding=\"async\" class=\"image-ads\" width=\"150\" height=\"40\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/25122123\/bonus.png\"><noscript><img src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/25122123\/bonus.png\" alt=\"Bonus\" decoding=\"async\" loading=\"lazy\" class=\"image-ads\" width=\"150\" height=\"40\"><\/noscript>\n    <\/a>\n<\/div>\n\n -->\n                <\/div>\n<div class=\"Atcs\">\n<p><span style=\"font-weight: 400;\">Chainlink Price Prediction: <\/span><span style=\"font-weight: 400;\">Outperforming the broader market consolidation, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/whats-next-chainlink-link-price-after-30-surge\/\">Chainlink (LINK)<\/a> has emerged as<\/span> a standout performer among the leading cryptocurrencies. The coin price soared from $13.67 to $19.7 in just two weeks, marking a 44% increase. This surge has successfully pierced a key resistance level of a long-coming chart pattern, suggesting that the coin\u2019s recovery may be in its initial stages.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p>Also Read: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/chainlink-link-price-shoots-17-dominating-altcoin-rally-next-target-25\/\">Chainlink (LINK) Price Shoots 17% Dominating Altcoin Rally, Next Target $25<\/a><\/p>\n<h2><strong>LINK Price Escapes a 22-Month Accumulation<\/strong><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The cup and handle pattern leads the current recovery trend in the LINK price<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The high momentum rally in Chainlink price may witness occasional pullback to 20-day EMA<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The intraday trading volume in the LINK coin is $1,09 Billion, indicating a 95.96% gain.<\/span><\/li>\n<\/ul>\n<figure style=\"width: 1946px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Chainlink Price Prediction| \" width=\"1946\" height=\"937\" data-lazy-src=\"https:\/\/s3.tradingview.com\/snapshots\/s\/SmD97hAN.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/s3.tradingview.com\/snapshots\/s\/SmD97hAN.png\" alt=\"Chainlink Price Prediction| \" width=\"1946\" height=\"937\"\/><\/noscript><figcaption class=\"wp-caption-text\">Chainlink Price Prediction| TradingView Chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Over the last quarter, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/chainlink\/\">Chainlink price<\/a> has been locked in a lateral movement, finding it challenging to maintain a foothold above the pivotal $17.5 resistance level. Initially, this sideways trend cast a shadow of doubt among investors, but a broader examination of the long-term chart reveals the emergence of a cup and handle formation.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During the evolution of this pattern, the ongoing consolidation phase is typically recognized as a period that rejuvenates the previously waning bullish momentum, leading up to a significant bullish thrust.\u00a0<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\">On February 2nd, the asset\u2019s value surged past the neckline resistance of the pattern at $17.5, hinting at the commencement of a trend reversal. The 8% surge in the day\u2019s value that followed acts as a confirmation of buyers\u2019 stance and setting the stage for an extended recovery.<\/span><\/p>\n<h2><b>Over $2 Million in $LINK Withdrawn in a Strategic Shift<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">According to Lookonchain, a respected on-chain data tracker, there\u2019s been a significant movement of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/19m-chainlink-tokens-unlocked-and-move-to-binance-link-price-volatility-soon\/?utm_source=sidebartabnews\">$LINK tokens<\/a>. Specifically, within the span of just one hour, four new wallets have moved a staggering total of 119,583 $LINK, valued at approximately $2.15 million, away from the Binance exchange.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This activity could signal a bullish sentiment among large-scale investors towards Chainlink, suggesting they see potential value in accumulating $LINK at current levels.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">It seems that a whale\/institution is accumulating <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24LINK&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LINK<\/a>!<\/p>\n<p>We noticed 4 fresh wallets withdrew a total of 119,583 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24LINK&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LINK<\/a>($2.15M) from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\">#Binance<\/a> in the past 1 hour.<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/G09rO9rlwN\">https:\/\/t.co\/G09rO9rlwN<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/Bby3SaN7cm\">https:\/\/t.co\/Bby3SaN7cm<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/0NowecVP2a\">https:\/\/t.co\/0NowecVP2a<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/dVX9K2CNeK\">https:\/\/t.co\/dVX9K2CNeK<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/KJsY0w7F5W\">pic.twitter.com\/KJsY0w7F5W<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/lookonchain\/status\/1754332132095427026?ref_src=twsrc%5Etfw\">February 5, 2024<\/a><\/p>\n<\/blockquote>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\">Thus, under the influence of the bullish chart pattern and whale accumulation, the LINK price can chase potential targets of $24.28, followed by $30.7.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Experimental Moving Average: An uptick in the daily EMAs(20, 50, 100, and 200) indicates the aggressive buying trend in the market.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">ADX: The rising ADX slope at 21% indicates that there is potential for the bullish trend to continue and gain strength.<\/span><\/li>\n<\/ul>\n<h3>Related Articles:<\/h3>\n<\/p><\/div>\n<div class=\"MarketBottm\">\n<div class=\"Socilsm\">\n<p>\n                    Share this article on:<\/p>\n<div class=\"LinksSo\">\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/share\/url?url=https:\/\/coingape.com\/markets\/chainlink-price-prediction-whales-buying-spree-30-sight\/&#038;text=Chainlink Price Prediction As Whales\u2019 Buying Spree Signals $30 Target in Sight\" class=\"TeleS\"><i class=\"fa fa-paper-plane-o\"\/><\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/chainlink-price-prediction-whales-buying-spree-30-sight\/\" data-action=\"share\/whatsapp\/share\" class=\"TeleSwp\"><i class=\"fa fa-whatsapp\"\/><\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/share?url=https:\/\/coingape.com\/markets\/chainlink-price-prediction-whales-buying-spree-30-sight\/\" class=\"tw_new_logo\"><br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"18\" height=\"18\"\/><br \/>\n<\/a><br \/>\n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/coingape.com\/markets\/chainlink-price-prediction-whales-buying-spree-30-sight\/\" class=\"TeleSFb\"><i class=\"fa fa-facebook\"\/><\/a>\n                    <\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA178622\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD178622\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p>     <!--           <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/category\/price-analysis\/\" class=\"closeArticle2 close-btn\">Close Story<\/a>--><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chainlink Price Prediction: The uptick in whale accumulation coinciding with the rise in price suggests that the LINK price has the potential for further upward movement. Published 46 mins agoUpdated 30 mins ago Chainlink Price Prediction: Outperforming the broader market consolidation, Chainlink (LINK) has emerged as a standout performer among the leading cryptocurrencies. The coin [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":241671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-241670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/241670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=241670"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/241670\/revisions"}],"predecessor-version":[{"id":241672,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/241670\/revisions\/241672"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/241671"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=241670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=241670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=241670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}