Analysis of LINK over the past 24 hours: Impressive growth! 🚀
Recent price movements
$LINK is trading at $23.58, slightly down from the previous hour
In the past 24 hours, the price has increased by about 6%, fluctuating between $23.23-$24.37
Trading volume is very strong, especially during the hour of 11:00 PM on August 13th with over 6.3 million USD
Highlights 📰
LINK has impressively increased by 46% over the past 7 days, outperforming many other cryptocurrencies that are moving sideways
A "whale" has transferred 290,000 LINK (approximately 7.08 million USD) from Binance after 2 years of silence - a noteworthy move!
On the Upbit exchange, LINK has increased by 10.08% with trading volume reaching 100.5 billion won, indicating strong buying pressure
Technical analysis 📊
The price is showing signs of accumulation after a strong surge, with support around the $23.4-$23.5 range
Although there have been a few hours of slight adjustments, the upward trend is still being maintained
High trading volume demonstrates significant interest from investors
Notable point 💡
There are rumors that LINK could increase an additional 30% if the current trend continues, especially as Chainlink's Oracle network is expected to expand
