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Chainlink LINK Sentiment Hits Three-Year High as Market Anticipates Breakout

Chainlink LINK Sentiment Hits Three-Year High as Market Anticipates Breakout

Author:

Global Cryptocurrency

Published:

2025-11-07 21:02:08

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Chainlink LINK News -

Chainlink's weighted social sentiment has reached its highest level in nearly three years, according to Santiment's on-chain data. This bullish divergence between market psychology and price action suggests accumulation, as LINK struggles to maintain upward momentum at $14.82.

Analysts note such sentiment-led reversals often require stabilization before price reacts. Historical patterns indicate strong recoveries follow when Optimism persists during consolidation—a scenario now unfolding with LINK.

The token's $10.31 billion market cap reflects muted trading activity, with 24-hour volume at $740.8 million. Traders appear to be positioning for a potential breakout as positive discourse outweighs short-term price performance.

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