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Chainlink (LINK) Shows Strong Accumulation Signals, Eyes $30 Rally
Chainlink (LINK) Shows Strong Accumulation Signals, Eyes $30 Rally
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Chainlink LINK News -
Chainlink (LINK) is consolidating NEAR the $18 level, with technical indicators pointing to a potential 50% surge toward $30. Trading volume spiked 73.67% to $4.61 billion, while open interest rose 22.34%, indicating increased market participation.
The $8.67 million in recent liquidations highlights strong bullish momentum. Analysts note a solid support base forming at $18—a classic accumulation pattern often seen before breakouts. LINK's oracle network continues to drive fundamental demand as decentralized applications increasingly depend on its secure data feeds.
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