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Chainlink Defies $25M Sell-Off Pressure - Can Bulls Drive LINK to $18?

Chainlink Defies $25M Sell-Off Pressure - Can Bulls Drive LINK to $18?

Author:
tipranks
Published:
2025-10-31 14:25:11
8
2

Trump Urges Republicans to Take the ‘Nuclear Option,’ Scrap Filibuster

Chainlink whales just made their move against massive selling pressure - and the entire crypto market is watching.

The $25 Million Standoff

While traditional finance types worry about quarterly earnings, Chainlink investors are playing a different game entirely. A coordinated effort to absorb $25 million in selling pressure has traders wondering if this is the beginning of something bigger.

Technical Breakout Territory

The $18 price target isn't just a random number - it represents a critical resistance level that could trigger algorithmic buying across major exchanges. Market makers know this, retail knows this, and now the whales are showing their cards.

The Institutional Angle

Unlike your average meme coin, Chainlink's oracle networks actually power real-world financial infrastructure. That fundamental strength combined with technical momentum creates a potent cocktail for price appreciation.

Will the bulls succeed where traditional portfolio managers would've already folded? The market's about to find out - and someone's getting rich either way.

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“It is now time for the Republicans to play their ‘TRUMP CARD,’ and go for what is called the Nuclear Option – Get rid of the Filibuster, and get rid of it, NOW,” Trump said in a Truth Social post.

Trump Targets Filibuster, Aims to ‘Take Advantage of the Democrats’

The filibuster is a Senate rule that requires most resolutions to receive 60 votes in order to pass, benefiting the minority party. Eliminating the filibuster WOULD allow legislation to pass with a simple majority in a Republican-controlled Senate and could boost the odds of the government reopening.

Trump added that former President Barack Obama and former Majority Leader Harry Reid tried to get rid of the filibuster in order to take advantage of Republicans. “Now I want to do it in order to take advantage of the Democrats,” Trump said.

|Square

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