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CRYPTO

TRON’s Slow Grind Could Set the Stage for a Big Breakout Toward $1

1 day ago
CARDANO

Cardano’s 15B ADA Holder Milestone Could Be the Spark Before the Breakout

1 day ago
CHAINLINK

Chainlink’s Price Momentum Gains Strength as Whales and Institutions Pile In

2 days ago
Home Category DEFI

DEFI

Rare AAVE Signal Flashes Green — Could History Repeat?
CRYPTO

Rare AAVE Signal Flashes Green — Could History Repeat?

3 days ago
Chainlink Surges as Reserve Mechanism Sparks Bullish Momentum Chainlink has been making waves in the market, jumping 13.83% in the last 24 hours and stacking up a 32.25% gain over the past week. This rally isn’t just a random spike — it’s being fueled by solid technical signals and powerful on-chain catalysts. At the heart of it is the new Chainlink Reserve, a mechanism launched on August 7th that’s already locking protocol revenue into LINK, creating a deflationary feedback loop that could help sustain long-term price strength. Whale activity has also played a part. Wallets holding 100k–1M LINK have grown their balances by 4.2% in early August, adding 4.55 million LINK (roughly $97 million). On top of that, derivatives open interest jumped 27%, while trading volume exploded 271% to $2.7B — signs of strong positioning without the danger of reckless overleveraging. Breaking Through Key Levels Right now, LINK is trading at $21.41, giving it a market cap of $14.52B and daily trading volume of $1.33B. The breakout above the $21 psychological barrier confirms a shift in market structure, with price holding well above strong support levels after hitting a daily high of $21.24 and a low of $18.78. Technically, things look healthy. The price has pushed past the 200-day EMA at $17.02 and broken a long-term descending resistance at $18.40. The RSI at 65.56 suggests momentum is strong but not yet overextended, and the MACD shows a clean bullish crossover. Next Moves for LINK If the momentum holds, the next upside targets are $21.89 and $23.99 (June high). Clearing those could open the door to $26.20. On the flip side, if LINK cools off, immediate supports sit at $19.51 and $17.64, with a deeper correction potentially dragging it toward $15.83.
CHAINLINK

Chainlink Surges as Reserve Mechanism Sparks Bullish Momentum: Key Price Levels to Watch Now

5 days ago
Aave Surpasses $60b in Net Deposits
CRYPTO

Aave Surpasses $60B in Net Deposits: Is This a Sign of a Bullish Upcoming Move?

1 week ago
Hyperliquid Snags 35% of Blockchain Revenue — and HIP-3 Could Change the Game
CRYPTO

Hyperliquid Snags 35% of Blockchain Revenue — and HIP-3 Could Change the Game

1 week ago
Tron Sees Its Biggest Profit-Taking Wave in Months
CRYPTO

Tron Sees Its Biggest Profit-Taking Wave in Months: Is Now the Time to Buy or Sell?

1 week ago
Solana’s Metrics Are Soaring… But Whales Are Slipping Out the Back Door
CRYPTO

Solana’s Metrics Are Soaring… But Whales Are Slipping Out the Back Door

1 week ago
XRP’s Path Ahead — Bounce or More Pain Coming?
CRYPTO

Analysts Believe XRP’s Next Move Will Shock Investors, and Here is Why: Key Levels to Watch

1 week ago
XRP Loses Ground as Bitcoin Slides — But Is $2.6 the Bounce Zone?
CRYPTO

XRP Loses Ground as Bitcoin Slides — But Is $2.6 the Bounce Zone?

1 week ago
Solana Slips as SUI Takes the Lead — Can the Correction Flip Into a Breakout?
CRYPTO

Solana Slips as SUI Takes the Lead — Can the Correction Flip Into a Breakout?

2 weeks ago
Cardano's Tug-of-War: Whales Selling, Retail Holding, Shorts Circling
CARDANO

Cardano’s Tug-of-War: Whales Selling, Retail Holding, Shorts Circling

2 weeks ago
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