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CRYPTO

XRP Liquidity Breaks Out of XRPL Rails – Here is How Solana Becomes the New DeFi Hub

22 hours ago
CRYPTO

AAVE Jumps After Fed Cut – Here Is Why the V4 Upgrade Changed the Mood Fast

2 days ago
CRYPTO

Solana’s Breakout Momentum Builds – Here is Why the Next Major Move Looks Closer Than Ever

6 days ago
Home Category DEFI

DEFI

Cardano Edges Toward Breakout as Symmetrical Triangle Tightens
CARDANO

Cardano Edges Toward Breakout as Symmetrical Triangle Tightens

4 months ago
Avalanche (AVAX) Rides Institutional Momentum, Record On-Chain Growth, and Bullish Fractals Toward Possible $50–$55 Breakout
CRYPTO

Avalanche (AVAX) Rides Institutional Momentum, Record On-Chain Growth, and Bullish Fractals Toward Possible $50–$55 Breakout

4 months ago
SUI Breaks $80B in DEX Volume, Eyes Fresh Price Targets Despite Market Dip
CRYPTO

SUI Breaks $80B in DEX Volume, Eyes Fresh Price Targets Despite Market Dip

4 months ago
TRON Rally Stalls—But On-Chain Data Hints More Room to Run
CRYPTO

TRON Rally Stalls—But On-Chain Data Hints More Room to Run

4 months ago
Cardano’s TVL Debate Heats Up After Hoskinson’s Bold Take
CARDANO

Cardano’s TVL Debate Heats Up After Hoskinson’s Bold Take

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

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

4 months ago
Cardano’s 15B ADA Holder Milestone Could Be the Spark Before the Breakout
CARDANO

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

4 months ago
Chainlink’s Price Momentum Gains Strength as Whales and Institutions Pile In
CHAINLINK

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

4 months ago
Rare AAVE Signal Flashes Green — Could History Repeat?
CRYPTO

Rare AAVE Signal Flashes Green — Could History Repeat?

4 months 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

4 months ago
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