- Chainlink whales accumulate 2M LINK in 48 hours, signaling confidence.
- Technicals show upside toward $30, with projections as high as $46.
- Analysts predict a potential 184% rally, pushing LINK near $79 if trends continue.
Chainlink (LINK) has attracted heavy investor interest, with whales buying nearly 2 million tokens in just 48 hours. Analysts now predict a potential 184% rally that could send LINK toward $79, despite a brief pullback in the last 24 hours.
Chainlink Technical Analysis: Key Levels to Watch
LINK is trading around $23.50 while holding support near $22.50. A decisive move above $26 could open the way to $30, which has historically acted as resistance. If LINK breaks past $30, Fibonacci projections suggest a possible climb toward $46, signaling the start of a parabolic phase.
Whale Buying Activity Strengthens Bullish Case for LINK
Large-scale accumulation from whale investors often signals confidence in long-term growth. The recent 2 million LINK purchase suggests big players expect a breakout, aligning with bullish technical patterns that point toward higher targets in the coming months.
Chainlink Expands Real-World Use Cases with DualMint Partnership
Chainlink’s collaboration with DualMint, a platform for tokenizing real-world assets, highlights its growing role in decentralized finance. By integrating Chainlink’s Proof of Reserve and data feeds, DualMint aims to support small businesses with secure financial services, expanding LINK’s ecosystem and adoption.
Chainlink Price Prediction: Analysts See 184% Surge Toward $79
With whale accumulation, bullish technical setups, and real-world adoption through new partnerships, Chainlink’s outlook remains strong. If momentum holds, LINK could rally past $30, target $46, and eventually surge toward the $79 level projected by analysts.