cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

Chainlink’s MVRV Ratio Signals Selling Exhaustion: What’s Next for LINK?

-

by

cryptd.in
in

Chainlink’s (LINK) sharp 40% decline over the past month now raises questions about a potential rebound. The downturn coincides with a network contraction, indicating reduced activity.

The token is currently trading at a little over $18. However, certain factors signal that a rebound might just be on the horizon.

Comeback For LINK

According to the latest findings by popular crypto analyst Ali Martinez, the MVRV Ratio, which measures trader profitability, reveals that those who purchased LINK in the last 30 days are at an average loss of 16%, a level historically linked to selling exhaustion. Additionally, whales are showing confidence despite the dip.

In fact, these entities accumulated over $20 million worth of LINK tokens in the past 24 hours alone, which demonstrated early signs of a potential recovery.

However, for a confirmed uptrend, LINK must break above $19 to target $23.70. On the downside, the critical $15.50 support level is crucial – losing it could invalidate the bullish outlook and lead to further losses.

Chainlink has been one of the top assets that World Liberty Financial, a financial company linked to the Trump family, has invested in over the past two months. This not only briefly boosted LINK’s price in December but also intensified whale accumulation.

US blockchain company Ripple recently partnered with Chainlink to accelerate the adoption of the cross-border payments firm’s stablecoin, Ripple USD (RLUSD). As part of the deal, Chainlink’s price oracle feeds will offer real-time pricing data for RLUSD on Ethereum to help DeFi applications integrate the stablecoin for trading and lending, among other use cases.

Chainlink Tops in RWA Space

Santiment recently 보고 that Chainlink continues to dominate the development activity in the real-world assets (RWA) sector.

The decentralized oracle network outpaced competitors such as Ethereum-based synthetic asset platform Synthetix (SNX), privacy and tokenization-focused Dusk Foundation (DUSK), and Reserve Protocol (RSR), which lets users create a new currency backed 1:1 by a collection of tokenized assets. Chainlink recorded around 669 significant GitHub events over the past 30 days.

게시물 Chainlink’s MVRV Ratio Signals Selling Exhaustion: What’s Next for LINK? 에 처음 등장 크립토포테이토.

댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

ko_KR 한국어
ko_KR 한국어 en_US English ro_RO Română et Eesti ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (458) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (74) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (5) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (4) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (6) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.