cryptd.in

另类 LinkedIn 适合加密人才

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

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 报告 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.

职位 Chainlink’s MVRV Ratio Signals Selling Exhaustion: What’s Next for LINK? 首次出现在 加密土豆.


评论

发表回复

您的邮箱地址不会被公开。 必填项已用 * 标注

最新信息

热门类别

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (458) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (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) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (74) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (6) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接,希望与大家分享。