Chainlink Surges 15.27% in One Week Amid Whale Accumulation
- Price Recovery: Chainlink (LINK) surged by 15.27% over the past week, reaching an intraday peak of $10.60, the highest level in over three months, indicating strong market demand and a resurgence of investor confidence.
- Whale Accumulation: In the past month, whale wallets increased their holdings by approximately 32.85 million LINK tokens, reflecting enhanced confidence among major investors, with balances rising from 265.02 million to 288.04 million, an 8.7% increase.
- Increased Social Discussions: As Chainlink's price has risen, social media discussions have significantly increased, indicating heightened market attention towards the project, which further drives investor interest and engagement.
- Technical Breakout Signals: Analysts noted that Chainlink has exited a multi-year consolidation phase, and if the breakout is confirmed with increased volume, potential gains of 100% to 150% could be realized, showcasing optimistic market expectations for its future performance.
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Technical Analysis for X
Technical Sentiment Analysis for X Empire (X). As of , X Empire (X) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 5 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for X stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, X is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
X Empire (X) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000844 | 0.0000098 | 0.0000114 | 0.0000127 | 0.0000143 | 0.0000156 | 0.0000172 |
| Fibonacci | 0.0000098 | 0.0000109 | 0.0000116 | 0.0000127 | 0.0000138 | 0.0000145 | 0.0000156 |
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