Rebounds ChainLink – Could it be $ 18 the next Link? evaluation … star-news.press/wp

Main meals

• Link recovered from support amid the size of increased derivatives, long, strong attention, and whale activity. While the bullish signals grow, the unequal data on the series of momentum may limit the resistance of $ 18.

ChainLink (link) It has been recovered from the lower border of its parallel pillar, as the available demand and long situations rise through the derivative markets, indicating the renewal of the investor’s confidence.

At the time of the press, the price was traded by about $ 13.50, slightly higher than the support level of $ 12.50, which historically paid an upward momentum. This recovery is in line with a long -term upward structure dating back to mid -2013.

If momentum continues and purchases interest, then re -testing the resistance of the Mid -Channel Channel of $ 18 appears to be reasonable in the short term.

Source: x/ali

Will the immediate market power engine work beyond the resistance?

CVD Taker Spot has continued over the past ninety days to show a dominant presence on the purchase side. This trend means that aggressive buyers intervene during the stages of monotheism.

As long as LINK exceeds $ 12.50 with a high demand for Taker, feelings may remain short in favor of Bulls.

The current accumulation indicates that strong hands are preparing for upward penetration, making immediate behavior an important indication of monitoring the next step.

Source: Cryptoquant

Does ChainLink network alluded to a stronger base?

The title activity on the series offers a mixed but a little optimistic image. The active headlines increased by 6.42 %, reflecting the growth of the growing network, while new addresses decreased by 2 %.

The zero balance addresses increased by 11.68 %, which can indicate a renewable wallet movement or re -identify the position of the money.

Despite the modest growth, consistency in active participation supports the list of mature and sustainable user base instead of short -term speculation activity.

Source: IntTHEBLOCK

next to, practical The charges remain dramatically towards small and nineteenth transfers.

While transactions of one million dollars increased to $ 10 million by 81.82 %, most medium -term arches, including a 13.09 % decrease in $ 1,000 and 10 thousand dollars and 23.64 % in volumes 10 thousand dollars to $ 100,000.

This contrast highlights a cautious position among medium investors, even with the restoration of the chosen whale bag.

Therefore, although high -value transactions offer bullish signals, the broader market lacks full participation.

Can growing derivatives support ChainLink?

At the time of writing this report, derivatives activity A sharp increase witnessed, as the trading volume jumped by 40.49 % to $ 1.18 billion and the open interest increased 11.60 % to 738.51 million dollars.

Meanwhile, Binance data showed that 68.32 % of merchants held long positions, prompting the long/short percentage to 2.16.

This bullish bias reflects the increasing confidence among the recall participants. If it is strengthened by immediate support and support on the chain, this may be a launching platform to return to the next stage.

Source: Coinglass

Can a link that raised about $ 18 extended?

With ChainLink recovery of strong structural support and increased pressure on the purchase side through both stain and derivative markets, conditions seem favorable to the continuation of the upward trend.

However, the activity of unequal transactions on the series and the late retail size may still divide the momentum.

If current trends persist, LINK may try to move towards the 18 -dollar resistance area.