Posted 12/3/2023, 10:53:18 AM
Chainlink Price Pushes Towards Breakout as Whales Accumulate and Supplies Tighten
- LINK price nears a bullish ascending triangle breakout towards $19.50, 20% above current levels
- LINK supply on crypto exchanges has plunged 19% since August to the lowest since February 2020
- Declining exchange supplies hints traders are holding LINK over selling it
- LINK whales have accumulated $50 million worth of tokens since November
- Chainlink's top holders believe its value will continue rising by New Year's