{"id":50157,"date":"2025-04-04T11:42:17","date_gmt":"2025-04-04T11:42:17","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/chainlink-price-prediction-link-could-jump-35-as-whale-buys-2-million-at-key-leve\/"},"modified":"2025-04-04T11:42:17","modified_gmt":"2025-04-04T11:42:17","slug":"chainlink-price-prediction-link-could-jump-35-as-whale-buys-2-million-at-key-leve","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/chainlink-price-prediction-link-could-jump-35-as-whale-buys-2-million-at-key-leve\/","title":{"rendered":"Chainlink price prediction: LINK could jump 35% as whale buys $2 million at key leve;"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<ul>\n<li data-start=\"3540\" data-end=\"3591\">LINK is trading at $12.53, down 7.28% in 24 hours.<\/li>\n<li data-start=\"3540\" data-end=\"3591\">LINK could surge 35% if it breaks $15.68 resistance.<\/li>\n<li data-start=\"3540\" data-end=\"3591\">MVRV Z-score at 3.09 suggests a bullish accumulation zone.<\/li>\n<\/ul>\n<p class=\"\" data-start=\"95\" data-end=\"688\">Chainlink (LINK) is trading at a critical level as market data points to heightened volatility and investor activity.<\/p>\n<p class=\"\" data-start=\"95\" data-end=\"688\">The token, now priced at $12.76, has dropped 7.28% in the last 24 hours.<\/p>\n<p data-start=\"95\" data-end=\"688\"><\/p>\n<p data-start=\"95\" data-end=\"688\">Source: <a href=\"https:\/\/coinmarketcap.com\/currencies\/chainlink\/\">CoinMarketCap<\/a><\/p>\n<p class=\"\" data-start=\"95\" data-end=\"688\">However, technical indicators and whale accumulation suggest the possibility of a significant move.<\/p>\n<p class=\"\" data-start=\"95\" data-end=\"688\">A major investor recently bought nearly 140,000 LINK for $2 million at $14.30, signalling major interest.<\/p>\n<p class=\"\" data-start=\"95\" data-end=\"688\">Meanwhile, LINK is forming a symmetrical triangle and descending wedge patterns typically associated with breakouts.<\/p>\n<p class=\"\" data-start=\"95\" data-end=\"688\">If the price clears resistance at $15.68, it could rally 35% to $18.18.<\/p>\n<h2>Whale activity and resistance levels<\/h2>\n<p class=\"\" data-start=\"764\" data-end=\"1090\">A large holder recently acquired 139,860 LINK at an average price of $14.30, increasing their total holdings to 147,553 LINK.<\/p>\n<p class=\"\" data-start=\"764\" data-end=\"1090\">This investor previously profited $161,000 from earlier LINK trades, suggesting a pattern of well-timed entries.<\/p>\n<p class=\"\" data-start=\"764\" data-end=\"1090\">These high-volume transactions often signal market optimism and precede price rallies.<\/p>\n<p class=\"\" data-start=\"1092\" data-end=\"1474\">LINK is currently facing resistance at the whale&rsquo;s entry level of $14.30, and $15.68 remains a key level for bulls.<\/p>\n<p class=\"\" data-start=\"1092\" data-end=\"1474\">A break above this could trigger a 35% rise, reaching a price target of $18.18.<\/p>\n<p class=\"\" data-start=\"1092\" data-end=\"1474\">On the downside, if LINK fails to hold support at $12.57,&nbsp; it could dip toward $11.50.<\/p>\n<h2>Chart setup and volatility signals<\/h2>\n<p class=\"\" data-start=\"1542\" data-end=\"1788\">LINK&rsquo;s price structure is compressing within a symmetrical triangle and descending wedge, commonly known as a megaphone pattern.<\/p>\n<p class=\"\" data-start=\"1542\" data-end=\"1788\">This setup usually precedes large price moves, with increased volatility and potential breakouts in either direction.<\/p>\n<p class=\"\" data-start=\"1790\" data-end=\"2162\">At current levels, LINK is navigating a narrow range that has historically led to high-impact swings.<\/p>\n<p class=\"\" data-start=\"1790\" data-end=\"2162\">If the price breaches $15.68, traders could see a quick move toward the $18.00 mark.<\/p>\n<p class=\"\" data-start=\"1790\" data-end=\"2162\">This would likely be fueled by short-covering and retail buying.<\/p>\n<p class=\"\" data-start=\"1790\" data-end=\"2162\">On the flip side, a close below the $12.57 support would break the bullish structure, potentially sending prices lower.<\/p>\n<h2>On-chain metrics show accumulation<\/h2>\n<p class=\"\" data-start=\"2232\" data-end=\"2472\">The MVRV Z-score&mdash;a key metric to identify overbought or undervalued conditions&mdash;is at 3.09.<\/p>\n<p class=\"\" data-start=\"2232\" data-end=\"2472\">Historically, Z-scores between 2 and 3 have preceded major LINK rallies. For comparison, LINK surged over 120% in early 2023 after a similar reading.<\/p>\n<p class=\"\" data-start=\"2474\" data-end=\"2843\">In addition, daily active addresses have risen to 921, up from March lows. This signals increased user activity and could support long-term price growth.<\/p>\n<p class=\"\" data-start=\"2474\" data-end=\"2843\">Exchange reserves have also dropped 3.11% to $2.15 billion, indicating that fewer LINK tokens are available for immediate sale.<\/p>\n<p class=\"\" data-start=\"2474\" data-end=\"2843\">Reduced supply on exchanges typically signals strong holding behaviour among investors.<\/p>\n<h2>Liquidity and whale confidence grow<\/h2>\n<p class=\"\" data-start=\"2902\" data-end=\"3142\">The recent $2 million whale investment has aligned with positive on-chain indicators, including reduced supply and rising address activity.<\/p>\n<p class=\"\" data-start=\"2902\" data-end=\"3142\">Together, these form a bullish setup in the face of technical resistance and volatile price action.<\/p>\n<p class=\"\" data-start=\"3144\" data-end=\"3494\">If LINK manages to cross the $15.68 resistance, it could rise to $18.18.<\/p>\n<p class=\"\" data-start=\"3144\" data-end=\"3494\">The next major resistance level would then be around $20.<\/p>\n<p class=\"\" data-start=\"3144\" data-end=\"3494\">External factors like Bitcoin ETF flows and US monetary policy may influence the pace of any rally.<\/p>\n<p class=\"\" data-start=\"3144\" data-end=\"3494\">Should LINK fall below $12.57, panic selling could follow, although large holder support may help stabilise the market.<\/p>\n<p>The post <a href=\"https:\/\/coinjournal.net\/news\/chainlink-price-prediction-link-could-jump-35-as-whale-buys-2-million-at-key-leve\/\">Chainlink price prediction: LINK could jump 35% as whale buys $2 million at key leve;<\/a> appeared first on <a href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n<p><a href=\"https:\/\/coinjournal.net\/news\/chainlink-price-prediction-link-could-jump-35-as-whale-buys-2-million-at-key-leve\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) LINK is trading at $12.53, down 7.28% in 24 hours. LINK could surge 35% if it breaks $15.68 resistance. MVRV Z-score at 3.09 suggests a bullish accumulation zone. Chainlink (LINK) is trading at a critical level as market data points to [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":50158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/50157"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=50157"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/50157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/50158"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=50157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=50157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=50157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}