Are Chainlink Sharks Gearing Up for a Major Move? LINK Price Breakout on the Horizon?

Are Chainlink Sharks Gearing Up for a Major Move? LINK Price Breakout on the Horizon?

Time Stamp: September 7, 2023 4:52 AM
Source Node: 2867292

The post Are Chainlink Sharks Gearing Up for a Major Move? LINK Price Breakout on the Horizon? appeared first on Coinpedia Fintech News

Chainlink (LINK) price action has been a challenging puzzle for crypto analysts as it continues its horizontal consolidation. Despite predictions of a breakout, the sideways movement that began in May last year persists. As per the latest crypto market data from Coingecko and Tradingview, Chainlink (LINK) has seen a 7.04 percent increase since September 5th, trading at approximately $6.38 during the early Asian session on Thursday.

Additionally, Chainlink has witnessed a substantial 33 percent spike in its average daily traded volume, reaching about $187 million. Meanwhile, the Chainlink network boasts a fully diluted valuation (FDV) of approximately $6.36 billion and a market capitalization of roughly $3.42 billion.

Santiment’s Chainlink Shark Accumulation Report

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