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Chainlink: Exploring the possibility of sustained whale interest amidst bull rally

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Chainlink was on the list of the top 10 purchased tokens among the 100 biggest Ethereum whales. A few metrics were bearish, but the market indicators suggested otherwise. Chainlink [LINK] continued to increase its adoption with new partnerships, the latest being with Elure Labs. As per the official announcement on 13 January, Elure Labs has […]

Carrying forward the bullish stance noted above, LINK’s Exponential Moving Average Ribbon revealed a buyer’s advantage in the market because the 20-day EMA was higher than the 55-day EMA.

The Relative Strength Index was restive above the neutral mark, which was bullish. Moreover, despite the Chaikin Money Flow registering a slight decline, it was still considerably above the neutral mark, further increasing the chances of a continued price surge.Subscribe to get it daily in your inbox.

 

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Exploring Litecoin’s [LTC] position as it looks to dominate the market in 2023Litecoin’s bounce back is strongly supported by strong address growth. Whales offer support to LTC as sell pressure attempts to erase recent gains. Litecoin [LTC] was one of the top trending coins between 17 – 24 January, and for good reason. It has outperformed many top coins in the last few months, including Bitcoin [BTC] […]
Source: CryptoAmb - 🏆 22. / 68 Read more »