Chainlink sets stage for 35% gain – Unless THIS one level fails
By: ambcrypto|2025/05/15 13:15:04
0
Share
LINK could soar by 35% and reach the $23.15 level if it maintains itself above the $15.70 mark. Retailers’ transactions ranging between $10K to $100K have surged 130.20%. The past few days have been favorable for Chainlink [LINK] , as it has recorded a price surge of over 30% and a breakout of bullish price action. Following these developments, both whale and retail participation in the asset have skyrocketed, and it is currently on the verge of an upside rally. 2.54 million transfer from Bybit Recently, the blockchain-based transaction tracker Whale Alert reported two large transactions totaling 2.54 million LINK moving from Bybit to an unknown wallet in the past 24 hours. One transfer involved 1.25 million LINK ($20.5 million), while the second moved 1.289 million LINK ($21.1 million). It seems like this unknown wallet belongs to the same whale. Such transactions, given the current market sentiment, are often considered potential accumulation by whales or institutions. Meanwhile, this transfer was recorded following the breakout of a bullish inverted head and shoulders price action pattern. It’s not just whales in motion. On-chain data from IntoTheBlock showed a strong spike in transaction volume from retail and long-term holders. Transfers between $1K–$10K jumped 87.21%, while $10K–$100K transfers surged 130.20%. Source: IntoTheBlock When combining the participation of both whales and retailers, it appears that bulls are currently dominating the asset, and LINK seems to be preparing for a potential upside rally. Volume dips amid short-term caution At press time, LINK traded near $17.07, up 2.10% over the past day. Despite the bullish price action, its Trading Volume dropped by 15%, indicating reduced participation by crypto enthusiasts amid the ongoing correction. According to AMBCrypto’s technical analysis, LINK appears bullish and is on the verge of a massive upside rally. The daily chart reveals that the asset has recently broken out of a bullish inverted head and shoulders price action pattern and has successfully retested the breakout level. Source: TradingView Based on recent price action and historical patterns, if LINK holds above the $15.70 level, there is a strong possibility that the asset could soar by 35% and reach the $23.15 level in the coming days. On the other hand, this bullish outlook could fail if the LINK price falls below the $15.30 level. At press time, LINK’s Relative Strength Index (RSI) neared the overbought zone, as it stood at 65. This indicated that the asset still had room to continue its upside momentum before entering overbought territory. Share Share Tweet
You may also like

The U.S. government prohibits foreigners from using Fable 5, Anthropic issues a rebuttal
The sudden removal of the two models has caused widespread shock in the tech industry and the AI community.

The other side of Musk's trillion-dollar fortune: 85% cannot be sold
SpaceX's IPO is a math problem, and the answer is not on the pricing day, but in the first quarter after the lock-up period ends.

Citibank releases "2030 Asset Tokenization Market Outlook": 6 major trends may create a $8.2 trillion market
The tokenization of financial assets is moving from pilot projects to large-scale implementation, but this is a gradual evolution rather than a fierce revolution.

The trillion-dollar valuation test: Are the three major super IPOs a celebration for tech stocks or a nightmare for the crypto market?
Tech giants like SpaceX and OpenAI have sparked a $35 trillion super IPO wave. The "suction effect" is not enough to crash the stock and crypto markets, but the test of high valuations is just beginning.

Morning Report | Digital Asset completes $355 million financing led by a16z Crypto; Meta completes operational separation from Manus
Overview of Important Market Events on June 11

a16z Crypto Partner: Cash flow is the moat
Most companies spend years creating network effects on traditional infrastructure. Crypto founders inherit them as starting conditions.

Cryptocurrency market makers collectively seek change as it becomes increasingly difficult to make money
There is more and more to do.

How TradeXYZ, xStocks, and Alpaca break down the SpaceX IPO into three different strategies
The value of tokenized products ultimately depends on whether the underlying structure is sound, rather than just the price displayed on the interface.

$75 billion in risk asset redistribution: How will SpaceX's IPO affect U.S. stocks and Bitcoin?
The SpaceX IPO is short-term "capital competition" for the cryptocurrency market, while in the medium to long term, it leans towards "narrative endorsement" for Bitcoin.

Why Is BlackRock Investing $5 Billion in the SpaceX IPO?
What is driving the massive demand for the SpaceX IPO, and why did BlackRock place a $5 billion order? Learn how the historic listing could impact SpaceX stock, Bitcoin, SPCX, and crypto markets.

Morning News | CME Group launches Nasdaq Cryptocurrency Index futures; Asset management giant Janus Henderson strategically invests in Ethena
Overview of Important Market Events on June 10

Bitcoin Layer 2 Network Botanix: Why Did We Choose to Dissolve?
The Bitcoin L2 star project Botanix announced a gradual shutdown, with the team admitting to facing severe challenges from the failure of its business model and the prevailing trends. Users are urged to withdraw all assets before July 9, 2026.

Why did Oracle deliver the strongest financial report in history, yet its stock price fell?
Oracle's revenue for fiscal year 2026 set a record, with AI cloud orders soaring to $638 billion, but massive capital expenditures on computing power led to negative free cash flow, causing a 5% drop in after-hours stock prices.

When the P2P illicit funds from ten years ago turned into 60,000 bitcoins
The largest Bitcoin money laundering case in the UK has new developments: 16,000 Chinese victims are pursuing 61,000 seized Bitcoins across borders, and the dispute over the applicability of UK and Chinese laws will directly determine whether the victims can share in the soaring profits.

Dialogue with OmenX Founder: Why does the prediction market need an evolution from "spot" to "derivatives"?
How to reconstruct the prediction market using leverage?

Galaxy in-depth report: Is Solana still worth paying attention to?
Solana did not fall behind during the bear market. Trading enthusiasm has waned, but the network is more stable, RWA and stablecoins are expanding, and the capital foundation is much thicker than in the previous cycle. The real question is: when the speculative tide recedes, can perpetuals, predicti...

Young people in South Korea make a "final effort" in the epic bull market
The South Koreans' average of two accounts for wildly gambling in the chip bull market reflects the survival anxiety and harsh reality of countless young people trying to break through class barriers behind the nationwide stock trading frenzy for wealth.

The pricing controversy of Trade.xyz exposes the fatal weakness of Pre-IPO perpetual contracts
SpaceX's equity update has sparked controversy over on-chain liquidations. Trade.xyz refuses to reset the SPCX pricing, and the lack of a Rebase mechanism in Perp DEX has led to a significant trust test for on-chain Pre-IPO assets.
The U.S. government prohibits foreigners from using Fable 5, Anthropic issues a rebuttal
The sudden removal of the two models has caused widespread shock in the tech industry and the AI community.
The other side of Musk's trillion-dollar fortune: 85% cannot be sold
SpaceX's IPO is a math problem, and the answer is not on the pricing day, but in the first quarter after the lock-up period ends.
Citibank releases "2030 Asset Tokenization Market Outlook": 6 major trends may create a $8.2 trillion market
The tokenization of financial assets is moving from pilot projects to large-scale implementation, but this is a gradual evolution rather than a fierce revolution.
The trillion-dollar valuation test: Are the three major super IPOs a celebration for tech stocks or a nightmare for the crypto market?
Tech giants like SpaceX and OpenAI have sparked a $35 trillion super IPO wave. The "suction effect" is not enough to crash the stock and crypto markets, but the test of high valuations is just beginning.
Morning Report | Digital Asset completes $355 million financing led by a16z Crypto; Meta completes operational separation from Manus
Overview of Important Market Events on June 11
a16z Crypto Partner: Cash flow is the moat
Most companies spend years creating network effects on traditional infrastructure. Crypto founders inherit them as starting conditions.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
