In accordance with AMBCrypto, Chainlink (LINK) is showing signs of accumulation as traders continue to remove tokens from exchanges, forming a strong demand zone. The Taker Buy CVD chart indicates consistent buyer aggression, while whale activity rises near the key support level. With Grayscale’s upcoming ETF conversion, institutional demand is expected to increase, potentially supporting a rebound toward $13.49 if buyers maintain control around the developing double-bottom pattern.
Chainlink Shows Accumulation Signs Amid ETF Catalyst, Could Reach $13.49
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