LINK reserves surpass 1,230,000 tokens. Can it surge to 16.66 after breaking through the key point of 13 dollars?

robot
Abstract generation in progress

【Crypto World】Chainlink’s network reserves have accumulated to over 1.23 million tokens, and recent performance is quite interesting. Spot trading continues to see buying interest, and long-term liquidations are also ongoing, indicating that demand in the $11.8-$12.2 range still exists. From the price trend, selling pressure is diminishing, which is a good sign.

The current price is still below $13.02, but once it breaks through this psychological barrier, there could be an acceleration in upward momentum. Looking upward, $14.65 is the next target, and above that, $16.66 will be a critical resistance level. Overall, the reserve growth combined with a rebound in market enthusiasm suggests a short-term opportunity for a rally.

LINK0.65%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ser_aped.ethvip
· 12-19 13:45
The reserve has indeed broken 1.23 million coins, which is quite significant. However, I'm more concerned about whether this wave can truly break through the $13 level. It feels like buying pressure is indeed accumulating here, but the $16.66 level... to be honest, it's still quite far away. Let's first see how it performs at $14.65.
View OriginalReply0
QuietlyStakingvip
· 12-19 13:42
1,230,000 tokens of reserves stacked up, is that all? It really takes a breakthrough of 13 to have a chance.
View OriginalReply0
LowCapGemHuntervip
· 12-19 13:39
Reserves exceed 1.23 million, this number looks comfortable. Breaking through $13 could take off, but it depends on whether this wave of buying pressure is strong enough. Feels like $16.66 is still a bit far away.
View OriginalReply0
LiquidityWitchvip
· 12-19 13:34
Reserves are in place, but the crucial point at 13 must really be stabilized; otherwise, it will just be a false alarm again.
View OriginalReply0
GamefiGreenievip
· 12-19 13:24
13 yuan is really a tough hurdle; whether it can be broken depends on these two days.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)