Chainlink

Coin

<ul class="news-points"> 
 <li><strong>“Unlike many other assets, its price often sees an initial lift when $LINK moves to exchanges.” : Santiment.</strong></li> 
 <li><strong>LINK reached its highest price of $7.30 on September 25.</strong></li> 
 <li><strong>Chainlink may reach the $8.5 resistance level despite it touching the upper Bollinger band.</strong></li> 
</ul> 
<p>Santiment, a market analytics tool tweeted that Chainlink (LINK) “Unlike many other assets, its price often sees an initial lift when $LINK moves to exchanges.” The <a href="https://coinedition.com/chainlink-link-price-prediction/">price of Chainlink (LINK)</a> has gone up by more than 23% in 2 weeks due to the exchange supply being transferred to cold wallets. On September 14, the LINK supply peaked at 17.2% making it the 2023 high while within 10 days, that 17.2% spike dropped to 16.4%.</p> 
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f517.png" alt="🔗" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f44d.png" alt="👍" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Chainlink</a> continues to be one of the best <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#crypto</a> performers in September. Unlike many other assets, its price often sees an initial lift when <a href="https://twitter.com/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$LINK</a> moves to exchanges. Its price is +23% in 2 weeks as exchange supply now flows back to cold wallets. <a href="https://t.co/mocTwCW3vR" target="_blank" rel="nofollow">https://t.co/mocTwCW3vR</a> <a href="https://t.co/juDXb70iTX" target="_blank" rel="nofollow">pic.twitter.com/juDXb70iTX</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1706177479361384640?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 25, 2023</a>
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<p>Currently, the supply is at around 15% while the <a href="https://coinedition.com/chainlink-link-falls-into-bear-trap-may-continue-evading-7/">price of Chainlink rose by 9%</a> during the last seven days.&nbsp; The trading volume of LINK dropp…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/santiment-reports-links-abnormal-correlation-with-price-and-supply/">Santiment Reports LINK’s Abnormal Correlation With Price and Supply&nbsp;</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Santiment Reports LINK’s Abnormal Correlation With Price and Supply

Coin Edition

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