{"id":559445,"date":"2023-11-07T06:41:46","date_gmt":"2023-11-07T06:41:46","guid":{"rendered":"https:\/\/wncen.com\/?p=559445"},"modified":"2024-06-11T14:30:50","modified_gmt":"2024-06-11T14:30:50","slug":"chainlink-enters-bull-territory-signals-long-term-uptrend-crypto-expert","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/chainlink\/chainlink-enters-bull-territory-signals-long-term-uptrend-crypto-expert\/","title":{"rendered":"Chainlink Enters Bull Territory, Signals Long-Term Uptrend — Crypto Expert"},"content":{"rendered":"
Chainlink (LINK) has been a topic of significant discussion among cryptocurrency enthusiasts lately, particularly after the insights shared by the pseudonymous analyst Rekt Capital on the social media platform X.\u00a0<\/span><\/p>\n Rekt Capital’s recent <\/span>statement about Chainlink’s shift<\/span><\/a> into the bull territory following an extended period of sideways movement has captured the attention of market observers.\u00a0<\/span><\/p>\n $LINK<\/a><\/p>\n The Macro Downtrend is over<\/p>\n The Macro Range is over<\/p>\n And a new Macro Uptrend has begun#LINK<\/a> #Crypto<\/a> #Chainlink<\/a> pic.twitter.com\/E2VHgclnYL<\/a><\/p>\n \u2014 Rekt Capital (@rektcapital) November 4, 2023<\/a><\/p><\/blockquote>\n According to the information provided, the <\/span>current price of Chainlink<\/span><\/a> stands at $12.86, experiencing a noteworthy 24-hour rally of 5.6% and a seven-day surge of 11.4%. Rekt Capital’s proclamation that “the macro downtrend is over” has sparked optimism among investors, pointing towards a potentially promising future for the cryptocurrency.<\/span><\/p>\n One of the key indicators supporting Rekt Capital’s analysis is the notable increase in the number of Chainlink wallets containing a minimum of 1,000 LINK tokens. <\/span><\/p>\n The data indicates a substantial surge in the total count of such wallets, marking an all-time high of 27,152. This surge in wallet activity hints at a growing interest in Chainlink, potentially contributing to the cryptocurrency’s recent upward momentum.<\/span><\/p>\n <\/p>\n\n
Source:\u00a0Rekt Capital\/X<\/a><\/pre>\n