In the past month, Chainlink (LINK) has reported over 120 million USD in net exchange outflows, indicating a positive investor sentiment. This trend suggests accumulation, with LINK rising to 13.47 USD, showing an increase of around 31% from its previous low.
Currently, LINK is near a critical resistance level at 14 USD. Analysts indicate that, if this level is surpassed, it may lead to extended gains toward 15.28 USD, although traders should be cautious of profit-taking activities and potential dips in support.
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