Chainlink (LINK) Set to Reclaim $12.10 Amid Increasing Long-Term Holder Confidence
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Chainlink (LINK) has seen a rise in long-term holders even though the asset has faced bearish trends recently. This increase in long-term interest indicates confidence in the asset, and metrics show significant buying pressure. As a result, there is a potential for LINK to reclaim the $12.10 price level soon.
Despite recent price declines, the increased confidence among long-term holders is a positive sign for Chainlink. The buying pressure could push the price higher, showing resilience in the market.
Investors seem to believe in the long-term prospects of Chainlink, which could lead to a turnaround in its price trajectory. The market dynamics suggest a more optimistic future for the cryptocurrency.
Source: en.coinotag.com ↗
![Chainlink [LINK] poised for breakout? Here are the signs which say yes…!](https://loutre.blockchair.io/w4/storage/news/2d065a81e30cf52ab74493b9ec97beaa.png){kind=small}
