• bitcoinBitcoin (BTC) $ 108,062.00
  • bitcoinBitcoin (BTC) $ 108,062.00
  • ethereumEthereum (ETH) $ 2,534.66
  • ethereumEthereum (ETH) $ 2,534.66
  • tetherTether (USDT) $ 1.00
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.26
  • xrpXRP (XRP) $ 2.26
  • bnbBNB (BNB) $ 660.83
  • bnbBNB (BNB) $ 660.83
  • solanaSolana (SOL) $ 149.03
  • solanaSolana (SOL) $ 149.03
  • usd-coinUSDC (USDC) $ 0.999902
  • usd-coinUSDC (USDC) $ 0.999902
  • tronTRON (TRX) $ 0.286499
  • tronTRON (TRX) $ 0.286499
  • dogecoinDogecoin (DOGE) $ 0.167259
  • dogecoinDogecoin (DOGE) $ 0.167259
  • staked-etherLido Staked Ether (STETH) $ 2,533.54
  • staked-etherLido Staked Ether (STETH) $ 2,533.54
  • cardanoCardano (ADA) $ 0.576793
  • cardanoCardano (ADA) $ 0.576793
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,015.00
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,015.00
  • hyperliquidHyperliquid (HYPE) $ 38.69
  • hyperliquidHyperliquid (HYPE) $ 38.69
  • wrapped-stethWrapped stETH (WSTETH) $ 3,063.54
  • wrapped-stethWrapped stETH (WSTETH) $ 3,063.54
  • bitcoin-cashBitcoin Cash (BCH) $ 497.17
  • bitcoin-cashBitcoin Cash (BCH) $ 497.17
  • suiSui (SUI) $ 2.86
  • suiSui (SUI) $ 2.86
  • chainlinkChainlink (LINK) $ 13.30
  • chainlinkChainlink (LINK) $ 13.30
  • leo-tokenLEO Token (LEO) $ 9.03
  • leo-tokenLEO Token (LEO) $ 9.03
  • stellarStellar (XLM) $ 0.246802
  • stellarStellar (XLM) $ 0.246802
  • avalanche-2Avalanche (AVAX) $ 17.86
  • avalanche-2Avalanche (AVAX) $ 17.86
  • usdsUSDS (USDS) $ 0.999827
  • usdsUSDS (USDS) $ 0.999827
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wrapped-eethWrapped eETH (WEETH) $ 2,716.39
  • wrapped-eethWrapped eETH (WEETH) $ 2,716.39
  • the-open-networkToncoin (TON) $ 2.73
  • the-open-networkToncoin (TON) $ 2.73
  • hedera-hashgraphHedera (HBAR) $ 0.156417
  • hedera-hashgraphHedera (HBAR) $ 0.156417
  • wethWETH (WETH) $ 2,535.50
  • wethWETH (WETH) $ 2,535.50
  • litecoinLitecoin (LTC) $ 85.87
  • litecoinLitecoin (LTC) $ 85.87
  • whitebitWhiteBIT Coin (WBT) $ 45.02
  • whitebitWhiteBIT Coin (WBT) $ 45.02
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 313.82
  • moneroMonero (XMR) $ 313.82
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,065.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,065.00
  • ethena-usdeEthena USDe (USDE) $ 0.999829
  • ethena-usdeEthena USDe (USDE) $ 0.999829
  • polkadotPolkadot (DOT) $ 3.35
  • polkadotPolkadot (DOT) $ 3.35
  • bitget-tokenBitget Token (BGB) $ 4.30
  • bitget-tokenBitget Token (BGB) $ 4.30
  • uniswapUniswap (UNI) $ 7.39
  • uniswapUniswap (UNI) $ 7.39
  • aaveAave (AAVE) $ 280.22
  • aaveAave (AAVE) $ 280.22
  • pepePepe (PEPE) $ 0.000010
  • pepePepe (PEPE) $ 0.000010
  • daiDai (DAI) $ 1.00
  • daiDai (DAI) $ 1.00
  • pi-networkPi Network (PI) $ 0.454412
  • pi-networkPi Network (PI) $ 0.454412
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • okbOKB (OKB) $ 48.12
  • okbOKB (OKB) $ 48.12
  • bittensorBittensor (TAO) $ 318.84
  • bittensorBittensor (TAO) $ 318.84
  • aptosAptos (APT) $ 4.41
  • aptosAptos (APT) $ 4.41
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • jito-staked-solJito Staked SOL (JITOSOL) $ 181.10
  • jito-staked-solJito Staked SOL (JITOSOL) $ 181.10
  • nearNEAR Protocol (NEAR) $ 2.14
  • nearNEAR Protocol (NEAR) $ 2.14
  • internet-computerInternet Computer (ICP) $ 4.75
  • internet-computerInternet Computer (ICP) $ 4.75
  • ethereum-classicEthereum Classic (ETC) $ 16.44
  • ethereum-classicEthereum Classic (ETC) $ 16.44
  • crypto-com-chainCronos (CRO) $ 0.080358
  • crypto-com-chainCronos (CRO) $ 0.080358
  • ondo-financeOndo (ONDO) $ 0.775686
  • ondo-financeOndo (ONDO) $ 0.775686
  • susdssUSDS (SUSDS) $ 1.06
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 0.999746
  • usd1-wlfiUSD1 (USD1) $ 0.999746
  • kaspaKaspa (KAS) $ 0.074985
  • kaspaKaspa (KAS) $ 0.074985
  • fasttokenFasttoken (FTN) $ 4.44
  • fasttokenFasttoken (FTN) $ 4.44
  • mantleMantle (MNT) $ 0.562364
  • mantleMantle (MNT) $ 0.562364
  • gatechain-tokenGate (GT) $ 15.56
  • gatechain-tokenGate (GT) $ 15.56
  • cosmosCosmos Hub (ATOM) $ 4.03
  • cosmosCosmos Hub (ATOM) $ 4.03
  • bonkBonk (BONK) $ 0.000023
  • bonkBonk (BONK) $ 0.000023
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.669363
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.669363
  • vechainVeChain (VET) $ 0.020232
  • vechainVeChain (VET) $ 0.020232
  • official-trumpOfficial Trump (TRUMP) $ 8.53
  • official-trumpOfficial Trump (TRUMP) $ 8.53
  • skySky (SKY) $ 0.079067
  • skySky (SKY) $ 0.079067
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.183815
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.183815
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,013.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,013.00
  • render-tokenRender (RENDER) $ 3.13
  • render-tokenRender (RENDER) $ 3.13
  • arbitrumArbitrum (ARB) $ 0.327232
  • arbitrumArbitrum (ARB) $ 0.327232
  • ethenaEthena (ENA) $ 0.254755
  • ethenaEthena (ENA) $ 0.254755
  • filecoinFilecoin (FIL) $ 2.26
  • filecoinFilecoin (FIL) $ 2.26
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,535.66
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,535.66
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.47
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.47
  • algorandAlgorand (ALGO) $ 0.174203
  • algorandAlgorand (ALGO) $ 0.174203
  • worldcoin-wldWorldcoin (WLD) $ 0.864876
  • worldcoin-wldWorldcoin (WLD) $ 0.864876
  • usdtbUSDtb (USDTB) $ 0.999901
  • usdtbUSDtb (USDTB) $ 0.999901
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998198
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998198
  • kucoin-sharesKuCoin (KCS) $ 11.04
  • kucoin-sharesKuCoin (KCS) $ 11.04
  • sei-networkSei (SEI) $ 0.250983
  • sei-networkSei (SEI) $ 0.250983
  • binance-staked-solBinance Staked SOL (BNSOL) $ 158.12
  • binance-staked-solBinance Staked SOL (BNSOL) $ 158.12
  • usdt0USDT0 (USDT0) $ 1.00
  • usdt0USDT0 (USDT0) $ 1.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.432539
  • jupiter-exchange-solanaJupiter (JUP) $ 0.432539
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,656.04
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,656.04
  • nexoNEXO (NEXO) $ 1.21
  • nexoNEXO (NEXO) $ 1.21
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,889.45
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,889.45
  • spx6900SPX6900 (SPX) $ 1.25
  • spx6900SPX6900 (SPX) $ 1.25
  • flare-networksFlare (FLR) $ 0.016254
  • flare-networksFlare (FLR) $ 0.016254
  • fartcoinFartcoin (FARTCOIN) $ 1.10
  • fartcoinFartcoin (FARTCOIN) $ 1.10
  • celestiaCelestia (TIA) $ 1.56
  • celestiaCelestia (TIA) $ 1.56
  • xdce-crowd-saleXDC Network (XDC) $ 0.066775
  • xdce-crowd-saleXDC Network (XDC) $ 0.066775
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999937
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999937
  • injective-protocolInjective (INJ) $ 10.41
  • injective-protocolInjective (INJ) $ 10.41
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • blockstackStacks (STX) $ 0.642717
  • blockstackStacks (STX) $ 0.642717
  • sonic-3Sonic (S) $ 0.305817
  • sonic-3Sonic (S) $ 0.305817
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.50
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.50
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,705.70
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,705.70
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,661.82
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,661.82
  • optimismOptimism (OP) $ 0.540057
  • optimismOptimism (OP) $ 0.540057
  • pax-goldPAX Gold (PAXG) $ 3,337.08
  • pax-goldPAX Gold (PAXG) $ 3,337.08
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.014703
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.014703
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 107,942.00
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 107,942.00

Chainlink (LINK) Gains as Exchange Outflows Point to Strong Accumulation

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Chainlink (LINK) Gains as Exchange Outflows Point to Strong Accumulation

Chainlink’s price action demonstrates remarkable resilience amid mixed global economic conditions.

The token has established a well-defined rising channel pattern, with technical indicators supporting continued bullish momentum.

After successfully breaking above the 200-day moving average, LINK has maintained its upward trajectory despite short-term resistance.

Exchange outflows remain consistently negative, with $11.27 million worth of LINK exiting exchanges this week following $55.2 million in outflows last week. This pattern of decreasing exchange balances typically signals investor accumulation rather than selling pressure.

Meanwhile, Chainlink’s technology continues gaining traction in the DeFi sector, with recent integrations including JPMorgan, Ondo Finance, and Solana mainnet.

Analysts project LINK could reach $20 in the near term, with longer-term forecasts suggesting potential growth to $50 by 2028 and $100 by 2030 as adoption of its Cross-Chain Interoperability Protocol (CCIP) expands across the blockchain ecosystem.

Technical Analysis Highlights

  • LINK established strong support at $15.60 with high-volume buying emerging at the $15.27-$15.30 zone during the 18-19 hour timeframe on May 20th.
  • A significant volume spike (3.08M) during the 11:00 hour on May 21st coincided with LINK testing the $16.24 resistance level.
  • The overall trend remains bullish with higher lows forming a clear upward channel.
  • LINK demonstrated significant bullish momentum in the last hour, surging from $15.67 to a peak of $15.91, representing a 1.5% gain.
  • A notable volume spike occurred at 13:30, catalyzing a sharp upward movement that established a new support level around $15.75.
  • The price action formed an ascending channel with higher lows, though some profit-taking emerged near the $15.90 resistance level.
  • Final minutes showed consolidation around $15.85, with volume patterns suggesting accumulation rather than distribution.

External References

  • “Chainlink Price Prediction: Can Increased Network Adoption Rejuvenate Bullish Momentum for LINK?”, CoinPedia, published May 20, 2025.
  • “Chainlink price prediction 2025-2031: A strong buy sentiment for LINK?”, Cryptopolitan, published May 20, 2025.
  • “Chainlink In Rally Mode: Rising Channel Formation Signals Continued Climb”, NewsBTC, published May 21, 2025.
  • “Chainlink price targets $20 as exchange outflows surge”, crypto.news, published May 21, 2025.

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