{"content":"💼 Chainlink Accumulation Accelerates — Are Whales Gearing Up for a Rally? The introduction of Chainlink's LINK reserve, which both increases demand and restricts supply via buybacks, is the driving force behind the company's recovery run, which is gaining steam. As of the previous Monday, the LINK reserve had 109,663 tokens. At the time of this publication, LINK is trading at $25.66, putting at risk the gains that were earned on Sunday. This is a reversal from its previous high of $26.50. With a decisive finish over the $26.68 resistance level, LINK would have achieved the highest close of 2025 so far if it continues to maintain its upward trajectory. It is possible that investors who have been sidelined might see this as a purchase opportunity, with the possibility to approach the $30 milestone. The Moving Average Convergence Divergence (MACD) and its signal line continue to exhibit an upward trend, which is indicative of the growing positive momentum in the market. In spite of this, the Relative Strength Index (RSI) is now at 71, and it is going flat at the overbought threshold. This indicates that there is a chance of reversal as the purchasing pressure approaches saturation. The $22.05 support level, which was challenged for the last time on Saturday, might be retested by LINK in the case of a bearish reversal. #AltcoinSeasonLoading #Chainlink #LINK🔥🔥🔥 $LINK ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/18/b2be5bad33114a9f85683e2102bc5046.png"],"tags":[],"tradingPairs":["LINK/USDT"],"quotearticleid":0}