Assessing why LINK investors are in a limbo despite its wedge pattern breakout - Aliens: AI Crypto News & Markets Updates
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Assessing why LINK investors are in a limbo despite its wedge pattern breakout

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AMB Crypto

Mon, Jun 27, 2022

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Aliens TLDR

LINK has shown some recovery in the last two weeks after the latest crash that retested support near the $5.5-price level.

Furthermore, the latest potential catalyst is a weekly update that was sent out a few hours ago, revealing 15 integrations of five Chainlink services with five blockchain networks.

⬡ Chainlink Adoption Update ⬡ This week, there were 15 integrations of 5 #Chainlink services across 5 different chains: #Avalanche , #BNBChain , #Ethereum , #Moonbeam , and #Polygon .

pic.twitter.com/e5S4juVweS — Chainlink (@chainlink) June 26, 2022 A good example is the notable increase in daily active addresses.

The number increased from 1,875 during 26 June’s trading session to 2,671 active addresses on 27 June, reflecting a positive response to Chainlink’s integrations.

The addresses holding between 100,000 and one million LINK registered a notable uptick between 20 and 27 June.

Addresses holding more than 10 million LINK dropped from 20 June to 27 June too.

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