Chainlink (LINK) Bullish Trend Gains as Large Whales Step In and Futures Interest Climbs

The Chainlink (LINK) bullish trend gains as large whales step in and futures interest climbs. Analysts are watching for a break past $14, which could put the $19 level back in play.

Several indicators suggest that the Chainlink (LINK) price may soon revisit the $19 level, though it recently dropped to $13.43. As the token faces selling pressure, several indicators suggest that LINK could be poised for a rebound.

On-chain data reveals a steady uptick in whale accumulation, and leveraged traders are showing interest. Futures Open Interest has climbed sharply to nearly $583 million. These movements indicate that leveraged traders are engaging more with LINK, which could influence the token's short-term price trends.

The LINK bullish trend is also supported by its expanding use case in DeFi. Notably, protocols like AAVE are integrating Chainlink's cross-chain technology, which is likely to drive demand for the token among liquidity providers and yield aggregators.

Technically, LINK is forming a bullish continuation pattern on the four-hour chart. A breakout past the immediate resistance at $14 could confirm the Chainlink bullish trend and trigger a rally toward the next resistance level at $19.

The post Chainlink Price May Hit $19 as Whale Activity Supports LINK Bullish Trend appeared first on TokenPost. Web3 Fundamentals Drive Toncoin Price Stability in Tight RangeAfter a slight pullback, the Toncoin price is holding steady in a tight range, supported by strong on-chain metrics and the promise of a Telegram-driven ecosystem.

The bright yellow token is currently trading between $3.04 and $3.21, consolidating above the Fib support at $2.88. This price stability is remarkable given the recent sell-off that saw the Toncoin price drop from highs of $3.80.

On-chain data reveals that more than 41 million addresses are active on the blockchain, showcasing the promise of Web3 to a broad audience. Additionally, a large batch of 1.82 billion TON was recently moved by whale wallets. This move is significant and suggests long-term positioning rather than short-term speculation.

Furthermore, the TON Foundation recently secured an institutional capital injection of $400 million to support the development of the blockchain ecosystem. This influx of funds highlights the promise of the Toncoin project and its ability to attract large-scale investments.

The Toncoin price could push higher if it manages to clear the Fib resistance at $3.43. Moreover, the TVL in DeFi protocols is steadily increasing, and payment options like RedotPay are expanding to offer fiat-to-crypto services globally, which could attract new users to the blockchain.

Finally, traders are closely watching the development of the Telegram ecosystem and its integration with Toncoin. The integration of the messaging app, which boasts billions of users worldwide, could significantly boost the adoption and utilisation of the blockchain.

The post Toncoin Price Remains Stable in Tight Range as Institutional Inflows Continue appeared first on TokenPost. Open Communication Drives Massive Interest In BlockDAG Among 170K+ Community Members As the presale continues with a limited-time offer of $0.0019 for BlockDAG (BDAG) tokens until May 13, the project is making headlines for all the right reasons.

The New BlockDAG podcast series pulls back the curtain on the project's strategy in an open and engaging manner, offering a rare glimpse into the workings of a major blockchain project to a community of over 170K strong.

In an industry often shrouded in secrecy, this level of transparency is refreshing and has contributed to the staggering interest in BlockDAG. To date, more than 19.8 billion coins out of 25 billion have been spoken for, amassing a staggering $229 million in presale funds.

This compares favorably to other projects that are struggling to sell their tokens despite offering early-bird multipliers and threatening imminent exchange listings.

The BlockDAG presale is moving swiftly, and for good reason. The project is offering a unique proposition with its DAG model, which contrasts sharply with the blockchain technology used by most projects.

The project's core team members are candidly discussing their rationale for choosing a DAG model, the challenges they faced, and how they plan to overcome them in the podcast series.

They are also engaging directly with community members' questions and providing open and transparent updates on the project's roadmap, exchange listing endeavors, and liquidity management strategies.

This open communication fosters trust and confidence among community members, who are actively participating in the project's journey.

The podcast serves as a valuable platform for traders to make informed decisions based on facts and not hype. It's no wonder that BlockDAG is emerging as one of the best crypto to buy now.

The post Open Communication Drives Massive Interest In BlockDAG Among 170K+ Community Members As P...