Chainlink (LINK) is holding steady near $12 as TD Sequential buy signals emerge around a critical support zone. The cryptocurrency's price is currently fluctuating between $12 and $14.30, with an increasing ADX indicating a strengthening trend. Exchange supply has decreased to 217.4 million LINK, while whale accumulation has risen to 1.97 million tokens, reflecting growing long-term interest.
The TD Sequential indicator has shown repeated buy signals, prompting traders to closely watch the $12.70 support level for potential reversals. Grayscale has highlighted Chainlink's role as a core layer connecting traditional systems with blockchain, and analysts are monitoring developments in Chainlink ETF filings.
Chainlink Steadies Near $12 Amid Whale Accumulation and Buy Signals
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