Chainlink continues to drive experiments on unlocking asset tokenization. But can the traction drive its LINK token to $7?
1,10,100 LINKs worth todayBut there was a LINK token unlock worth over $100 million a few hours before press time, according toSource: LINK/USDT on TradingView
Such a move will flip the market structure bullish and could present an extra 8% gain if bulls clear another roadblock and bearish order block of $6.63 – $6.87 . The RSI was above 50 but registered a downtick, indicating buying pressure eased slightly at press time. But the CMF has been above the zero mark since late August, showing capital inflows to LINK markets were substantial over the same period.Similarly, there was a massive accumulation of LINK tokens since late August, as indicated by the rising 90-day Mean Coin Age. But a sharp drop-off at press time showed network-wide token movement.
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