The post LINK Price Analysis: Surpassing $12, Is LINK Teasing A Retest? appeared first on Coinpedia Fintech News
As Bitcoin remains close to the $35K barrier and the November 9th Deadline for the SEC vs. Ripple bears no fruit, altcoins take a small hit. However, the LINK price action continues to sustain the uptrend momentum and crosses above the $12 mark.
Therefore, with a year-to-date return of 135%, the LINK price prediction suggests a rise in demand.
Coming back stronger than ever, the LINK price action showcases a year-long channel breakout for a trend reversal. The altcoin finds a significant rise in trading volume and activity of whales leading to such high speed uptrend.
As per LookOnChain, a crypto whale has gathered a notable amount of 312,901 LINK tokens, at approximately $3.81 million.
A smartmoney bought 312,901 $LINK($3.81M) at an average price of $12.17 in the past 8 hours.
This smart money has previously traded 10 tokens with a total profit of more than $3.9M.
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