LINK: Whales Open Longs on Chainlink and DOGE
LINK at $9.37 draws whale longs worth $2.55M from 0x3109 and 0x5687 with additional limit orders exceeding $7.8M.
SourceAnalysis
Whales have opened fresh long positions on LINK and DOGE according to on-chain data from @lookonchain. Address 0x3109 holds 162670 LINK worth $1.53M and 27.38M DOGE worth $2.75M while 0x5687 holds 108430 LINK worth $1.02M and 10.21M DOGE worth $1.03M with further limit orders placed for millions more in exposure.
Price action on the 4h chart shows LINK trading inside the Bollinger Bands at $9.37 with upper resistance at $9.71 and lower support at $9.19 while EMA50 at $9.6 and EMA200 at $9.62 act as overhead resistance in the prevailing bearish structure. RSI at 42.55 remains neutral yet the MACD golden cross at -0.03 signals building momentum that could support a test of upper band resistance before any deeper pullback toward the 50-EMA confluence zone. This whale accumulation aligns with ongoing LINK price prediction models that factor in potential crypto market crash scenarios and broader altcoin rotation flows.
Lookonchain
@lookonchainLooking for smartmoney onchain