Altcoin LINK Sees Strong Whale Buying Activity, Leading to Bullish Action in LINK Price After a Long Time
- Altcoin LINK sees strong whale buying activity.
- This leads to LINK showing bullish action for the first time in a long time.
- LINK broke past two major resistance, marking it for a major surge ahead.
The crypto market seems to have entered a bullish rally phase as the prices of Bitcoin and Ethereum, both the pioneer crypto asset, and the pioneer altcoin asset, have been pumping at an expedited rate over the last 24 hours. This sudden bullish activity in BTC and ETH has led to a ripple effect across other altcoins as well. In detail, altcoin LINK sees strong whale buying activity, leading to bullish action in LINK price after a long time.
Altcoin LINK Sees Strong Whale Buying Activity
According to CoinMarketCap analytics, over the last 24 hours, the price of BTC has surged by over 11%, going from $64,000 to $71,500 while the price of ETH has surged by over 18%, going from $1,900 to $2,200. This sudden spike in pioneer crypto asset prices has led to the prices of several other altcoin assets to surge as well. For instance, the price of LINK has gone up by over 8% in the last 24 hours, bringing its value to $10.65.
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