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Analysts predict a potential breakthrough up to USD 36 as a chain (TO COMBINE) Currently, it shows a solid rush up. In recent weeks, immense investors, more often known as “whales”, have aggressively accumulated connection. Their growing interest indicates that they are optimists as to the long -term potential of assets. However, is this rally going on or is it just another brief height?
Chain: mighty whale appetite
The data show that immense investors (whales) constantly buy more links when the price is from 17 to 21 USD. In the past, when immense buyers behaved in this way, it often led to immense price increases. When many whales accumulate, it can reduce the amount offered on the market, causing a supply shortage.
Link $ #To combine So far, so far, the breakthrough of the resistance and the retest has already confirmed and consolidating in this region for some time, expecting that the link will be aimed at $ 35-36 in the next few days, and when this resistance ($ 35-36 has been removed) we can see the recent ATH in a few days … https://t.co/imtbg8link pic.twitter.com/mwjibmqsgw
– World of Charts (@worldofcharts1) January 31, 2025
At the same time, smaller investors began to be careful. The demand for the link in the retail sector increased, because purchasing pressure exceeded sales. In the coming weeks, the link may experience an raise in value as a result of a combination of institutional and retail accumulation.
The point driven by a point reduces the risk
Unlike other jumping in the price, this jump is not powered by too much lever. Data on the chain Indicate that the growth is based on the spot, which means that the demand comes from direct purchases instead of speculative futures contracts. This increases the longevity of the rally by reducing the likelihood of a violent drop caused by liquidation.
Another critical consideration is the lack of significant brief resources against the link. When traders create brief positions with a high sea, suddenly price increases can cause brief clamps, which can raise prices even more up. Given that the lever is low, the organic market demand seems to be the main reason for the current Link movement instead of synthetic price pumps.
Breaking the levels of critical resistance
Technical analysis indicates that the link has effectively penetrated numerous levels of resistance. After a period of consolidation in the $ 21-22 range, the USD token advanced in the direction of USD 24, thus establishing the basis for additional benefits. . Next potential goal The range of the link, according to Coincodex, is 27 USD, provided that it maintains the shoot and remains above critical support zones.
Nevertheless, obstacles persist. The link may be subject to brief -term variability if Bitcoin experiences withdrawal. However, a favorable trajectory can persist if wider market moods remain positive.
Chain trajectory up: Will it continue?
Long -term chain life is strengthened by its growing frequency of blockchain and decentralized financing (DEFI). All technical breakups, whaling accumulation and organic demand indicate that prices will continue to grow.
At the time of writing, the link was trade for USD 22.37, It will drop by 9.1% and 11.4% in everyday and weekly.
A distinguished picture from Pixabay, chart from TradingView