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Whales buy 2.5M+ LINK as price holds below $16 resistance, hinting at potential rally.

Technical Signals
28 Sep 2026
Blockonomi
View Source
Bullish
Whales buy 2.5M+ LINK as price holds below $16 resistance, hinting at potential rally.

Large holders have purchased over 2.5 million Chainlink (LINK) tokens in the past 10 days, indicating strong demand despite the price trading between $14.33 and $14.50, below key resistance levels at $16 and $17.70. Nearly 1,500 new LINK addresses are created daily, showing growing network adoption. Analyst Giannis Andreou highlights a long-term W pattern suggesting a possible rise to $52 if LINK breaks above resistance and maintains the pattern. The token's near-term movement depends on overcoming these resistance zones amid broader market conditions.

Chainlink (LINK) is currently priced at Rp244.302 on Pluang, showing a 4.97% decrease in the last day. As of Sep 28, 2026 16:51 WIB, the market cap stands at Rp182,87 trillion with a balanced order activity of 53% buy and 47% sell, reflecting steady investor interest despite recent price fluctuations.

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