Oracle Network Chainlink (LINK) The native token increased 6% in the last 24 hours crossing $ 24.5 on Thursday as cryptography prices rose with higher performance.
The price action occurred when high capitalization Altcoins led the highest cryptographic markets in anticipation that market -based ETFs could soon reach the market with the approval of general general listing standards.
That could also include the Chainlink link, with several requests submitted earlier this year and the bond futures that are negotiated in exchanges regulated by the United States as coinbase derivatives.
Caliber (CWD)A public heritage management firm that adopted an asset initiative of the Chainlink Treasury Reserve, said Thursday that he bought $ 6.5 million in Tokens as part of his digital asset strategy.
The Chainlink reserve also bought on Thursday another 43,000 link ($ 1.05 million) As part of the initiative to buy tokens using income from integrations and protocol services, similar to the shares of public companies.
Since August, the Reserve has accumulated a total of 323,116 tokens, with a value of $ 7.9 million, according to data.
Technical analysis
The technical indicators underline the impulse of Link’s gain, according to the technical analysis data of Coindesk’s Research.
- The robust support established at $ 22.82 with a high volume confirmation of 5.56 million units, significantly exceeding the 24 -hour average of 1.48 million.
- Multiple levels of resistance were breached, including $ 24.16 and $ 24,42, demonstrating a sustained purchase pressure.
- Ascending low formations along the recovery phase that indicate a consistent ascending impulse.
