Rough waters ahead for $LINK marines?

During our weekly community stream on Friday, someone in chat asked me to do an impromptu analysis of LINK’s recent fundamentals as the coin was attempting to breach the $10 resistance level for the first time ever.

Now I haven’t paid too much attention to the coin in the days prior, but based on LINK’s incredulous price action lately I fully expected to find a litany of red flags and bearish markers in its on-chain and social activity.

I was quickly proven wrong. After taking a quick look at some of LINK’s most important fundamental metrics, I ended the segment (at 1:28:45) by saying:

‘Surprisingly, Chainlink’s still looking OK. I’m not seeing many bearish indicators or signs of an impending top’

Since then, LINK has pumped an additional +34.7%, blowing past the $10 mark and trading around $13.50 at the

There’s more of this Insight

Choose your subscription plan

Sanbase PRO
Unlock all PRO insights

Years of market experience, compressed in each report

Since 2017, Santiment has been an industry leader in on-chain data, social intelligence and behavior-based analysis of the crypto market.

Our tools have a proven track record of timing price tops for cryptocurrencies, helping traders find profitable exit points and mitigate HODLing risk.

Our previous TOP calls:
insight card
signal form

What you get with Sanbase Pro:

  • Members-only daily market insights and analysis
  • 30+ on-chain, social & project indicators for 900 cryptocurrencies
  • Custom alerts for the coins' price, on-chain & social trends
  • Santiment Spreadsheet plugin with 10+ pre-made market templates
  • Personalized asset watchlists and weekly performance reports

Gain unfair advantage with Sanbase Pro

Subscribe to Sanbase Pro for access to exclusive insights, market-beating metrics, strategies and templates!