Crypto News-Announcements

Cardano (ADA), Chainlink (LINK) May Not Be Stopped by Pullbacks

  • Both LINK and ADA are enjoying a wave of whale interest.
  • A strong support at $0.36 could help ADA ride all the way to $0.41.
  • LINK’s bullish bias remains very potent, indicating a potential surge to $20.

In the last seven days, the prices of Cardano (ADA) and Chainlink (LINK) have increased, much to the delight of their holders. For example, LINK, trading at $15.03 at press time, has seen its value jump by 33.31% over the last week.

ADA, whose earlier days in the year, were plagued by massive nosedives, increased by 15.86% within the same period. Consequently, the price rise has brought back optimism into the market. However, according to on-chain data provider Santiment, the surge would have been impossible without the input of whales.

In Santiment’s post on X (formerly Twitter) on November 10, whale transactions involving LINK and ADA, valued at over $100,000, hit the highest point in the last six months 

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