Chainlink Eyes $20 as Whale Activity Soars and $17.80 Breakout Looms

By: cryptosheadlines|2025/05/15 15:15:04
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Whale activity surged 125%, signaling large holder interest and possible accumulation.LINK eyes $20 as it approaches key resistance at $17.80 within a strong ascending channel.On-chain metrics and rising volume support continued bullish momentum for Chainlink.Chainlink (LINK) is showing growing strength in the current market. On-chain data and recent price movements suggest LINK may soon break through key resistance. Traders are watching the $17.80 level closely, as momentum builds toward a possible move to $20.Whale Activity and On-Chain Signals Support LINK’s MomentumChainlink has seen a surge in whale activity, indicating growing interest from large holders. According to data provided by Sentora via IntoTheBlock, LINK’s large transaction volume rose by 125% in the last 24 hours, reaching $133.94 million. This volume translates to nearly eight million LINK moved across large transactions. Whale Alert reported that over 2.5 million LINK were transferred from Bybit exchange to unknown wallets in two separate transactions. These moves suggest either accumulation or fund redistribution by large holders. Transfers of this scale often signal preparations for large market shifts, particularly if funds are moved off exchanges.Technical Setup Points to Breakout if $17.80 is ClearedLINK has been trading in a rising channel since early April, with higher highs and higher lows observed consistently. According to analysis prepared by Michaël van de Poppe on May 13, 2025, a successful breakout above $17.80 could trigger a rally toward $20.00. This level represents both psychological resistance and a technical ceiling.Source :Michael Van De Poppe(X)The 50-day moving average near $13.95 and 200-day moving average at $12.80 offer strong support. Daily RSI stands at 62, suggesting LINK is gaining strength but has room to grow. As long as LINK remains inside the channel, pullbacks may present buying opportunities.Growing activity on-chain and strong performance relative to Bitcoin further support the positive outlook. CoinGecko data shows LINK gained 15% in 24-hour volume, with active addresses also rising. These metrics, along with stronger tech market sentiment, may help drive LINK to $20 in the near term.Source link

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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