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Although the first four months haven’t gone as many expected, there is a belief that a crypto market rally is close. That could be the case for Chainlink (LINK), as whale activity around the asset has surged by triple-digit percentages. Indeed, according to on-chain data, LINK has seen a 299% surge in whale moves over the last 24 hours, with the rest of the crypto market falling. According to IntoTheBlock data, Chainlink’s large transaction volume, which indicates whale activity, increased by 299% in the last 24 hours, reaching 6.71 million LINK, or $101.4 million. This comes as leading coins like BTC and ETH were down on Friday. Chainlink had a rough week, falling 11% in the past seven days. The recent moves, hence, could be a mix of panic selling or swooping up the asset at a low price. The latter could give LINK a much-needed rebound heading into the weekend. A combination of macroeconomic uncertainty, profit-taking, and crypto whale liquidations led to a $703 million liquidati...

Summary ⚈ Dogecoin closed above its 50-day MA for the first time since January 18. ⚈ Analyst TradingShot forecasts a conservative $0.90 DOGE target using Fibonacci extension. ⚈ Whale activity and market volatility may limit Dogecoin’s ability to sustain a rally. Dogecoin (DOGE) has closed above a key support level for the first time in more than 3 months.  At press time on April 23, DOGE was changing hands at $0.174, having marked a 12.12% gain on the 1-week chart. DOGE price 1-week chart. Source: Finbold Namely, the meme coin closed above its 50-day moving average (MA) on the 1-day chart on April 22, which hadn’t happened since January 18. Shortly before this, DOGE hit and rebounded off a 2-year higher low zone. Chart expert deems $0.9 a conservative Dogecoin price target Each time such a rebound and close above the MA has happened, Dogecoin price entered a bullish leg as part of a wider cycle, as noted by renowned chart expert TradingShot in an ...