- IOTA’s breakout is supported by strong community sentiment and rising accumulation.
- Chainlink whales are steadily reducing exchange supply through strategic withdrawals.
- Technical structure favors upside for both assets if momentum holds.
IOTA and Chainlink are drawing renewed attention as both tokens show signs of strengthening market structure, rising accumulation, and improving sentiment. While each project follows a different narrative path, the underlying message is similar: buyers are gaining control, and downside pressure appears limited for now.
Recent price action suggests that investors are positioning for continuation rather than short-term exits, supported by technical breakouts and on-chain behavior.
IOTA Rally Gains Strength From Community and Development Momentum
IOTA has extended its bullish run, posting a sharp daily gain that pushed its weekly advance well above 30%. This move reflects more than speculative enthusiasm. Development progress and expanding partnerships—particularly initiatives tied to trade infrastructure and regional adoption—have helped reinforce confidence in the network’s long-term utility.
Community sentiment has followed price higher. Bullish participation surged notably, with optimistic votes overwhelmingly dominating recent sentiment readings. That support has coincided with IOTA breaking above a descending resistance channel that had limited upside since late 2024.
From a technical standpoint, momentum indicators have turned constructive. The MACD flipped positive for the first time in months, while accumulation metrics continue trending higher, signaling sustained buying rather than distribution. The next major test sits near the $0.19 region, where prior supply could challenge the rally if follow-through weakens.
Chainlink Whales Quietly Drain Exchange Supply
Chainlink’s bullish case is being built more quietly—but no less decisively. Large holders have steadily withdrawn LINK from centralized exchanges in a series of measured transactions, removing nearly 800,000 tokens from liquid markets over several weeks.
This gradual accumulation points to strategic positioning rather than reactionary buying. As exchange balances decline, available supply tightens, making price increasingly sensitive to future demand shifts.
Spot market data confirms this trend. Persistent net outflows continued even during periods of consolidation, suggesting holders preferred custody over readiness to sell. Such behavior often precedes stronger directional moves once demand returns.
Structural Breakout and Derivatives Positioning Favor Upside
Price action has begun to reflect these underlying dynamics. LINK recently broke above a long-standing descending channel following the formation of a classic base structure, indicating seller exhaustion. Buyers are now defending higher levels, with immediate resistance overhead and broader upside opening if that barrier gives way.
Derivatives markets lean heavily bullish. A strong long bias among top traders highlights confidence but also introduces volatility risk if momentum stalls. Still, funding remains controlled, reducing the likelihood of forced unwinds in the near term.
Liquidity data further tilts the balance upward, with dense short-liquidation zones sitting above current price levels.
Also Read: Chainlink’s Quiet Transformation: Why Oracles Are Becoming Crypto’s Most Critical
Both IOTA and Chainlink are moving higher on structural strength rather than hype alone. Accumulation, improving sentiment, and clear technical shifts suggest that buyers are positioning for continuation. While resistance levels remain key hurdles, the broader setup favors upside exploration over abrupt reversals—provided momentum holds.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. CoinBrief.io is not responsible for any financial losses.
