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LINK price signifies a bearish trend and persists in draining gains.
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Buyers are staying on the back foot and have lost momentum.
The LINK price has slipped below the crucial support zone of $15 and witnessed a rounding top pattern on the charts. The trend is bearish; the token has eroded gains of over 30% and breached the 38.2% Fib support zone. The price action signifies the underperformance, and sellers have persisted in adding short positions and consistently replicating their dominance.
At press time, the Chainlink token (LINK) price traded at $13.32 with an intraday drop of 4.38%, reflecting bearishness on the charts. It has a monthly return ratio of -27.90% and 89.87% yearly. The pair of LINK/BTC is at 0.000217 BTC, and the market cap is $7.83 Billion. Analysts are neutral and suggest that the Chainlink crypto may continue to ride on the bearish track and will retest the $10 mark.
LINK Price Volume Profile Analysis On Daily Chart
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We współpracy z: https://www.thecoinrepublic.com/2024/04/30/link-price-prediction-can-link-stretch-the-down-move-to-10/
