Chainlink (LINK) has experienced a 4.56% correction in the past day.
LINK’s price broke through its critical support level of $13.275, indicating heightened selling pressure.
The 50-day EMA acts as resistance, while the RSI shows a bullish rebound in the oversold range.
The cryptocurrency market has been experiencing heightened price volatility, and Chainlink (LINK) has not been immune to the immense bearish pressure. Within the past day, the LINK price has recorded a 4.56% correction, with a trading volume of $282.500, which represents a 4.78% increase during this period.
Furthermore, the Chainlink token has lost 7.01% over the last seven days and approximately 11% in the past 30 days. The altcoin’s year-to-date (YTD) return stands at -17.18%, emphasizing the strong bearish influence on its market performance.
Chainlink (LINK) Price Analysis: Potential Breakdown Looms
The LINK coin price recently breached its critical support level of $13.275, indicating an increase
We współpracy z: https://thenewscrypto.com/chainlink-link-price-faces-bearish-pressure-amid-market-volatility/
