Chainlink price prediction showcases the token’s consolidation phase over the daily price chart.
LINK crypto has fallen below 20, 50, 100 and 200-days Daily Moving Average.
The pair of LINK/BTC is at 0.0003513 BTC with an intraday drop of 1.14%.
Since May 2022, according to Chainlink price prediction, the token has consolidated inside the long-term consolidation phase. The LINK cryptocurrency needs to climb to the top of the daily price chart’s long-term consolidation phase. In the meanwhile, in order to move up for its breakout from the consolidation phase, LINK cryptocurrency has to gather buyers. Volume, however, is shown to be below normal and must increase for LINK to signify its breakout.
Chainlink price is currently approximated at $5.91 and has lost 0.39% of its market capitalization in the last 24-hour period. Trading volume has decreased by 33% during the intraday trading session. This demonstrates that sellers are trying to pull LINK crypto. Volume to market cap ratio is
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