Chainlink Plunges 17%—Here’s the One Move That Could Spark a Stunning Comeback
Chainlink’s been dancing on the edge of a critical demand zone, hovering around $15.5, and if you ask me, the stakes couldn’t be higher. We’ve seen the profit-taking frenzy continue unabated, yet the latest metrics hint that the selling pressure might finally be easing up — but here’s the million-dollar question: is that enough to stop the slide from $19.5? Now, if you’re scratching your head wondering whether the worst dip is behind us or if the crypto rollercoaster has yet another loop ahead, you’re not alone. With Chainlink shedding over 17% since late July while Bitcoin tumbled almost 5%, the market’s mood is anything but settled. Still, the on-chain signals and technicals are throwing us a possible lifeline — though a decisive bounce remains far from guaranteed. Let’s dig deeper into what this means for LINK holders and those watching this space like hawks. LEARN MORE
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