Back to the list

Chainlink Price Faces 20% Downside Risk as Key Support Falters

source-logo  coingape.com 12 April 2024 18:50, UTC

Amid the broader market correction, the Chainlink price witnessed a steady correction evidenced by the lower high formations in the daily chart. An analysis of the daily chart revealed this retracement as the development of the descending triangle pattern. The bearish pattern coiled with market uncertainty could lead to a prolonged downfall in the LINK coin. Should you sell?