Chainlink

<ul><li>Bearish momentum dominates the LINK market, with the potential for a further price drop.</li><li>Increased trading volume suggests positive sentiment despite the temporary decline.</li><li>Technical indicators point to a potential market sell-off; caution is advised.</li></ul>Bears early in the day pushed <a href="https://coinedition.com/tag/Chainlink-LINK/" rel="noopener noreferrer nofollow">Chainlink (LINK)</a> prices down to $7.2535. However, Bulls broke the bear rule and pushed LINK price to a 24-hour high of $7.50, where resistance was solid, leading to a 7-day low of $6.81 (support zone).Bearish momentum remains in the LINK market at the time of writing, leading to a 2.49% drop to $7.06. If bullish momentum breaks through the 24-hour high of $7.50, the next objective for LINK might be the resistance level of $8.00; if negative momentum persists, the support level of $6.50 may be challenged.<a href="https://coinedition.com/bears-prevail-as-link-drops-to-7-day-low-will-bulls-stage-a-recovery/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

Bears Prevail as LINK Drops to 7-Day Low, Will Bulls Stage a Recovery?

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