Chainlink Price Analysis: Can a Push for $16 Overcome Bearish Pressure?

Quick Summary:

During the Bitcoin Conference week, the LINK price initially rose by 7%, only to lose all its gains in the subsequent three days.

Chainlink price has been declining since its peak in March despite several market-moving events.

The price of LINK has dropped by 3.9% in the last 24 hours and is trading at $12.82.

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Article Details

Author / Journalist: Evans Karanja

Category: Crypto

Markets: India

Topics: Price Analysis Chainlink Price Chainlink price analysis LINK Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 08:59:37 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 501 words

Reading Time: 3 minutes read

Sentences: 57 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21884095

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 25 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #59

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