LINK ALERT
Chainlink Is in a Decline as It Holds above $7.50
Chainlink (LINK) price is currently in the bullish trend zone as it holds above $7.50. The value of the cryptocurrency asset is currently falling as it gets closer to the 21-day SMA.
The market's oversold area has been reached by the current decline. It suggests that the selling pressure may ease downward. The LINK price could drop and hold above the 21-day SMA on the downside.
Chainlink (LINK) price is currently in the bullish trend zone as it holds above $7.50. The value of the cryptocurrency asset is currently falling as it gets closer to the 21-day SMA.
The market's oversold area has been reached by the current decline. It suggests that the selling pressure may ease downward. The LINK price could drop and hold above the 21-day SMA on the downside.
JOHN SMITH
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