Analytics

Chainlink Price Analysis: Investors Eye Higher Rally as Profit-Taking Ratio Hits 11:1

24.05.2024

Chainlink Price Analysis: This week witnessed a roller coaster in inverters sentiment as early week recovery spurred by Ethereum because development in spot ETF is now countered by Bitcoin correction. The BTC falling for four consecutive days reached $67000, limiting the recovery for several altcoins. However, the Chainlink (LINK) coin shows notable resilience to the market correction as it jumped 4% today to form a reversal candle pattern— morning star at $16 support.

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24.05.2024
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  • bitcoinBitcoin (BTC) $ 73,765.00
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