Chainlink price prediction: Short-term dip ahead, but a trend shift seems likely
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Chainlink's short-term price prediction is leaning towards a dip, as indicated by the current market analysis. The Chaikin Money Flow (CMF) and Relative Strength Index (RSI) are giving opposing signals, creating uncertainty among traders. Additionally, spot demand for Chainlink continues to weaken, adding to the bearish sentiment. Despite the near-term negative outlook, there is speculation about a potential trend reversal, which may bring a shift in the price trajectory.
Source: ambcrypto.com ↗
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