Chainlink’s LINK price is showing bullish momentum with potential gains above $14.20 against the USD, fueled by a recovery from the $12.65 support and a break above a major bearish trend line.
Chainlink (LINK) saw significant bearish pressure, with 19 million tokens transferred to exchanges, signaling potential price downside. Popular analyst Ali Martinez noted large transfers into centralized exchanges, indicating possible investor sell-off. LINK's value dropped nearly 10% in a week and may fall further.