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Chainlink Price Plunges Amid Market Turmoil: Rebound or More Bearish Trends Ahead? Coingape 02 сен 2024

Chainlink Price Plunges Amid Market Turmoil: Rebound or More Bearish Trends Ahead? 📉

Chainlink (LINK) price has experienced a notable decline in its market price, aligning with broader market downturns. Currently, the LINK is trading below key support levels, indicating a bearish trend.

Despite efforts, Chainlink faces challenges in mounting a recovery, as it remains affected by the prevailing negative sentiment in the cryptocurrency market. In recent weeks, there have been consistent signs of weakness as traders remain cautious.

Источник: coingape.com ↗

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