Tag Archives: Chainlink Decline

Is Chainlink (LINK) Sliding To $9? On-Chain Metrics Expose Weak Network Activity

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Chainlink (LINK) is at a crucial level after a sharp 22% retrace from recent local highs, sparking concern among investors and analysts. The recent downturn is compounded by unsettling on-chain data that suggests Chainlink’s network activity may weaken, adding to the uncertainty surrounding the asset. This decline in activity, coupled with broader market volatility, has… Continue reading Is Chainlink (LINK) Sliding To $9? On-Chain Metrics Expose Weak Network Activity→

Chainlink (LINK) Could Drop To $8 If It Loses Current Support: On-Chain Data Reveals

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Chainlink (LINK) has faced significant volatility this week. Its price dropped over 13% from Monday’s high, bringing LINK to a critical support level of around $11.20. Traders and investors are closely monitoring this crucial area. The importance of this level is further emphasized by on-chain data from Santiment, which shows that demand for LINK is… Continue reading Chainlink (LINK) Could Drop To $8 If It Loses Current Support: On-Chain Data Reveals→