Chainlink has demonstrated significant fluctuation, indicating increasing selling pressure. The price of LINK has moved towards the 13.4 USD region, raising concerns among traders.
Recent trading patterns suggest that holders are prioritizing immediate profits over long-term investment, which could hamper the future stability of LINK prices.
On-chain metrics reveal a notable spike in selling, particularly after a rise to 15.5 USD, contributing to uncertainty about LINK’s near-term trajectory.
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