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CoinGape
2024-04-13 00:41:47

Chainlink Price Faces 20% Downside Risk as Key Support Falters

Chainlink Price Faces 20% Downside Risk as Key Support Falters

Amid the broader market correction, the Chainlink price witnessed a steady correction evidenced by the lower high formations in the daily chart. An analysis of the daily chart revealed this retracement as the development of the descending triangle pattern. The bearish pattern coiled with market uncertainty could lead to a prolonged downfall in the LINK The post Chainlink Price Faces 20% Downside Risk as Key Support Falters appeared first on CoinGape .

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