LINK price
Chainlink is currently trading at $16.54 after experiencing a 6% decline in a single day, putting it at a crucial pivot support level. This decline comes as macroeconomic challenges continue to exert selling pressure across the cryptocurrency markets. The price drop reflects a broader trend, with Chainlink facing a 22% decline over the past month. The ongoing bearish momentum raises concerns among investors as they monitor the asset’s ability to hold this critical support level. Market analysts are closely watching the situation, as a failure to maintain support could lead to further declines in LINK’s price.
