Chainlink Price Stalls At Key Support Level, Have The Bears Taken Over?

Over the past week, the Chainlink price has been hovering around its local support level, as altcoins have displayed similar indecisiveness in response to broader market sentiment. However, in the last 24 hours, Bitcoin and LINK experienced slight gains on their charts.LINK saw a 1.5% increase, and its weekly chart indicated consolidation. The altcoin’s technical outlook seems to favor the bulls. Demand and accumulation were in the positive zone, indicating increased buying strength.
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