Will This New Development Push The Chainlink Price To $7?

The Chainlink price has not reflected positive changes despite a major development in the altcoin’s ecosystem. Over the last 24 hours, LINK has declined by over 4%. Even in the weekly window, the altcoin lost over 6% of its value.
LINK had charted considerable gains in the month of November. The bulls, however, could not sustain the price action as the coin moved southward at the beginning of December.
Chainlink’s price has dropped below the $7 mark. For the coin to turn bullish, it