ChainLink price analysis: LINK crashes to $11.4

The ChainLink price analysis for May 5, 2022, reveals the market following a bearish movement, obtaining significant negative momentum, signifying a positivity loss for the LINK market. The price of ChainLink has regained negative over the past few hours.

Timeline of Chainlink

Popular crypto analyst Michaël van de Poppe thinks the end of the bear market is near for decentralized oracle network Chainlink (LINK) and other struggling altcoins. In a new video update, Van de Poppe tells his 165,000 YouTube subscribers that Chainlink is down about 80% from its all-time high of $52.70, which it hit last The post End of Bear Market Approaching for Chainlink (LINK), Says Crypto Analyst – Here's His Reversal Scenario appeared first on The Daily Hodl.

Double launch brings the firm's total number of ETPs listed to seven so far in 2022.  May 04, 2022 | SAINT HELIER, Jersey - CoinShares (“the Company”) (Nasdaq First North Growth Market: CS; US OTCQX: CNSRF), Europe's largest digital asset investmen...

Popular altcoins Uniswap (UNI) and Chainlink (LINK) are likely to see big price rises in the coming days, after digital asset manager Coinshares said it will list ETPs featuring the two. CoinShares said it will list two new physically-backed exchange-traded products (ETPs) tracking the prices of UNI and LINK.

Chainlink has always been lauded for its services, even when it doesn't perform as per expectations. Now, due to its popularity among Defi protocols, it was being expected that the token will recover on the price charts eventually.

Chainlink price analysis today shows the prices are starting to oscillate near the $11.23 handle as the bearish market sentiment weakens. The LINK/USD pair had a volatile trading session on Tuesday but managed to find some stability around the $11.23 level.

The ChainLink price analysis for April 25, 2022, reveals the market following a bearish movement, obtaining significant negative momentum, signifying a loss of positivity for the LINK market. The price of ChainLink has remained negative over the past few hours.

The ChainLink price analysis for May 1, 2022, reveals the market following a bearish movement, obtaining significant negative momentum, signifying a loss of positivity for the LINK market. The price of ChainLink has remained negative over the past few hours.

The price of Chainlink [LINK] has been in a downtrend for quite some time now. Over the last seven days, the #27 ranked cryptocurrency witnessed a 19% correction as per CoinMarketCap.

After coasting within the bounds of a down-channel for nearly a month, Chainlink [LINK] pierced through some critical price ranges in the last few weeks. In the recent bear run, the sellers kept sinking the resting grounds only to find fresher multi-month lows.

The price of Chainlink (LINK) is in a downtrend as the cryptocurrency continues its downward movement. Today, the altcoin has fallen to the low of $11.83 as the bulls are buying the dips.