Chainlink’s Latest Downtrend Eases as Whales Buy Up Discount Tokens | Crypto Briefing

Key Takeaways

  • Chainlink may be on the verge of another rejection from the 50-day moving average.
  • While the $10 level seems to be acting as stiff support, slicing through it could lead to a drop towards $8.
  • Despite the high probability of a correction, on-chain metrics show that the buying pressure behind this cryptocurrency is surging.

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