LINK was trading at $1.78 in the initial hours of the day, today. With several falls it went as low as $1.74. Since, 04:40 UTC, the coin seems to have gained back its pace and started to maintain an upward motion. The highest trading price for the day until the time of penning down was $1.86 but, it could not maintain its efficiency and started to recede slowly. The coin at present indicates a bearish run which we anticipate it to be the reason of the declining market trend.
LINK to USD Price Analysis:
Chainlink reflects a bearish trend by 2.33% when compared to the highest price of $1.86 today which was at 05:58 UTC.
We feel that as per the trend observed and experts’ take on LINK prediction, the price might fall marginally today and can reach close to $1.78. Read more about LINK price prediction by our experts to know more about the possible future prices of Chainlink.
We strongly recommend purchasing the new coins as per the current trend of LINK as it is advisable to retain the coin from a long-term perspective.