Link has already corrected by 90% from the high, I don’t expect a very strong drop , maximum to $4-4.5
One of the positive signs is that when Bitcoin updated the bottom in June and fell from 30k to 20k at the same time Link held the $6 level and a strong buyer came out during this fall which still holds the price higher, which may indicate the beginning of Link accumulation what can last as long as in the entire crypto market. Locally, we can see growth towards the upper border of the flat and 200MA
ChainLink is a blockchain network of oracles. The essence of the project is to solve the problems of technical compatibility of blockchain technology with traditional methods of data transfer. Now smart contracts have gone beyond being used only in the cryptosphere, various organizations have begun to use the blockchain. Therefore, there is a request to synchronize the work of the crypto and traditional financial industry.
Among oracles, it is considered the flagship and most powerful data provider with many partners The segment of oracles has shown itself quite a bit, in the future the time will come for this segment
Nice job spotting this. Did you know that LINK is the most widely held coin among the top 100 ETH wallets? Somebody knows something and it would be advisable for the rest of us to follow suit. Another trader put it nicely. He said "have you ever seen dynamite close up". That's exactly what you're looking at with LINK. It's gonna blow up!