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Chainlink Price Forecast: LINK risks 16% decline amid mild ETF inflows
Chainlink (LINK) is exhibiting weakness, trading at around $13.84 at the time of writing on Friday. The decline marks the second consecutive day under increasing selling pressure. If bulls fail to reclaim key levels and flip them into support, a 16% decline to $12.76 would be on the cards. Chainlink spot Exchange Traded Fund (ETH), operated by Grayscale, launched in the United States on Tuesday. On its first day of trading, GNLK recorded $37 million in inflows, and on Wednesday, $3.84 million. According to SoSoValue data, the LINK ETF extended its positive streak, with $4.46 million in inflows on Thursday. So far, ... (full story)
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