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Chainlink Price Forecast: LINK tests key support as retail interest cools
Chainlink (LINK) is trading at $11.16 at the time of writing on Thursday, extending its downtrend for the second consecutive day amid broader crypto market weakness. The oracle token has declined by 9.4% over the last week, 5.5% over the past 24 hours, and 4.9% intraday. Sellers appear to be targeting the critical $11.00 psychological support level, a threshold that could determine whether LINK stabilizes or accelerates its correction below $10.00. Chainlink faces waning retail interest, with futures Open Interest (OI) dropping to $562 million on Thursday, from $580 million the previous day. The slump is part of a ... (full story)
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