Sell signals flash for Chainlink: Time to let go of LINK?

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AMB Crypto 1 year ago 245

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Posted: December 10, 2024

  • LINK ($12.69)’s TD sequential flagged a sell signal on the token’s chart. 
  • Selling pressure increased, and whales were also dumping their holdings. 

Chainlink [LINK] has showcased remarkable growth of late in its network activity, reflecting a rise in adoption and usage. This massive hike in usage, however, couldn’t propel LINK’s growth as it fell victim to a double-digit price decline in the last 24 hours. 

Chainlink is in trouble

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