<-- test --!> LINK Price Prediction – Best Reviews By Consumers
LINK Price Prediction

LINK Price Prediction

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LINK Price Prediction

Chainlink is a platform for creating Decentralized Oracle Networks (DONs), which enable the establishment of hybrid smart contracts by bringing real-world data onto blockchain networks.

Chainlink offers the capacity to expand smart contracts, making data for events and transactions more accessible. Decentralized Oracle Networks (DONs) are a network of autonomous oracle node operators that fetch, aggregate, validate, and deliver real-world data on-chain. On behalf of smart contracts, each oracle node might specialise in offering various decentralised services. Data suppliers utilise the network to monetise their datasets by offering APIs to smart contract apps. Securing Decentralized Finance (DeFi) protocols, which require financial market data, is the most popular use case. Let us review the LINK price

LINK Price Prediction

LINK Price

Bullish Scenario: LINK broke the bearish downtrend line on the lower time frame like 4hour(4H) and is trading above the support zone of $15.3. If it stays above this zone and the resistance level at $17.40 is broken then we could start seeing a move towards $19.50, $22.70 and above.

Bearish Scenario: LINK has been in a downtrend channel since the last few days and we are not completely out of the woods to have strong bullish bias. On higher time frames such as daily, weekly, and monthly, LINK is still in a downtrend. So failure to hold the support at $15.3 and breaking below $14 could lead to a drop towards $12.89, $8.96 and below.

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The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate. However there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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