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Examining why Chainlink's breakout fizzled out right

Chainlink breaks out from bearish structure, but

Will Chainlink's (LINK) Price Continue Correcting in April? - CCN.com

Identifying Critical Support And Resistance

Chainlink Price Loses Key SupportIs $6 Next After 376M LINK

Over the weekend, Chainlink’s price broke out of the upper trendline of the falling wedge and validated the bullish breakout. Amid the breakout, CCN observed that the

Identifying critical support and resistance levels, Chainlink is currently on a bearish path, heading toward the $12.44 support level. If the price breaks and closes below

Chainlink Breaks Free, Signals Massive Rally

Chainlink (LINK) Breaks Bearish Trend, Eyes 25% Rally

Chainlink Price Breaks Key Resistance: Can LINK Rally to $20?

Chainlink

Chainlink (LINK) Faces Bearish Pressure, Approaches Critical $12

Chainlink also broke down from a short-term ascending support trend line (dashed), losing its bullish structure. Another sign of a bearish trend is the upward movement

Chainlink (LINK) has been gaining attention in the cryptocurrency space after breaking out of a long-standing bearish trend. On Ma, the altcoin surged

The Critical Ascending Support Line

The critical ascending support line which Chainlink price broke down recently indicated that its previous bullish trend could have transitioned towards a full bearish season.