Analysts issue a warning on Chainlink, stating that LINK is undergoing a natural healthy correction of 55% after a 4x increase.

Credible, a cryptocurrency strategist, stated on social media platform X that Chainlink (LINK) may be on the edge of a major pullback. He pointed out that after months of significant rebound, LINK is now expected to undergo a deep correction with a potential decline of 50-60%. In addition, he also expressed a bearish view on Ethereum scaling solution Polygon (MATIC), predicting its price to fall to $0.585.

LINK-0.71%
ETH-0.59%
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GateUser-bca8a876vip
· 2024-05-26 01:45
WAGMI 💪
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