Chainlink (LINK) surged last week, and the last time it went above $ 14. The asset is traded at $ 14.40 as of the writing of this news, which is the car it has increased by about 20% in the past 24 hours. The asset's performance followed when Bitcoin, Ethereum, and other major cryptocurrency assets were at their local peaks. LINK is ready to drop from here as some analysts continue to weaken the bullish trend of some techniques. Analysts See a Decline in Chainlink Chainlink (LINK) has been one of the best performing cryptocurrency last week. After falling to about $ 8 by the time of July's learning, the equivalent has risen to $ 14.40 as of the writing of this article. However, the cryptocurrency is apparently taking a downtrend, analysts say. Although LINK trades against stablecoins in some markets, cryptocurrency traders are known to convert their altcoin profits into large "reserve" counterparts like BTC and ETH. If this happens with LINK or other altcoins, Bitcoin and Ethereum can see massive capital inflows, which raises prices.
