Post
Topic
Board Speculation (Altcoins)
Re: LINK - CHAINLINK in the moon
by
Coin_trader
on 23/08/2020, 03:04:54 UTC
it seems that chainlink has dropped quite drastically from its initial price of $ 18 now to $ 15 and this is a quick change in just a few days. but the potential of chainlink is very good and we don't need to worry because chainlink will still be in the best position

It's because BTC drops sharply,  All crypto market are correlated to each other. Even though the chart of $LINK shows a sign of bullish trend last few days, It didn't stop the BTC drop effect.
Right now BTC is consolidating and we still didn't know what's the next move. By using elliot wave on Chainlink price now. We are now testing the correction point C and it needs to break 0.00144BTC price to confirm another bullish trend for them.