Its impressive to see link still holding above $10. I read somewhere that their team said correct price is between $5-$8. How far it would go in the current market is quite difficult to tell. may be once bear trend is over it may range higher.
so 10 dollars is a fake price for the coin ? or they mean the correction price is 5 to 8 dollar . its not surprising to see the coin at this price but i think it deserve it .
market is dumping now but for a coin that has a strong support like link it possible that he can go further without major dips or it can also continue to increase while everyone else is dropping . the coin can show more when the bear ends but not sure if when this bear will last
I agree that the bear market is just starting I estimate the price of BTC will touch the price of $ 9k then all tokens and coins will contract, it is likely that LINK will touch the price of $ 5 if the bear market continues
chainlink, the most demanding coin, getting advance rapidly as well as continue partnering with big companies so that they can promote their network well. In the case, the medium term trend would still be very bullish. Seems link token would have once more attempt to break ath. I believe chainlink is good investment for future.
chainlink is an important ecosystem from DEFI they bridge the market price with the defi protocol as a price reference that changes significantly, it is likely that the future chainlink will cover traditional market prices