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Chainlink Price Takes a Steep Jump of 6% Today

Chainlink (LINK) started the day with a deep dig yesterday. The traders of LINK are quite disappointed. Well, the time improved and the price is moving upwards.

The day opened with the downtrend and the coin felt a pullback in the price. Chainlink couldn’t hold itself and slipped tremendously. If we look at yesterday’s statistics, LINK touched a high at $1.71 and a low at $1.53. The coin has started the recovery. To understand the momentum more precisely, let’s have a look at the price chart.

LINK/USD Price Chart by TradingView

Chainlink price chart
Chainlink Price Chart by TradingView

Chainlink Price Analysis & Predictions

Yesterday, Chainlink started with a moderate movement. Later, the price slipped from $1.7092 to $1.6558 by 2.70%. Further, LINK price dropped again and touched $1.5161 from $1.6379 by 7.44%. Towards the closing hours, Chainlink price moved up again. The price counters changed from $1.5161 to $1.5818 by 4.28%. With an intraday loss of 7.56%, the currency closed at $1.58. Today, Chainlink started the day with a fall. The price dropped from $1.5818 to $1.5354 by 2.88%. However, Chainlink has taken a tremendous turn and booked an inclination of 6.62%. LINK price is currently dealing at $1.6370.

LINK has a high prospect in the future. The ROI (return on investment) of LINK stands at 930.12%. The 24-hour volume of the coin is noted as $105,632,616. The market cap is marked as $564,227,238. The data is suggesting that the investment in Chainlink wouldn’t be futile.

Chainlink is speculated to trade up to its 30-Day highest $2.5 by the end of the year. We would recommend the investors to pick short-term investment to draw a considerable amount.

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