Chainlink’s LINK Hits 6-Week Low but Buyers Defend $20 Support: Can a Trend Shift Follow?

Chainlink’s cryptocurrency, known as LINK, has recently fallen to a six-week low, raising concerns among investors and traders alike. Despite this decline, there appears to be a concerted effort from buyers to defend the crucial support level at $20. This situation prompts the question: Could this current price action potentially signal a shift in the underlying trend for Chainlink? As market participants monitor these developments, many are left wondering whether this defensive stance by buyers will be enough to reverse the current downtrend and pave the way for a more bullish outlook in the near future. source: https://blocknews.com/chainlinks-link-hits-6-week-low-but-buyers-defend-20-support-can-a-trend-shift-follow/