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Chainlink Price Prediction for January 18

In the last 24 hours, the price of Chainlink (LINK) tried to rise above $25.6 but failed and fell below $24, dropping by 0.82%. It’s now close to the price levels it saw in early January. The fear/greed index shows that sentiment has risen sharply, currently indicating greed at level 66. However, Chainlink’s trading volume has decreased by 15.4% in the last day, totaling $930.5 million.

Looking at the broader trend, LINK’s price has been falling since mid-December, moving down from a high of $31 to about $14 this week. Despite this drop, there seems to be enough buying interest and market activity to keep its price in a potential buying zone. Over the last 24 hours, its market capitalization has also dropped by 1.28% to $15.23 billion.

Chainlink Price Prediction for January 18

In the last 24 hours, the price of Chainlink (LINK) tried to rise above $25.6 but failed and fell below $24, dropping by 0.82%. It’s now close to the price levels it saw in early January. The fear/greed index shows that sentiment has risen sharply, currently indicating greed at level 66. However, Chainlink’s trading volume has decreased by 15.4% in the last day, totaling $930.5 million.

Looking at the broader trend, LINK’s price has been falling since mid-December, moving down from a high of $31 to about $14 this week. Despite this drop, there seems to be enough buying interest and market activity to keep its price in a potential buying zone. Over the last 24 hours, its market capitalization has also dropped by 1.28% to $15.23 billion.
https://blockchainreporter.net/daily-prediction/chainlink-price-prediction-for-january-18/