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Chainlink (LINKUSD) Remains Steady Above The Near-term Demand Zone
Chainlink (LINKUSD) has evolved into a crucial indicator of the altcoin ecosystem as a whole in the turbulent cryptocurrency market.
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Chainlink (LINK) Could Rise From Institutions Involvement
Chainlink (LINK) remains at a significant high, while the broader view suggests further upward pressure with free space above the last two year's high.
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Chainlink Supply On Exchanges At Yearly Low: LINKUSD Technical Analysis
Chainlink released the second iteration of its staking program for LINK holders on November 28. A considerable proportion of version 1 stakers promptly converted their assets to the upgraded iteration within 24 hours of the release. This led to a substantial outflow of LINK tokens from exchanges.
![chainlink-whale-could-initiate-profit-taking](https://static.vstarstatic.com/upload/2023-11-22/vstar-chainlink-whale-could-initiate-profit-taking.png)
Chainlink Whale Could Initiate Profit Taking: LINKUSD Technical Analysis
Since September, an upward trend has been visible in the Chainlink price, culminating in an impressive 60% increase over the previous thirty days. The price has decreased by 2% daily, giving a chance of an imminent further decline.
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LINK Guide For Traders
Exploring Chainlink and its native token, LINK, as well as Fundamental analysis, technical indicators, and risk management for LINK CFD trading.