LINK Price Crashes 32% as Key $10.65 Support Faces Pressure
Photo: Coinpedia
LINK has dropped 32% from its late-October peak of $15.50 to approximately $10.65. On technical chart, a break below $10 could expose LINK to $9 and potentially $7. Chainlink's new compliance framework uses CCIP, ACE and Data Streams to support onchain bond standards. Chainlink’s fundamentals are getting stronger headlines than its token price. LINK has fallen roughly 32% from its late-October peak of $15.50 to around $10.65, while today’s decline pushed it below the 200-day EMA band. The immediate question is whether buyers can defend this support or whether another leg lower is coming.
Source: Coinpedia
