LINK Under Bear’s Grip

Chainlink traded at $26.50 with a loss of 8.24% in the last 24-hour time-frame. On the weekly time-frame, LINK is maintaining a gain of 6.0%. In contrast, the market capitalization stands at $10 billion. Technically, Chainlink price slips below the SMA-50 on Friday's trading session and may soon test the support level of $23.13.

Resistance: $30.82
Support: $23.13

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Trade closed: stop reached