Chainlink (LINK) is consolidating around $8.79. Technical indicators show mixed signals but may be bullish for the market. Whales and retail traders have a Delta value of -31.040, indicating retail traders are under selling pressure; meanwhile, the Chaikin Money Flow is positive (0.04), and the Relative Strength Index (RSI) has rebounded to 44.38, suggesting potential accumulation is occurring. The protocol has facilitated over $28 trillion in trading volume and maintains a dominant market share in the DeFi oracle space.

LINK-5.84%
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