>Bounced of the 200 EMA >RSI lowest since march madness and oversold af >Healthy although quite drastic correction from ath >Project still strong as always with continuous development, strong team and huge future potential >Staking still to come, possibly this year
Can somebody give me one good reason we won't go up from here?
larger macro economic occurrences. But I agree, the risk to accumulate on these levels is practically not present. Fundamentals didn't change, the hype might be lower, but the hype wasn't high to start with, more using the network, other chains than eth starting to natively integrate LINK, even if cz did i in such a scummy way that I wouldn't consider his shit secured by LINK
Tyler Moore
> bounced
Yeah, not really. Nobody's picking it up. Sorry bud, this does not look like the bottom
Wyatt Brooks
Sure buddy: BTC is not done dumping yet and LINK will simply have to follow. It's going to break that MA by some.
>Can somebody give me one good reason we won't go up from here?
cucks
One thing that is an absolute guarantee in crypto is that if cucks have an opportunity to cuck, they will ALWAYS cuck. Right now LINK's recovery is depending on people not cucking, so it will cuck and go down
The question I have is WHY? Linkers continuously shill but never give me a reason to buy. >Strong project, continuous development, strong team >Huge future potential
Okay so for future potential, what will that be? Nothing Chainlink is offering right now is revolutionary by any means. There are 15 other oracle competitors, so why Chainlink? It's looking insanely overvalued right now with nothing being delivered. Telling me the weather or pricing implementation/integration isn't anything short of boring.
Dylan Richardson
Oh great chart master, show me one time when something had a speculative bubble, crashed, and then immediately went BOINGGGGGGG to a new ATH