Market sentiment surrounding Chainlink
The current market sentiment surrounding Chainlink is extremely bullish. Although the Fear & Greed Index is fluctuating in the "extreme fear" zone, most technical indicators show a sustainable upward trend. As of May 24, 2024, the majority of technical analysis tools have confirmed a positive outlook for LINK.
Some analysts have weighed in with rising price predictions. Digitcoinprice predicts LINK will reach $37.35 by the end of May, representing a staggering 117% increase. The overall optimistic outlook is bolstered by LINK's impressive performance over the past month, with a price increase of more than 16%