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What’s Next for Chainlink Price After 53.87 Million Tokens Accumulated

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Chainlink price has recently experienced a 1.87% dip, bringing it down to $14.18. This decline comes after a week of bearish sentiment, where $LINK struggled to maintain levels above $15. The token is currently falling into a multi-year trendline, an important aspect of its overall market structure since the beginning of 2023.