In a flourish of cryptic chaos, Chainlink, that beloved oracle of blockchain prophecy, stubbed its philosophical toes and plummeted for two relentless days, reaching depths not seen since the January of yore, all amidst the accelerating frenzy of the crypto carnival.
The Drama Unfolds
The chart, a veritable horror story, reveals LINK’s descent from a noble high of $27.78 in August to today’s $12.80, capturing the tragic poetry of market decline.
On November 6, it donned the dreaded death cross, where the 50-day and 200-day averages crossed paths like two doomed lovers-one signifying doom, the other despair.
Further, the infamous bearish pennant drapes the scene-a vertical line meeting a symmetrical triangle, merging near their confluence like a cosmic joke.
The small double-top at $14.25 and the neckline at $12.95 hint at a bearish breakout, likely smashing through the November lows at $11.60-behold the impending doom, dear reader!
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2026-01-19 21:15