The global crypto market cap witnessed a nearly 3% surge as the market dominators were in the green. Consequently, Chainlink displayed a bullish price action and preferred buyers in the near term.
However, tokens like AAVE and Enjin Coin indicated near-term signs of easing bullish momentum.
Chainlink (LINK)
TradingView, LINK/USDT
For the past 22 days, LINK noted higher highs and higher lows after assuming a steady uptrend. The digital currency registered a 20.27% monthly ROI. Consequently, LINK reached its seven-week high on 27 October at $33.91 and rebounded between the trendlines. After which, within a few hours, the alt hit its week’s low as the bears exerted sustained pressure.
However, the bulls displayed vigor as the price gradually
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