Chainlink Price Forecast and Current Market Sentiment – May 2023

Our present prediction for the price of Chainlink suggests an anticipated increase of 9.37%, with its value expected to hit $7.07 by May 16, 2023. Current technical indicators imply a Bearish sentiment, while the Fear & Greed Index displays a Neutral value of 52. Chainlink has had 14 green days out of the past 30, equivalent to 47%, accompanied by a price volatility of 6.36%. Based on our Chainlink prognosis, it’s currently not an ideal time to invest in Chainlink.

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