The higher-timeframe Chainlink crypto price bias was bullish, but the altcoin was affected by October's market-wide correction.
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LINK recedes in the short term and quotes below its fast moving averages, although it remains on longer term references. The advancement of Chainlink products provides a fundamental context, but the available data do not confirm that it explains the recent pressure; the MACD bassist and lack of information on derivatives advise to prioritize levels and risk control.