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#CryptoObservers #LINKUSD
The trend on Link has changed as the price plummeted well below the 61.8% Fib level, more precisely, it dropped to $16. The decline started from $26.4, and there were several bounces down from this level. After the drop, the bulls turned the price and returned to $22, but they have not been able to regain the bullish trend. We expect movement towards $24 next week.
DeepSeek predicted a significant growth of the course in the next five years thanks to: the release of tokenized assets on the Chainlink blockchain, the high level of interoperability of the LINK network, the emergence of popular games based on the Chainlink blockchain, the conclusion of important strategic partnership agreements, for example, with the startup Usual, which developed a protocol for creating decentralized stablecoins. AI suggests that Chainlink could multiply in value by 20-50 times in the next 5 years. Currently, the price of the digital asset is $17.6, but by 2020, the value will increase to at least $352 if the AI forecast comes true.
Chainlink aims to become the leading provider of crypto indexes.