{"id":265316,"date":"2022-10-20T15:30:44","date_gmt":"2022-10-20T10:00:44","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=265316"},"modified":"2022-10-20T14:39:22","modified_gmt":"2022-10-20T09:09:22","slug":"chainlink-traders-can-take-advantage-of-zigzag-price-patterns-if","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/chainlink-traders-can-take-advantage-of-zigzag-price-patterns-if\/","title":{"rendered":"Chainlink traders can take advantage of zigzag price patterns if…"},"content":{"rendered":"

LINK<\/a> investors are still biting their fingers almost a week after its 50% drawdown from its September top. The cryptocurrency is still stuck near the current monthly low<\/a> despite positive developments that might contribute to healthy long-term growth.<\/p>\n

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Here’s AMBCrypto’s\u00a0 price prediction for LINK<\/a><\/p>\n

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Chainlink<\/a> did reveal some positive developments lately but they have not had an impact on LINK\u2019s price action so far.<\/p>\n

The network recently revealed that it secured its place in service provision for the cargo and marine industries. This development highlights the expansion of its services into some key industrial pillars through the Ontonomi parameric insurance platform.<\/p>\n

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Parametric insurance platform @OtonomiPlatform<\/a> is using #Chainlink<\/a> oracles to help supercharge its mission of bringing fully automated insurance contracts to the marine and cargo industries. https:\/\/t.co\/Rt0371Zprm<\/a> pic.twitter.com\/KYs0o0BbwB<\/a><\/p>\n

— Chainlink (@chainlink) October 18, 2022<\/a><\/p><\/blockquote>\n