The Chainlink price analysis shows that the LINK price action found support at the $6.80 mark and the bullish momentum has enabled the price to return to the $7.00 mark. However, the price action still faces strong bearish pressure at press time. The broader cryptocurrency market observed a bullish market sentiment over the last 24 hours as most major cryptocurrencies recorded positive price movements. Major players include BNB and ETH showing a 2.40 and a 1.98 percent incline, respectively.