A slow down? After five days of going up, Chainlink is flat today, hovering around $6.73.

A mostly flat day so far for Chainlink, ranging between $6.73 and $6.76; currently at $6.73.

United States Initial Jobless Claims is next.

Chainlink's state is reflected by market data as data for United States Crude Oil Inventories published yesterday at 14:30 UTC came out at 5 million, beating projections of -920,000 and showing improvement over the preceding figure of 2.95 million. United States Building Permits (Apr) released yesterday at 12:30 UTC with a figure of 1.42 million, while the previous figure was 1.44 million. United States 20-Year Bond Auction released yesterday at 17:00 UTC with a figure of 3.954, while the previous figure was 3.92.

Chainlink USD's upper Bollinger Band® is at $7.23, suggesting that a downward move may follow. Despite this, Chainlink is approaching key support, around 10 cents away from $6.63. Dipping below could indicate further losses are ahead while a failure to break below this level is likely to be seen positively by market bulls.

Despite the market lacking direction, technical chart analysis strongly suggests Chainlink is positioned for a downward move in the near term.

While Chainlink is pretty flat so far today, mixed performances are seen elsewhere as FTX Token soars 9.54% to trade around $1.36. After ending today's session at $6.63, UNICORN Token USD lost $0.197 and is trading around $6.43.

Furthermore, the market is looking at United States Philadelphia Fed Manufacturing Index (May) will be released today at 12:30 UTC. United States Initial Jobless Claims is projected to outperform its last figure with 254,000. It previously stood at 264,000; data will be released today at 12:30 UTC. United States Existing Home Sales (Apr) scheduled to come out today at 14:00 UTC.

Pointing downwards for around 28 days. Chainlink has shed 11.33% over the past three months.