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Chainlink (LINK) Jumps 7.3% to $18.54 on JPMorgan CCIP Adoption, Eyes $22-$28 Resistance Zone
Chainlink (LINK) Jumps 7.3% to $18.54 on JPMorgan CCIP Adoption, Eyes $22-$28 Resistance Zone
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Chainlink LINK News -
Chainlink's LINK token surged 7.3% to $18.54 after JPMorgan integrated its Cross-Chain Interoperability Protocol (CCIP), signaling a major milestone for institutional blockchain adoption. Technical indicators show overbought conditions, with the Relative Strength Index at 79.47, indicating continued bullish momentum.
Analysts now target the $22-$28 range as the next resistance level, with LINK breaking through its historical downtrend line. JPMorgan's adoption underscores Chainlink's critical role in enabling secure cross-chain transactions—a foundational LAYER for traditional finance's blockchain integration.
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