BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Chainlink (LINK) Surges Past $19 as Institutional Adoption Drives Momentum
Chainlink (LINK) Surges Past $19 as Institutional Adoption Drives Momentum
11
3
Chainlink LINK News -
Chainlink's LINK token broke through the key $19 resistance level on July 21st, rallying 19% in a potential trend reversal. As of July 24th, the cryptocurrency holds at $18.52 with a 1.53% daily gain, while analysts project upside targets of $22-$28.
The bullish momentum initiated on July 18th with a 7.3% single-day surge. This breakout aligns with Westpac Institutional Bank and Imperium Markets adopting chainlink for Project Acacia - a significant institutional validation.
Technical indicators show strong bullish continuation as LINK clears long-term Gann arc resistance. The convergence of technical strength and growing institutional demand creates a compelling case for sustained upward price action.
By:
Previous
G Coin Surpasses 1M Daily On-Chain Transactions Amid Presale Momentum
Next
VeChain Forges Strategic Alliances with Franklin Templeton, BitGo, and Keyrock to Accelerate Web3 Integration
