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Chainlink (LINK) Breaks Key Resistance as ICE Partnership Brings Institutional Forex & Metals Data On-Chain
Chainlink (LINK) Breaks Key Resistance as ICE Partnership Brings Institutional Forex & Metals Data On-Chain
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Chainlink LINK News -
Chainlink (LINK) is trading at $21.47 after a 35% weekly surge, facing a critical resistance level at $22.05. A decisive close above this threshold could signal further upside potential.
The project announced a strategic partnership with ICE Markets to deliver institutional-grade forex and precious metals data on-chain. chainlink will leverage ICE's Consolidated Feed to derive FX and metals rates, distributed via Chainlink Data Streams—a significant step toward mainstream adoption of blockchain-based finance.
Market sentiment appears divided as open interest climbs to $1.21 billion while some investors take profits. The ICE collaboration underscores Chainlink's growing role as a bridge between traditional finance and decentralized systems.
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