Chainlink's price corrects slightly, but its CCIP standard is becoming the swift of blockchain.
What's Happening:
$LINK trades at $12.74, down nearly 1%.
CCIP integration announcements continue with banks and institutions.
Staking v0.2 lock-ups provide some supply reduction.
Correlation with ETH is dragging it down today.
Why It Matters: LINK is the "plumbing" of DeFi and now TradFi on-chain. As long as tokenization grows, LINK has a use case.
Technical View: $12.50 is pivotal support. If it holds, we range. If it breaks, $10 is in play. Upside requires a break of $14.
🎯 Key Levels:
Support: $12.50 | Resistance: $14.00
24h Range: $12.60 - $13.00
💡 Oracle networks feed the truth to the blockchain.
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#Chainlink #LINK #CCIP #DeFi #Oracle
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
