Chainlink Gains Bullish Momentum with Key Innovations
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Chainlink Gains Bullish Momentum with Key Innovations

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Azeez Mustapha

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Chainlink is transforming banking and capital markets through blockchain solutions. It has powered over $17 trillion in on-chain value, enabling secure and decentralized transactions. The partnership with Swift focuses on tokenizing financial assets. This connects over 11,000 banks to blockchain networks using Chainlink’s Cross-Chain Interoperability Protocol (CCIP). Australia and New Zealand Bank (ANZ) used Chainlink for cross-currency transactions.


They issued stablecoins linked to Australian and New Zealand dollars. In Brazil’s Drex CBDC project, Chainlink is advancing trade finance. It tokenized electronic shipping documents to speed up global payments. The Monetary Authority of Singapore (MAS) also worked with Chainlink. They automated fund management using smart contracts. Chainlink’s Blockchain Privacy Manager ensures transactions stay secure and compliant. Its growing list of collaborations strengthens its position in financial markets. These developments highlight Chainlink’s potential, driving a positive outlook for its future.

Key Chainlink Levels To Watch – December 2

COINBASE:LINKUSD Chart Image by amiraoluwaseyifunmiLINKUSD shows signs of a potential retracement after facing resistance near $19.070. The price might pull back toward the $16.260 support zone or the order block around $14.000 for consolidation.

The RSI at 68.17 indicates overbought conditions, supporting a short-term correction. A bounce from support could resume the bullish trend, targeting $21.000 or higher.

Resistance Levels: $19.070, $21.000, $25.000 
Support Levels: $16.260, $12.700, $10.340

Total Market Capitalization: $3.42T 
LINK Market Capitalization: $11.70B
Chainlink Volume: $703.26M
Market Rank: #16

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