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CHAINLINK

Chainlink Labs and Protocol Labs Forge a Dynamic Partnership

Azeez Mustapha
Updated 1 min read
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Chainlink Labs and Protocol Labs Forge a Dynamic Partnership

Chainlink Labs and Protocol Labs Forge a Dynamic Partnership On January 29, a collaboration was unveiled between Chainlink Labs and Protocol Labs, aiming to elevate the Chainlink BUILD initiative. This partnership seeks to empower dApp development by harmonizing incentives across diverse ecosystems. Participants in the Chainlink BUILD program will enjoy expanded access to developmental tools, services, and specialized support, encompassing decentralized storage and engineering assistance.
 


Protocol Labs, boasting a network exceeding 600 tech startups, funders, and service providers, assumes a crucial role in enhancing the Chainlink BUILD program. This strategic alliance, emphasizing technical aid, workshops, mentorship, and innovative storage solutions, aligns intending to fortify startups in sectors such as DeFi, global trade, and gaming, while attracting attention from investors anticipating potential LINK token value appreciation.

Key LINKUSD Levels To Watch – January 30

TradingView ChartBefore the resumption of the uptrend on January 8, 2023, LINKUSD was in a correction phase. The correction phase ended with a tap into the sell-side liquidity below the $12.860 low.
 
The ongoing rally was propelled by a bullish order block in the discount zone. A BOS (Break Of Structure) is anticipated at $16.540 as the price rallies into the premium zone.

Support Levels: $12.540, $10.520, $7.110
Resistance Levels: $17.680, $19.580, $21.030

Total Market Capitalization: $1.57T
Chainlink Market Capitalization: $8.9B
Chainlink Volume: $700M
Market Rank: #13

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