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With the integration of Polygon, Chainlink (LINK) expects a rise, marking a significant achievement for DeFi on the EVM-compatible network. Chainlink Data Feeds, which are now operational on Polygon’s zkEVM, offer real-time solutions that enable a variety of DeFi applications. zkEVM and Supernets app chains from Polygon and Chainlink work together to enable developers to build cutting-edge DeFi platforms, decentralized exchanges, and creative initiatives.
CRYPTO BREAKING NEWS
— InnovatekMobile (@Neome_com) December 2, 2023
Chainlink Price Prediction 2023-2032: A Strong Buy Sentiment for LINK?. Chainlink Price Predictions 2023-2032 No one could say if — and when — the crypto winter is ending. We can regard some successful strategies as “g… check us out @… pic.twitter.com/P1KQnYQdAN
The creator of Polygon, Sandeep Nailwal, emphasizes the game-changing possibilities of Chainlink’s Cross-Chain Interoperability Protocol (CCIP), establishing LINK as a pioneer in the developing tokenization industry. This is a trend that is consistent with the resurgence of the DeFi sector, which has over $50 billion in total value locked across many chains and protocols.
Key Chainlink Levels to Watch – December 25
The breakout of the upsurge in October 2023 led to the ongoing surge to the upside. On October 21, 2023, LINKUSD broke through the previous resistance at $7.910, thereby leading to the MA Cross buy signal.
The trading range of the market lies between $13.000 support and $17.000 resistance. The market has retested a minor resistance, causing a retracement into the discount zone. The price is likely to resume its bullish trend from the discount zone.
Chainlink Key Levels
Resistance Levels: $17.000 $18.320, $19.560
Support Levels: $13.000 $9.650, $7.910
LINK Metrics
Total Market Capitalization: $1.62T
Chainlink Market Capitalization: $8.72B
Chainlink Volume: $464M
Market Rank: #13
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