Chainlink (link) Set for Strong Upside as DTCC Selects Its Tech Backbone
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Chainlink (link) Set for Strong Upside as DTCC Selects Its Tech Backbone

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Azeez Mustapha

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Chainlink (LINK) is drawing fresh bullish interest after the Depository Trust & Clearing Corporation confirmed it will base its next-generation settlement framework on Chainlink’s interoperability stack. The DTCC had already tried Chainlink’s cross-chain system in its Smart NAV initiative, where fund valuation data was distributed across several blockchains in a controlled industry setting. That pilot proved the network’s ability to deliver regulated financial information consistently and securely across multiple environments.
DTCC officials have stressed that cross-network connectivity is now a foundational requirement for upgrading traditional settlement rails, and Chainlink’s architecture meets the precision and dependability expected in heavily supervised markets. With Chainlink positioned as the connective layer for a major institutional rollout, LINK gains a powerful long-term catalyst. The endorsement signals deeper integration into real-world financial systems, supporting a structurally bullish outlook for the asset.

Key Chainlink Levels To Watch – December 11

Chainlink (link) Set for Strong Upside as DTCC Selects Its Tech Backbone
Price has rebounded strongly from the $13.00 demand zone, confirming buyer interest and invalidating the prior downtrend. A clean break above the descending trendline and a sustained hold over the $13.70–$14.00 area signal a shift toward bullish order flow.
The moving averages have crossed upward, reinforcing improving momentum as stochastic readings continue to climb. With structure now favouring buyers, price is positioned to advance toward the $17.90 resistance zone.

Key Chainlink Levels

Resistance Levels: $15.40, $18.00, $26.00
Support Levels: $10.10, $8.10, $6.00
LINK Metrics
Total Market Capitalization: $3.07T
Chainlink Market Capitalization: $9.48B
Chainlink Volume: $816.75M
Market Rank: #12

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