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Chainlink (LINK) continues to solidify its position as a leading decentralized oracle network by forging groundbreaking partnerships with prominent crypto giants. These collaborations are enabling Chainlink to expand its influence across various blockchain ecosystems, further enhancing the utility of its services, including data feeds, automation, and cross-chain interoperability. Recent partnerships highlight the increasing demand for Chainlink’s cutting-edge technology, which ensures secure, reliable, and tamper-proof data transfers.
Chainlink continues to build and close huge partnerships with other crypto giants. $XRP 🤝 $LINK 🤝 $APTOS pic.twitter.com/OGTOnHFA5m
— CryptosRus (@CryptosR_Us) January 13, 2025
Such integrations not only boost the efficiency of decentralized applications (dApps) but also open doors to new use cases in DeFi, NFTs, and enterprise solutions. As adoption grows, the fundamental value of LINK strengthens, positioning it as a critical infrastructure within the blockchain space. Analysts suggest these developments could translate to a bullish trajectory for LINK, as its expanding ecosystem underscores its role as a backbone of Web3 innovation. Investors remain optimistic about its long-term potential.
Key Chainlink Levels To Watch – January 13
The LINKUSD pair is currently trading around $18.420, near the 0.618 Fibonacci retracement level, which serves as strong support. The Stochastic Oscillator shows oversold conditions, indicating potential upward momentum.
Price is likely to target the $25.970 resistance level if it breaks above the $20.500 mark, aligning with the SMA-9 level. A bullish reversal is expected, especially if the order block (OB) at $16.260 holds firm.
Chainlink Key Levels
Resistance Levels: $25.970, $30.950, $34.020
Support Levels: $16.260, $12.700, $8.080
LINK Metrics
Total Market Capitalization: $3.23T
Chainlink Market Capitalization: $11.89B
Chainlink Volume: $520.90M
Market Rank: #16
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