LINK Surges with CCIP Protocol Forging a New Path
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LINK Surges with CCIP Protocol Forging a New Path

Estimated Reading Time: 3 minutes

Azeez Mustapha

Updated:

The LINK token has seen a substantial increase in holdings from whales, who are significant holders of the cryptocurrency. Their rapid accumulation of over $6 million worth of LINK has resulted in increased demand for the token and subsequently led to a price surge.

Chainlink’s oracle network has been pivotal in providing secure and reliable data to various blockchain-based services and products. The CCIP’s (Cross-Chain Interoperability Protocol) ability to improve interoperability across diverse blockchains has been a game-changer, benefiting not just LINK but other oracle protocols as well.


LINK’s impressive performance is supported by robust technical indicators, including efforts to overcome long-term resistance levels, a surge in trading volumes, and increased whale activity. These factors suggest the potential for a near-future breakout.

As Chainlink continues to evolve and expand, its influence on the cryptocurrency landscape grows, offering a glimpse into the future of blockchain interoperability and cross-chain applications with exciting opportunities ahead.

LINK Surges with CCIP Protocol Forging a New PathKey Chainlink Levels to Watch Out for – July 21

Chainlink has recently witnessed a bullish breakout from a bullish wedge pattern, indicating a potential uptrend. The Moving Averages with periods nine and twenty-one provide support, further reinforcing the ascent towards the high formed in April at 8.80.

Key Levels for LINK

  • Demand Levels: 7.500, 6.500, 5.500
  • Supply Levels: 8.800, 9.400, 10.609

Total Market Capitalization: $1.2T
Chainlink Market Capitalization: $4.3B
Chainlink Volume: $1.3B
Chainlink Rank: 20

You can purchase Lucky Block here.  Buy LBLOCK

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

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