Chainlink’s (LINK) Alliance with Swift Leaves Room Open for $16
LINK could reach $16 in the short term if the adoption of the CCIP continues and buying pressure resumes before the price drops below $13....
- Swift collaborated with Chainlink and 12+ financial institutions to transfer tokenized value efficiently using CCIP.
- The price of Chainlink's native token, LINK, has experienced a 147.02% increase in the last seven days but lost 4.26% in the last 24 hours.
- The Aroon Up indicator suggests a potential recovery for LINK.
- Traders can consider entry points around $13.83 or $14, with the possibility of LINK surpassing $16.50.
The article provides a positive outlook on the collaboration between Swift, Chainlink, and financial institutions, highlighting the efficient transfer of tokenized value. However, it also mentions a recent drop in LINK's price but suggests the possibility of a recovery.