Chainlink (LINK) Price Surges Following Abu Dhabi Partnership
- Chainlink’s price increased by over 8% in a week following a partnership with Abu Dhabi Global Market (ADGM).
- The current trading price for LINK is $15.31, with a 24-hour trading volume of $339.14 million.
- An analyst identified $12 as a crucial support level and $18 as a resistance level for LINK.
- If LINK surpasses the $18 resistance, it could potentially reach up to $44.
- Chainlink and ADGM signed an MoU to promote tokenization in UAE financial markets.
The recent collaboration between Chainlink and ADGM has led to an optimistic outlook for LINK, with its price seeing an upward trend and potential targets set at higher levels if resistance points are surpassed.
Source (2.6)https://coingape.com/can-chainlink-link-price-hit-44-amid-this-crucial-partnership/?rand=24432
