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Chainlink Price Prediction: Is LINK’s $200 Target Justified After DTCC Goes Live and 50 Banks Join Project Pangea?

6h ago
bullish:

0

bearish:

0

  • LINK trades at $8.753 on August 13, up 1.02%, with MACD turning bullish and whale wallets controlling 46.57% of supply
  • Chainlink powered a live DTCC trade with JPMorgan and CME Group as Project Pangea brought 50+ banks worth $10T in AUM on-chain
  • Standard Chartered’s $200 LINK target is backed by a fee model projecting 25x fee growth by 2030 as tokenized RWA data demand scales

The Chainlink price prediction points to $9.541 on the bullish side and $7.897 on the bearish side, with LINK trading at $8.753 today after breaking above the descending trendline that’s capped every recovery attempt since May. 

LINK Price Action (Source: TradingView)

The daily chart shows LINK breaking above the descending trendline that has rejected every recovery attempt since May, with today’s session opening at $8.66…

Read The Full Article Chainlink Price Prediction: Is LINK’s $200 Target Justified After DTCC Goes Live and 50 Banks Join Project Pangea? On Coin Edition.

6h ago
bullish:

0

bearish:

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