Chainlink Price Prediction: LINK Breaks Ascending Channel as Aave’s SVR Integration Captures $2M in MEV Revenue in One Week

• Aave’s Chainlink SVR integration captured $2M in liquidation MEV in one week with Aave now keeping 60% of value previously lost to bots
• LINK broke the February ascending channel with all four EMAs overhead and $7.80 as the last visible floor
• Aave processed $100M+ in June liquidations with zero bad debt validating Chainlink’s oracle infrastructure under real stress

Chainlink trades at $7.877 on June 8, pressing into the lower boundary of the ascending channel as Aave’s SVR integration posts its first major stress test results and four daily EMAs sit stacked overhead with no recovery catalyst confirmed yet.

LINK Daily Chart: Channel Break With FVG at $9.09 as the First Target to Reclaim

The ascending channel running from the February low near $7.00 through the May high near $10.50 broke to the dow…

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