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Traders pay attention to Chainlink's next bullish signal

Source: CoinWorld
Chainlink's LINK token presents bullish technical signals, showing a pennant pattern and a MACD golden cross, indicating potential upward momentum. As a leading oracle provider, Chainlink's collaboration with JPMorgan Chase, Mastercard and major DeFi platforms, coupled with its cross-chain interoperability protocol, has consolidated its infrastructure position in the blockchain finance field. Adoption of institutions such as UBS, ANZ and Fidelity further underpins LINK’s long-term demand, although market volatility and macroeconomic factors still need caution.
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