According to Foresight News, Chainlink has been integrated by Westpac Institutional Bank and Imperium Markets in the Acacia project. This initiative, launched in collaboration with the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre (DFCRC), aims to facilitate secure tokenized asset settlements across blockchain and PayTo systems.
LINK is showing signs of strength with recent breakout patterns holding above key support at $14.80. If the trend continues, we could see a push toward $15.40–$16.00 📈
🔍 Key Levels to Watch:
🔹 Resistance: $15.40 – $16.00
🔹 Support: $14.80
🔹 Risk zone: Below $14.20
🔁 Market volume and sentiment are leaning bullish, but a break below support may signal short-term correction.
📈 Chainlink (LINK) Technical Snapshot – July 11, 2025
LINK surged today with a strong bullish candle, climbing from $14.25 to $15.53, signaling solid market confidence. 📊
✅ Bullish Engulfing Pattern Confirmed ✅ Buyers in full control throughout the day ✅ Volume spiked above $636M ⚠️ RSI and CCI show overbought zones – short-term pullback possible 📍 Support: $14.25 | 🎯 Target: $15.80–16.00
🧠 Smart entry could come on a dip near $14.50 if bulls hold ground.
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