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Chainlink rises 5.9% amid bullish signals and DTCC plans integration by Q4 2026

Technical Signals
13 May 2026
Blockonomi
View Source
Bullish
pluang ai news

Chainlink (LINK) has gained 5.9% this week, trading at $10.30, supported by a bullish ascending triangle pattern and strong technical indicators like MACD crossover and expanding Bollinger Bands. Critical support at $10.08 must hold to sustain this upward momentum, potentially pushing the price toward $12.42. Additionally, the Depository Trust and Clearing Corporation (DTCC) announced plans to integrate Chainlink into its Collateral AppChain infrastructure by Q4 2026, aiming to enable near real-time collateral settlement for institutional participants. This integration highlights growing institutional adoption and the move toward tokenized finance solutions in the market.

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