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LINK price has risen sharply as the market picks up DeFi momentum, with the sector's Total Value Locked rising by $10 billion to $126 billion.

TL;DR 21X and Chainlink have formed a strategic alliance to launch a tokenized securities trading and settlement system in Europe, the first of its kind to be regulated by the European Union. The system will be based on Chainlink's infrastructure to improve data quality and facilitate interoperability between blockchains.

Chainlink price is breaking out! The price is heading towards the yearly highs at $22.89 with an aim to set up a bullish path towards the ATH. The price recorded one of the most bullish monthly closes, with a rise of over 80%, not seen since the 2021 bull run.

Story Highlights Chainlink price soars ~11% in 24 hours and is currently valued at $20.53. Technical indicator EMA 50/200-day record a Golden Cross in the daily time frame. Sustained bullish sentiment could push the price of this altcoin toward $26 this month.

Chainlink price, the biggest oracle in the crypto industry, has bounced back recently as it soared for three consecutive weeks. Crypto analysts, citing its strong fundamentals and technicals, believe that LINK could stage a strong rally, mirroring Ripple's XRP.

Chainlink's breakout from a multi-year symmetrical triangle pattern, combined with technical indicators and market conditions, has created a setup that could lead to higher price targets, with $50 as a potential long-term objective if market conditions remain favorable.

Chainlink (LINK) has recently captured the attention of the cryptocurrency community after breaking out of a multi-year pattern, signaling a potential bullish trend. After weeks of price hikes, the token has entered a consolidation phase, but the breakout from a significant pattern could be the start of a major rally.

The total crypto market cap surged by 2 percent in the past 24 hours to a new all-time high (ATH) of about $3.64 trillion on Monday, during the early Asian session.

As Chainlink broke above a key pattern, is a bullish flag in the making?

Grayscale's cryptocurrency holdings have significantly increased during November, as altcoins like Stellar and XRP registered triple-digit gains, reinforcing analyst predictions of an incoming altcoin season. Notably, its cryptocurrency holdings have increased by over 85% in market capitalization during the past month.

Active addresses dropped by over 40% from 7,420 to 4,210 in just one week.

Chainlink (LINK) Price Analysis The Chainlink price rebounded from the ascending support after remaining struck for over a while. With this, the bulls appear to have become active as the buying pressure has begun to mount. After a massive rise in the last week, the price remains consolidated within a range.

Prominent crypto asset manager Hashdex has taken a groundbreaking step with its latest ETF filing, placing Chainlink (LINK) in the spotlight.

Chainlink has changed the game of decentralized oracles. It connects smart contracts with real-world data and makes a blockchain a better place for all of us.

Chainlink rebounded in November and is on track to have its best monthly performance since May. This LINK rebound coincided with the broader crypto market rally, adding fuel to the uptrend.

Bitcoin (BTC) inched above $96,000 and reached an intraday high of $96,760 before declining to its current level of $96,300. Investors are eying the $100,000 level as the Thanksgiving holiday rolls in.

Chainlink bulls recently propelled the price towards a key resistance level - Can they continue the uptrend?

November has been a standout month, with multiple assets reaching new highs. Real World Assets (RWAs) are no exception.

Chainlink price recently experienced a remarkable surge, sparking discussions about its potential to reach $600 amidst growing market optimism. This upward movement aligns with broader cryptocurrency trends, reinforcing positive sentiment among investors.

Chainlink is considered one of the most undervalued tokens within the markets. While the platform offers multiple use cases, the LINK price remained largely unchanged. This indicates the bulls still remain distinct from the token and a rise to these levels could attract their attention.

Optimism's OP Mainnet integrates all Chainlink services, enhancing ecosystem growth with data, DeFi, and VRF capabilities. The post Optimism joins Chainlink Scale, all Chainlink services are now live on OP Mainnet appeared first on Crypto Briefing.

Chainlink grabbed headlines with a 10% rally last week, which pushed its monthly gains to 53%. This stellar performance by LINK has resulted in a bullish outlook for the Oracle token.

Bitcoin (BTC) has registered a sharp decline as its march to $100,000 faced a significant setback as the price slipped below $95,000. BTC is down almost 4% over the past 24 hours and trading at $94,351, with sellers in control.

Chainlink's LINK token has reached $18.4 after a 10% gain, approaching a key resistance level at $22 where 100,220 addresses hold 57.2 million tokens.