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</div></div></div><p>Chainlink (LINK) is currently priced at $11.6, experiencing a rise of 2.42% in the past 24 hours. Following a strong rebound over the last month, LINK is cementing its role in the gaming, DeFi, and banking industries thanks to strategic collaborations. This upward trend is evident in its price movements, as major investors are showing renewed enthusiasm for the token.</p>
<h2><strong>LINK Key Statistics</strong></h2>
<ul>
<li><strong>Current Price</strong>: $11.6</li>
<li><strong>Market Cap</strong>: $7.31 billion</li>
<li><strong>Trading Volume (24h)</strong>: $136.80 million</li>
<li><strong>Circulating Supply</strong>: 626.85 million LINK</li>
<li><strong>Total Supply</strong>: 1 billion LINK</li>
<li><strong>CoinMarketCap Ranking</strong>: #14</li>
</ul>
<p>In the last 30 days, LINK has decreased by 9.87% from its peak price and has risen by 0.17% from its weekly high. Compared to its lowest price during the same timeframe, LINK has surged by 13.68% over the past month and 10.07% in the last week.</p>
<h2><strong>LINK/USD Market Analysis </strong></h2>
<p><strong>Key Levels</strong></p>
<p><em><strong>Resistance</strong>: $12, $13, $14.</em></p>
<p><em><strong>Support</strong>: $10, $9, $8.</em></p>
<figure id="attachment_589241" aria-describedby="caption-attachment-589241" style="width: 980px" class="wp-caption alignnone"><picture decoding="async" class="wp-image-589241 size-full">
<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/LINKUSD_2024-10-20_14-28-01.png.webp 980w, https://insidebitcoins.com/wp-content/uploads/2024/10/LINKUSD_2024-10-20_14-28-01-300x166.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/LINKUSD_2024-10-20_14-28-01-768x424.png.webp 768w" sizes="(max-width: 980px) 100vw, 980px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/LINKUSD_2024-10-20_14-28-01.png" alt="Chainlink (LINK) Price Prediction for Today, October 20—LINK Technical Analysis" width="980" height="541" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/LINKUSD_2024-10-20_14-28-01.png 980w, https://insidebitcoins.com/wp-content/uploads/2024/10/LINKUSD_2024-10-20_14-28-01-300x166.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/LINKUSD_2024-10-20_14-28-01-768x424.png 768w" sizes="(max-width: 980px) 100vw, 980px"/>
</picture>
<figcaption id="caption-attachment-589241" class="wp-caption-text">LINKUSD – Daily Chart</figcaption></figure>
<p><a href="https://coinmarketcap.com/currencies/chainlink/">Examining the daily LINKUSD chart, Chainlink’s price maintains a strong upward trend</a>. This upward movement is reinforced by the Parabolic SAR indicator, which consistently displays dots below the price, indicating strong bullish momentum. Such a signal typically suggests that the current trend is likely to continue rising soon.</p>
<p>Moreover, the MACD indicator has signaled a bullish crossover, with the MACD line surpassing the signal line. This development coincides with an increasing positive histogram, which further points to heightened buyer activity. The convergence of these technical indicators indicates a shift in market sentiment towards a positive outlook, enhancing the probability of continued gains for LINK.</p>
<p>The daily chart depicts a bullish trend as LINK is actively testing the $12.00 resistance level, setting the stage for a potential rally toward $13 and later $14 if buying momentum remains strong.</p>
<h2><strong>Can Chainlink’s Expansion Fuel a Major Price Surge?</strong></h2>
<p>Chainlink is making notable advancements across various industries. The project is amplifying its presence through substantial partnerships in gaming, DeFi, and banking. In the gaming sector, Sony’s Soneium is leveraging Chainlink’s Cross Chain Interoperability Protocol (CCIP) and Data Feeds to drive blockchain adoption.</p>
<p>Within DeFi, Aave employs Chainlink Oracles to provide secure price feeds and support cross-chain lending initiatives, while in the banking domain, ANZ is utilizing Chainlink to improve cross-border payments and tokenize assets. Additionally, CitiBank collaborates with Chainlink to incorporate DeFi into traditional banking systems.</p>
<p><strong>Chainlink Whales Are Making Big Purchases</strong></p>
<noscript></noscript>
<p>These partnerships are propelling Chainlink’s growth and facilitating the mainstream adoption of blockchain technologies. Consequently, LINK’s pricing has remained resilient, drawing renewed attraction from institutional investors and positioning the token for potential long-term advancement.</p>
<h2><strong>LINK/BTC Performance Insight</strong></h2>
<p>In the LINK/BTC trading pair, Chainlink is valued at 0.0001713 BTC, facing resistance at 0.0001850 BTC and substantial support at 0.0001622 BTC. The Parabolic SAR dots are shifting despite being positioned above the price action. Furthermore, the MACD is nearing a crossover, indicating the likelihood of an upward breakout.</p>
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<source type="image/webp" data-lazy-srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/LINKBTC_2024-10-20_14-28-36.png.webp 980w, https://insidebitcoins.com/wp-content/uploads/2024/10/LINKBTC_2024-10-20_14-28-36-300x166.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/LINKBTC_2024-10-20_14-28-36-768x424.png.webp 768w" sizes="(max-width: 980px) 100vw, 980px"/>
<img decoding="async" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20980%20541'%3E%3C/svg%3E" alt="Chainlink (LINK) Price Prediction for Today, October 20—LINK Technical Analysis" width="980" height="541" data-lazy-srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/LINKBTC_2024-10-20_14-28-36.png 980w, https://insidebitcoins.com/wp-content/uploads/2024/10/LINKBTC_2024-10-20_14-28-36-300x166.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/LINKBTC_2024-10-20_14-28-36-768x424.png 768w" data-lazy-sizes="(max-width: 980px) 100vw, 980px" data-lazy-src="https://insidebitcoins.com/wp-content/uploads/2024/10/LINKBTC_2024-10-20_14-28-36.png"/>
</picture>
<noscript><picture decoding="async" class="wp-image-589243 size-full">
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<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/LINKBTC_2024-10-20_14-28-36.png" alt="Chainlink (LINK) Price Prediction for Today, October 20—LINK Technical Analysis" width="980" height="541" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/LINKBTC_2024-10-20_14-28-36.png 980w, https://insidebitcoins.com/wp-content/uploads/2024/10/LINKBTC_2024-10-20_14-28-36-300x166.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/LINKBTC_2024-10-20_14-28-36-768x424.png 768w" sizes="(max-width: 980px) 100vw, 980px"/>
</picture>
</noscript><figcaption id="caption-attachment-589243" class="wp-caption-text">LINKBTC – Daily Chart</figcaption></figure>
<p>The LINK/BTC chart portrays a positive outlook for Chainlink, suggesting the possibility of a bullish reversal driven by the strong fundamentals and ongoing developments associated with Chainlink. Should LINK succeed in breaking through the 0.0001850 BTC resistance level, the next target might be 0.0002000 BTC.</p>
<p>In a recent update on X (Twitter), DeFi Dynamos highlighted rumors regarding Google potentially acquiring Chainlink. Followers were invited to watch a linked video and delve into Chainlink’s partnership details, implying that such a deal could have favorable implications for Chainlink’s market standing and growth trajectory. The post raised an interesting question about whether Google might acquire Chainlink or if Chainlink could be an acquirer of Google.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="7.434250764526">
<p lang="en" dir="ltr">There have been rumors that <a href="https://twitter.com/hashtag/Google?src=hash&ref_src=twsrc%5Etfw">#Google</a> wants to acquire <a href="https://twitter.com/hashtag/Chainlink?src=hash&ref_src=twsrc%5Etfw">#Chainlink</a>. Looking at the video below and Chainlink’s partner information, do you think Google will buy Chainlink or Chainlink will buy Google? 😁<a href="https://twitter.com/hashtag/Chainlink?src=hash&ref_src=twsrc%5Etfw">#Chainlink</a> <a href="https://twitter.com/hashtag/Google?src=hash&ref_src=twsrc%5Etfw">#Google</a> <a href="https://twitter.com/hashtag/Blockchain?src=hash&ref_src=twsrc%5Etfw">#Blockchain</a> <a href="https://twitter.com/hashtag/Acquisition?src=hash&ref_src=twsrc%5Etfw">#Acquisition</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://t.co/fbObSShVjq">pic.twitter.com/fbObSShVjq</a></p>
<p>— DeFi Dynamos (@DeFiDyn) <a href="https://twitter.com/DeFiDyn/status/1847892657751937536?ref_src=twsrc%5Etfw">October 20, 2024</a></p></blockquote>
<h2><strong>Alternatives to LINK</strong></h2>
<p>While Chainlink remains a frontrunner in the decentralized Oracle sector through significant partnerships spanning gaming, DeFi, and banking, emerging projects like Pepe Unchained are also gaining commendable traction. Pepe Unchained ($PEPU) is establishing itself as a strong contender in the meme coin market, equipped to transform the sector with its advanced Layer-2 technology.</p>
<p>The promising growth of Pepe Unchained is further bolstered by a successful presale that amassed $20.9 million, alongside a staking platform offering estimated annual percentage yields (APYs) of 130%. Its vibrant and growing community, with over 51,300 followers on X, highlights the project’s capability to engage a diverse audience.</p>
<p><strong>Pepe Unchained Set to Surge in the Upcoming Meme Rally</strong></p>
<noscript></noscript>
<p>With solid fundamentals and a scalable framework, <a href="https://youtu.be/TSWO4j2q970?si=9iKBT4nah1vWJMnU">$PEPU is primed to become a notable player in the cryptocurrency landscape</a>. Its innovative fusion of utility and entertainment delivers an enticing investment opportunity amid the rapidly changing crypto market. By blending the allure of meme culture with practical applications, Pepe Unchained meets the rising demand for effective and economical blockchain solutions.</p>
<p>As Pepe Unchained garners more momentum, its distinctive value proposition and committed community suggest a bright future. Aiming to revolutionize the meme coin sector, $PEPU is on track to make a significant impact in the cryptocurrency ecosystem.</p>
<p>Discover Pepe Unchained.</p>
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</div><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>Chainlink (LINK) Price Forecast for October 20: Technical Insights[embed]https://www.youtube.com/watch?v=pbs_9rBFnJ8[/embed][embed]https://www.youtube.com/watch?v=TSWO4j2q970[/embed]
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