$LINK
Chainlink (LINK) shows resilience, trading within a clear range between £10.00 and £13.00. The chart indicates that LINK previously experienced deviations below the low point of the range and the mid-range level, briefly dropping to a key area but quickly returning to these levels, a movement typically associated with false breakouts in range-bound markets. As LINK returns to the £13.00 range high, traders expect further gains if this level is reached.
The introduction of CCIP enhances cross-chain security, particularly improving the security of NFTs, and Chainlink's trading price is expected to see significant growth in the future, projected to reach a range of £13.71 to £16.27 in 2024.