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Crypto

Bitcoin ETF Inflows Boost Chainlink to $11.26

Guavy AI Editorial Team
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BTC LINK
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Chainlink's price has reached $11.26 after a surge in Bitcoin ETF inflows lifted the broader market, echoing last year's institutional capital rotation into oracle networks.

This trend is reflected in Chainlink's price holding above its EMA50 at $10.97 and EMA200 at $9.53, but the MACD death cross at 0.09 signals fading momentum within the Bollinger Bands.

With upper resistance at $11.77 and lower support at $11.24 framing the next swing, traders are weighing Chainlink's institutional adoption data against its neutral RSI of 46.43 for the next directional move.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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