Crypto
Chainlink Price Surges on Swift Partnership News
Chainlink's price has been climbing steadily since early September, and its momentum is firm. The LINK token reached $15.777 on the TradingView chart before pulling back to close below $15.000.
The news that Chainlink is working with Swift to let financial institutions connect to Swift's blockchain ledger through the Chainlink platform may have contributed to the price increase, but it's still in progress.
According to the technical analysis on TradingView, there are two possible routes for the Chainlink price forecast. One scenario has LINK holding the trendline and revisiting $15.000 before heading higher, while another has it dipping all the way to $11.896 first and then rebounding.