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Chainlink (LINK) Primed for $10 Surge Amid Low Exchange Deposits

Published 10/06/2023, 07:55 AM
Updated 10/06/2023, 07:45 PM
Chainlink (LINK) Primed for $10 Surge Amid Low Exchange Deposits
LINK/BTC
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  • Chainlink’s September surge sets the stage for October’s bullish momentum.
  • Low LINK exchange deposits signal optimism for a potential price rally.
  • LINK’s journey to $10 hinges on breaking through the $9 resistance.

Chainlink (LINK) has captured headlines recently, after soaring 38% in value in September. 2023. Significantly, this rise positioned it among the top-performing assets in the top 20 crypto rankings. Besides this impressive feat, there’s a prevailing sentiment. The momentum suggests that October could witness Chainlink bulls pushing even harder.

However, it was more than just a strong performance that garnered attention. Notably, Chainlink’s ability to integrate off-chain price feeds through blockchain infrastructure played a role. Consequently, the cryptocurrency benefited massively from the asset tokenization and Re…

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