near $8.93 to $11.60. CCIP becomes an exclusive bridge for Coinbase Wrapped Assets, potentially routing $5B+ in cbBTC liquidity through Chainlink infrastructure. Chainlink’s price is currently around $8.810, down 1.5% after it tested the lower Bollinger Band support at $8.764. This situation puts buyers in a crucial position as the network is set to announce a significant integration that will bri
Chainlink Price Prediction: CCIP Expansion Drives Breakout Setup Near $8.80
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Chainlink defends $8.76 Bollinger Band support after enabling cbBTC transfers to Monad via CCIP integration. Price consolidates in a symmetrical triangle between $8.54 and $8.73 as daily EMAs converge near $8.93 to $11.60. CCIP becomes an exclusive bridge for Coinbase Wrapped Assets, potentially routing $5B+ in cbBTC liquidity through Chainlink infrastructure. Chainlink’s price is currently around $8.810, down 1.5% after it tested the lower Bollinger Band support at $8.764. This situation puts buyers in a crucial position as the network is set to announce a significant integration that will bring billions in Bitcoin-backed liquidity to the Monad blockchain. Daily Chart Shows Extended Downtrend Below All EMAs Chainlink Daily Price Action (Source: TradingView) The daily chart shows Chainlink trapped below all four major moving averages since October 2024. The 2… Read The Full Article Chainlink Price Prediction: CCIP Expansion Drives Breakout Setup Near $8.80 On Coin Edition .