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Chainlink ACE Goes Live as LINK Approaches Key $14-$16 Breakout Zone

Chainlink ACE Goes Live as LINK Approaches Key $14-$16 Breakout Zone WikiBit 2025-07-01 02:01

Key NotesACE integrates identity verification and policy enforcement into smart contracts across public and private blockchains for institutions.The

While Chainlink drives infrastructure growth, its token

is approaching a key technical inflection. The price is currently trading at $13.43 as of 30th June, 2025, coiling within a falling wedge formation capped by resistance near $14.00. A confirmed breakout on volume could push LINK toward $16.40, followed by $17.93—levels last seen in Q1.

The RSI is climbing toward 50, and the MACD histogram has turned slightly positive. LINK is currently grappling with compressed EMAs between $13.33 and $15.28. A daily close above $14.50, aligned with the 100-day EMA, would signal a potential trend reversal.

If bulls fail to hold this momentum, downside risk could revisit the $12.00 demand zone. But low volatility and tight Bollinger Bands suggest a breakout setup is forming.

Solaxy Crypto Presale Tops $58 Million as SOL-Based L2 Gains Traction

Solaxy, the worlds first Layer 2 on Solana, has crossed $58 million in presale contributions. Built for scalability, speed, and cross-chain compatibility, Solaxy promises to unlock new use cases on the Solana ecosystem.

Positioned as a memecoin and a tech-forward Layer 2, Solaxy offers 68% staking rewards and allows users to claim and stake their $SOLX tokens via the platforms live dashboard. The project highlights include multichain support and a future-proof Layer 2 network designed for infinite scale.

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Parshwa Turakkhiya is a skilled financial writer with a strong background in covering crypto, forex, stock markets, and global finance. With a focus on translating complex financial topics into clear, actionable insights, he creates content tailored to both professional and retail investors.

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