Chainlink Price Prediction: Is LINK’s $200 Target Justified After DTCC Goes Live and 50 Banks Join Project Pangea?
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On August 13 LINK traded at $8.753 (up 1.02%) after breaking above a descending trendline with MACD turning bullish and whale wallets holding 46.57% of supply. Chainlink powered a live DTCC trade with JPMorgan and CME Group as Project Pangea on-boarded 50+ banks representing about $10 trillion in AUM, signaling major institutional crypto adoption and tokenized RWA use cases. Standard Chartered backs a $200 LINK target with a fee model projecting 25x fee growth by 2030 and the article cites a near-term price range of $9.541 bullish and $7.897 bearish, underscoring potential price upside.
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- LINK trades at $8.753 on August 13, up 1.02%, with MACD turning bullish and whale wallets controlling 46.57% of supply
- Chainlink powered a live DTCC trade with JPMorgan and CME Group as Project Pangea brought 50+ banks worth $10T in AUM on-chain
- Standard Chartered’s $200 LINK target is backed by a fee model projecting 25x fee growth by 2030 as tokenized RWA data demand scales
The Chainlink price prediction points to $9.541 on the bullish side and $7.897 on the bearish side, with LINK trading at $8.753 today after breaking above the descending trendline that’s capped every recovery attempt since May.
LINK Price Analysis: Trendline Break With MACD Turning Bullish
The daily chart shows LINK breaking above the descending trendline that has rejected every recovery attempt since May, with today’s session opening at $8.66…
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