Ondo Incorporates Chainlink for Tokenized Securities Support
Partnership Announcement: Ondo Finance has partnered with Chainlink to utilize its oracle services for real-time pricing and interoperability on its tokenized stocks platform, Ondo Global Markets.
Integration of Features: The collaboration will enable the use of Chainlink’s verified data feeds for accurate pricing, capture corporate actions, and incorporate Chainlink’s Automated Compliance Engine for regulatory adherence.
Market Expansion: Ondo is expanding its presence in the real-world asset sector, now operating across 10 blockchains and partnering with over 100 DeFi applications, having surpassed $300 million in tokenized equity assets shortly after launch.
Alignment of Markets: The partnership highlights a growing alignment between traditional and onchain markets, emphasizing the importance of transparency and standardization in the regulated digital asset space.
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Technical Analysis for LINK
Technical Sentiment Analysis for Chainlink (LINK) As of , Chainlink (LINK) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for LINK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, LINK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Chainlink (LINK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 3.241 | 5.195 | 7.261 | 9.215 | 11.281 | 13.235 | 15.301 |
| Fibonacci | 5.195 | 6.731 | 7.68 | 9.215 | 10.751 | 11.7 | 13.235 |
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