Link cooperates with 21.co, and the price is about to soar. Is $15 just the starting point?

The price of link is rising higher, and it is gradually approaching a potential breakthrough point. In addition to the warming environment of the entire cryptocurrency market, link has also been actively seeking cooperation and integration. The latest move is to work with 21.co, which will greatly enhance the security of its assets.

For link, every integration needs to be paid with LINK tokens, which undoubtedly stimulates the demand for tokens. But the question is, can the price of LINK rush to the $15 mark under this wave of rapid adoption?

Talk about the link price outlook after 21.co integration

On September 23, 21.co, the company behind 21Shares, which manages $2 billion in assets, integrated link's proof of reserve (PoR) technology into its Wrapped Bitcoin (21BTC) on the Solana and Ethereum blockchains.

Link's PoR technology can put the reserve data on the chain, so that the protocol can build automated logic based on these asset data and effectively prevent malicious infinite coinage attacks.

In the past 24 hours, the price of LINK has risen by 0.7%, and the current transaction price is $11.51.

LINK PRICE: TURNOVER INDICTS THAT A BREAKTHROUGH IS IMMINE

Although the link price has broken through the trend line, it is slightly hesitant and hovers near the trend line. This trend raises questions about the validity of the trend line.

Key price overview:

11: The immediate support level is near 11, which is an important defensive line. $10: The strong support area further down is right in front of you. $15: This is the main resistance level. If it touches it, it may encounter a lot of selling pressure, which coincides with the top of the breakthrough target.

ETF trading dynamics

As the price approaches the key support point, the trading volume has risen, which is a preliminary sign that the breakthrough may be coming.

Link price outlook

The price forecast of link shows that if it fails to break through $12.35, it may face the risk of further decline to $9 or even $8. However, link continues to lead in development activity, and the integration of 21.co is just another successful case of more than 1,000 integrations on its platform.