Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting various price patterns and chart formations. However, it appears that is not Opeyemi’s favorite part – in fact, far from it.

Being able to connect what happens on a price chart to on-chain movements and blockchain activities is what keeps Opeyemi ticking. “This emphasizes the intricacies of blockchain technology and the cryptocurrency market,” he would say. Most importantly, Opeyemi thinks of any market insights as the gospel, while recognizing that he is only a messenger.

When he is not clicking away at his keyboard, Opeyemi is most definitely listening to music, playing games, reading a book, or scrolling through X. He likes to think he is not loyal to a particular genre of music, which can be true on many days. However, the fast-rising Afrobeats genre is a staple in Opeyemi’s Spotify Daily Mix.

Meanwhile, Opeyemi is a voracious reader who enjoys a wide category of books – ranging from science fiction, fantasy, and historical, to even romance. He believes that authors like George R. R. Martin and J. K.
Rowling are the greatest of all time when it comes to putting pen to paper. Opeyemi believes his reading of the Harry Potter series twice is proof of that.

Indeed, Opeyemi enjoys spending most of his time within the four walls of his home. However, he also sometimes finds solace in the company of his friends at a bar, a restaurant, or even on a stroll. In essence, Opeyemi’s ambivert (haha! been searching for an opportunity to use the word to describe myself) nature makes him a social chameleon who is able to quickly adapt to different settings.

Opeyemi recognizes the need to constantly develop oneself in order to stay afloat in a competitive and ever-evolving market like crypto. For this reason, he is always in learning mode, ready to pick up the slightest lesson from every situation. Opeyemi is efficient and likes to deliver all that is required of him in time – he believes that “whatever is worth doing at all is worth doing well.” Hence, you will always find him striving to be better.

Ultimately, Opeyemi is a good writer and an even better person who is trying to shed light on an exciting world phenomenon – cryptocurrency. He goes to bed every day with a smile of satisfaction on his face, knowing that he has done his bit of the holy assignment – spreading the crypto gospel to the rest of the world.

Chainlink price is gaining traction and is slowly headed toward a potential breakout level. Besides the overall crypto market recovery, Chainlink has been working hard to secure integrations. The latest is one with 21.co which will go a long way to help the company ensure its assets. For Chainlink, each integration is paid for with LINK, creating demand for the token. But can the price reach $15 amid this rapid adoption?

What Next for Chainlink Price after 21.co Integration

On September 23, 21.co, the company behind 21Shares, integrated Chainlink’s Proof of Reserves (PoR) for its Wrapped Bitcoin (21BTC) on the Solana and Ethereum blockchains. For context, 21Shares has $2 billion asset under management (AuM), which means it is not a small company. The integration aims to provide a real-time verification of Bitcoin reserves backing 21BTC.

.@21co__ has integrated Chainlink Proof of Reserve (PoR) on @ethereum & @solana to enhance reserves transparency for 21BTC, its wrapped Bitcoin.

How PoR provides the Ethereum & Solana ecosystems with assurances that 21BTC is fully backed 1:1 by BTC👇https://t.co/kUqFTlofcJ pic.twitter.com/SD6UdG4ABV

— Chainlink (@chainlink) September 23, 2024

The Chainlink PoR brings reserve data on-chain, enabling protocols to build automated logic around the data backing the asset. This improves security by preventing malicious infinite mint attacks.

Link price has increased by 0.7% in the last 24 hours and is trading at $11.51. 

LINK Price Analysis: Volume Confirms 22% Breakout Imminent

Chainlink price has recently broken above a trend line but shows signs of instability, with fluctuations around this line. The relevance of the trend line is being questioned due to these movements.

The inverse double-bottom formation on the chart is bullish, with a clearly defined neckline at around $12.35

Key Support and Resistance Levels

• $11: immediate support lies around $11 (neckline of the inverse head-and-shoulders pattern).
• $10: The next strong lower support zone is around.
• $15: Major resistance is at $15, where the price might face heavy selling pressure, aligning with the top of the projected breakout target.

If the Chainlink price breaks above $12.35, it could surge to $15, indicating a strong bullish trend that could potentially reach $19.50. However, it requires a sustained movement above $12.35.

Volume has been increasing slightly as the price approaches the neckline, which is an early indication that a breakout could be imminent if the buying pressure continues to rise.

Chainlink price prediction shows that if the asset movement fails to break above $12.35, it could lead to further declines to $9 and even $8. Additionally, Chainlink continues to top the chart among projects with the highest development activity. The integration of of 21.co is just another addition to the over 1,000 integration the Oracle service provider has offered on its platform. The LINK price could surge not just to $15, but 10–15X, and it would still remain undervalued, given the immense capability of the technology.

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Evans Karanja

Evans Karanja is a crypto analyst and journalist with a deep focus on blockchain technology, cryptocurrency, and the video gaming industry. His extensive experience includes collaborating with various startups to deliver insightful and high-quality analyses that resonate with their target audiences. As an avid crypto trader and investor, Evans is passionate about the transformative potential of blockchain across diverse sectors. Outside of his professional pursuits, he enjoys playing video games and exploring scenic waterfalls.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.