Anubis

Aave

Resistance

Chainlink

<h2 id="span-style-font-weight-400-tldr-span">TLDR:</h2>
<ul>
 <li style="font-weight: 400">LINK price rose about 4% to $11.76 in the Nov. 1 market report. The token approached resistance between $11.77 and $11.91.</li>
 <li style="font-weight: 400">Chainlink 24/7 supplies continuous pricing for stocks, commodities and other RWAs. Aave uses the feeds for collateral on Horizon.</li>
 <li style="font-weight: 400">CustodySync launched with Anchorage Digital, while Further Asset Management adopted Chainlink ACE for its Anubis compliance platform.</li>
 <li style="font-weight: 400">Michaël van de Poppe outlined a potential move above $20 in Q1 2027. His setup depends on a weekly close holding above $10.60.</li>
</ul>
LINK price rose about 4% to $11.76 over 24 hours in a Nov. 1 market report. It outperformed a broadly flat market. The advance followed Chainlink’s launch of continuous pricing for real-world assets and separate announcements involving institutional lending and compliance.&nbsp;
Chainlink 24/7 provides reference prices beyond traditional market hours, with Aave adopting the service for tokenized collateral. Meanwhile, analyst Michaël van de Poppe outlined a possible move above $20 during the first quarter of 2027. His forecast rests on a weekly recovery above $10.60. The immediate<a href="https://blockonomi.com/chainlink-expands-rwa-tools-as-link-price-tests-key-support-zone/" rel="noopener noreferrer nofollow"> LINK price setup</a> faces resistance near $11.91 before a broader advance can develop.&nbsp;
<h2 id="span-style-font-weight-400-chainlink-24-7-expands-pricing-for-institutional-lending-span">Chainlink 24/7 Expands Pricing for Institutional Lending</h2>
Chainlink <a href="https://chain.link/blog/introducing-chainlink-24-7?utm" rel="noopener noreferrer nofollow">announced </a>the pricing service on Oct. 29 at Link:NYC. The system covers equities, commodities and other real-world assets through weekends and holidays. <a href="https://coincentral.com/blockchain-security-applications/" rel="noopener noreferrer nofollow">Blockchain applications</a> can access pricing data throughout the week.
<figure style="width: 100%" class="wp-caption aligncenter"><img src="https://cdn.prod.website-files.com/5f75fe1dce99248be5a892db/6ae05683e94f3b95b4aa57aa_Chainlink%2024.7%20Diagram.png" alt="Chainlink 24/7" width="2315" height="1002">
 <figcaption>
 Source: Chainlink blog
 </figcaption>
</figure>
Aave is the launch partner. Its institutional lending platform, Horizon, uses the feeds to value eligible tokenized assets pledged as collateral. This allows collateral monitoring to continue when traditional exchanges are closed.&nbsp;
<a href="https://parameter.io/chainlink-casinos/" rel="noopener noreferrer nofollow">Chainlink 24/7</a> combines active-session prices with an off-hours reference drawn from multiple perpetual futures venues. The resulting series gives applications one continuous pricing input. Prices outside cash-market hours can still differ from the underlying asset’s next traded cash price.&nbsp;
The company also introduced CustodySync on Oct. 26, with Anchorage Digital as its official launch partner. The service connects institutional borrowers with decentralized lending while their collateral remains with a qualified custodian.
CustodySync coordinates custody balances, pricing and loan activity across the custodian and lending protocol. Its design aims to keep both systems aligned through borrowing, repayment and liquidation.&nbsp;
On Oct. 27, Further Asset Management announced an integration of Chainlink’s Automated Compliance Engine into Anubis. The Abu Dhabi platform applies configured compliance rules to transactions involving <a href="https://moneycheck.com/cftc-issues-updated-framework-for-tokenized-assets-in-derivatives-markets/" rel="noopener noreferrer nofollow">tokenized assets</a>. Its initial deployment focuses on Abu Dhabi Global Market.
Anubis is designed to assess transactions before execution, applying configured checks for matters such as identity and sanctions. Further plans to expand the compliance platform into additional jurisdictions as institutions adopt its services.&nbsp;
These launches broaden the network’s institutional services across pricing, collateral and transaction controls. Their contribution to LINK price will depend on adoption, economic activity and conditions in the wider token market.
<h2 id="b-link-price-faces-resistance-as-analyst-outlines-20-target-b">LINK Price Faces Resistance as Analyst Outlines $20 Target</h2>
The short-term market review placed initial resistance between the 23.6% Fibonacci level at $11.77 and the recent $11.91 high. A daily close above $11.91 would strengthen the breakout case and put the 127.2% extension near $12.08 into focus.
Immediate support sits around 11.61–11.63. That zone combines the 50% Fibonacci retracement with the seven-day average. Holding it would help preserve the near-term LINK price recovery while buyers test overhead resistance.&nbsp;
Van de Poppe’s longer-term <a href="https://x.com/CryptoMichNL/status/2116846371596542454?a=esFxoEPj5PmpcG6Q5ts&amp;s=20" rel="noopener noreferrer nofollow">analysis </a>focuses on the weekly chart. He described a correction of approximately 35% from September’s high after an earlier advance from roughly $7 to $16.
<figure style="width: 100%" class="wp-caption aligncenter"><img src="https://pbs.twimg.com/media/HWCMDzDWsAANtxZ?format=png&amp;name=4096x4096" alt="Image" width="2116" height="1319">
 <figcaption>
 Source: Van de Poppe on X
 </figcaption>
</figure>
The analyst identified June as the bottom of that advance. Both weekly RSI and MACD showed bullish divergence in his chart analysis. He interpreted those momentum signals as evidence of a developing base.
In his reading, the move toward $16 swept the November 2025 high before the subsequent pullback tested liquidity near $10.60. He views a weekly finish above that lower level as evidence that buyers are absorbing selling pressure.&nbsp;
The proposed LINK price target is above $20 in the first quarter of 2027. Reaching $20 from $11.76 would require a gain of approximately 70%. The broader price forecast sits well beyond the immediate chart resistance levels.
A weekly close above $10.60 remains a condition of that outlook. The LINK price must clear nearer resistance before the chart can establish a stronger recovery toward the analyst’s longer-term objective.
The post <a href="https://blockonomi.com/link-price-tests-resistance-as-analyst-targets-a-move-above-20-in-2027/" rel="noopener noreferrer nofollow">LINK Price Tests Resistance as Analyst Targets a Move Above $20 in 2027</a> appeared first on <a href="https://blockonomi.com" rel="noopener noreferrer nofollow">Blockonomi</a>.

LINK Price Tests Resistance as Analyst Targets a Move Above $20 in 2027

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