Chainlink Price Prediction 2024 – 2025: Will LINK Prices Reach To $100 By 2025?

The post Chainlink Price Prediction 2024 – 2025: Will LINK Prices Reach To $100 By 2025? appeared first on Coinpedia Fintech News

As the volatile market witnesses an exhaustion in the recent correction phase, the altcoins are preparing for a bounce back. Amidst this situation, the LINK price trend show a correction phase quickly approaching a solid support for a bounce back.

Further, the sentiments are expected to improve with hours left for the Bitcoin Halving. This could ignite a broader market recovery and pump the LINK prices higher start a new bull run. An impressive upward trajectory could position Chainlink to make a long jump beyond the significant psychological level of $20.

So, this brings us to the most important question, “How high will LINK jump in 2024?”

With Chainlink prices being closely watched by analysts and whales, we’re here to give you the lowdown. In our Chainlink Price Prediction 2024-2030, we make calculated predictions and figure out – Will LINK prices reach $100 by 2025? 

So, read on and get ready for a seat on the spaceship launching LINK to the MOON!

Overview

Cryptocurrency	Chainlink
Token	LINK
Price	$ 17.69   0.10%
Market Cap	$ 10,385,556,715
Trading Volume	$ 233,489,742
Circulating Supply	587,099,970
All-time High	$52.88 May 10, 2021
All-time Low	$ 0.1263 Sep 23, 2017
24 High	$ 17.94
24 Low	$ 17.57

LINK Price Prediction April 2024

The LINK price trend, as indicated by a breakout from a rounding bottom in the weekly chart, is gearing up for a significant surge. Yet, the recent market pullback, characterized by heightened volatility, casts doubt on the potential for a bullish trend.

According to Tradingview, LINK’s price movement faces strong selling pressure at the $23 level or the 38.20% Fibonacci retracement, causing a swift drop to $16. This downturn allows the altcoin to revisit an important support area around the 23.60% Fibonacci retracement.

Price action near this support level shows less resistance to lower prices, hinting at a possible recovery. Currently, LINK is trading at $17.57, with a focus on maintaining the $16 support level.

Approaching the 200-day EMA and retesting the $16 level suggests LINK is at a buy-in juncture. Despite the recent pullback seen in the weekly chart, LINK harbors substantial potential for an upswing to $35. However, a decline below the $15 level or the 200-day EMA might lead to a drop to the $13.61 level or the 50-week EMA.

LINK Price Prediction	Potential Low	Potential Average	Potential High
April 2024	$15	$23.35	$35

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Chainlink Price Prediction 2024

With a market cap of $9.674 billion, Chainlink has been an exceptionally good performer in the market recovery of 2024. It currently ranks 13th in terms of market cap in the crypto world. However, the LINK prices are 67% below its all-time high of $54.40.

The recent jump in LINK price teases a bullish breakout of a flag pattern in the daily chart to surpass the crucial resistance at $17.

The unleashed trapped momentum will boost the altcoin prices if the LINK prices to reach higher above the $20 mark. The breakout rally and the highly anticipated altcoin season of 2024 will push LINK prices to a new all-time high of $60. 

However, in case of a pullback in mid-2024, a correction to retest $20 is possible. 

LINK Price Prediction	Potential Low	Potential Average	Potential High
2024	$20	$40	$60

Chainlink (LINK) Price Prediction For 2025

With partnerships, reserve funds, and an in-demand service, LINK could reach $103.13 by 2025. However, if the market crashes, it could drop to $41.44. If smart contracts continue to process seamlessly, it could average $72.285.

Chainlink (LINK) Price Prediction 2026-2030

LINK Price Prediction	POTENTIAL LOW ($)	POTENTIAL AVERAGE ($)	POTENTIAL HIGH ($)
2026	107.3	118.25	129.2
2027	139.99	150.18	160.37
2028	174.59	183.74	192.89
2029	182.1	203.84	225.58
2030	213.1	233.305	253.51

Chainlink Price Prediction 2026:

As per Chainlink Price Prediction 2026, the high price could be $129.2, the low may reach $107.3. This makes the average around $118.25.

Chainlink Price Prediction 2027:

Moving to 2027, Chainlink Price Prediction forecasts to potentially reach a high price of $160.37. With a low of $139.99 and an average of $150.18.

Chainlink Price Prediction 2028:

Moving to 2028, Chainlink Price Prediction forecasts a high price of $192.89. On the flip side, the low may fall to $174.59, and the average is projected to be around $183.74.

Chainlink Price Prediction 2029:

As per Chainlink Price Prediction 2029, LINK’s high price is predicted to be $225.58, with a low of $182.1 and an average of $203.84.

Chainlink Price Prediction 2030:

Finally, as per Chainlink Price Prediction 2030, LINK’s price can reach a high price of $253.51. With a low of $213.1 and an average of $233.305.

Chainlink (LINK) Price Prediction 2024 – 2030

Market Analysis

LINK Price Prediction	2024	2025
Digital Coin Price	$18.17	$25.55
Gov. Capital	$40.26035	$94.18615
Long Forecast	$10.89	$6.49

*The aforementioned targets are the average targets set by the respective firms.

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CoinPedia’s Chainlink (LINK) Price Predictions

Chainlink has the inherent capability to expand smart contracts, allowing data accessibility for events and transactions. Optimism is catching up with the heat on a long-term price forecast for the platform. 

According to Coinpedia’s formulated prediction, if the network updates in cryptography and starts new partnerships. LINK price might reach a maximum of $60. 

On the flip side, many critics have begun questioning the purpose of LINK tokens in the project. If it persists, and other celebrities indicate a supporting statement, the price might get afflicted and plunge to $20. This gives us the average trading price of the token at $40.

We expect the LINK price to reach a high of $60 by the end of 2024.

LINK Price Prediction	Potential Low	Potential Average	Potential High
2024	$20	$40	$60

Historical Market Sentiments

To determine if Chainlink could reach $100 by 2025, we must examine how market conditions have impacted its price in the past. In late 2017, as blockchain oracles began gaining popularity, the cost of LINK finished the year near $0.488. 

However, as bearish sentiments took over in 2018, it closed out 2018 at around $0.2995. Since early 2019, as real-world use increased through notable partnerships, the mood shifted more bullish. It led to LINK ending 2021 at approximately $19.75. 

As of January 2022, it has traded between $15 and $21 for most of the year. For LINK to hit $100 per token by 2025, sustained optimism must continue driving adoption over the next few years. Based on previous fluctuations in tune with overall crypto market cycles, LINK will require bullish sentiments to maintain its upward price trajectory to finish 2024 above $50 and 2025 at or beyond the $100 mark.

Final Thoughts

Based on Chainlink’s past performance and growth, its price could reach $100 by 2025. However, much depends on the adoption of blockchain technology and its applications. Since cryptocurrency markets are highly volatile, investors should only invest what they can afford to lose. The fundamentals are strong for Chainlink to play a leading role in smart contracts.

If adoption outpaces expectations over the next few years, $100 could be achievable. Overall, while reaching $100 cannot be guaranteed, Chainlink appears well-positioned for future growth if market conditions are favorable and it maintains current momentum. Investors should do further research and make investment decisions accordingly.

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