Chainlink has been on a remarkable and energetic bullish run, consistently ranking as one of the top performers for several weeks in the past three months. The LINK price has surged past the $15 mark, showcasing a dynamic and sharp breakout rally.
This impressive upward trajectory positions Chainlink to boldly challenge the sellers waiting at the significant overhead resistance level of $20. The momentum is palpable, and the enthusiasm in the market is high as Chainlink continues its spirited journey upwards.
Moreover, as Bitcoin struggles manages to reclaim the $43K mark, the altcoins are gaining additional trend momentum with the improving market sentiment. On a side note, the recovery in the overall altcoins sector increases the hope for a comeback in DeFi sector coins and promised a bullish end for Chainlink in 2023.
So, this brings us to the most important question, “How high will LINK jump in 2023?”
With Chainlink prices being closely watched by analysts and whales, we’re here to give you the lowdown. In our Chainlink Price Prediction 2023-2030, 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!
What’s New With Chainlink?
- Coinbase Collaboration: Coinbase Cloud is now a Chainlink node operator, bolstering Chainlink’s security and network capacity.
- Proof of Reserve Issues: Chainlink’s proof-of-reserves service, while aiming for transparency, often relies more on promises than actual proofs.
- Interoperability Protocol: Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is now live for early access on several blockchains, including Avalanche, Ethereum, Optimism, and Polygon.
- Swift Partnership: Swift and Chainlink successfully conducted tokenized transfers across multiple blockchains, emphasizing the potential of tokenized asset markets. Global financial institutions, including BNP Paribas, BNY Mellon, and Lloyds Banking Group, are exploring asset tokenization to enhance financial markets.
LINK Price Prediction January 2024
As Bitcoin comes trade close to the $45K barrier, the altcoins are preparing to end 2023 on a bullish high. Being in the top performer’s list, Chainlink’s LINK token price displays a bullish breakout rally on a frenzy and fracturing multiple resistance. Further, the buyers are constantly eyeing the next psychological mark of $20 and provides entry signal for sideline traders.
With a bullish growth of 120% in the last three months, the LINK price sustains above the $15 mark and challenges the overhead ascending resistance trendline.
Further, the bull run teases a trend continuation with a flag pattern in the daily and a higher high streak formation. Breaking the barrier of $15, Chainlink’s price trend teases a jump to $20 if it surpassses the overhead resistance trendline.
Presently, the LINK price trades at $16.90 with an intraday growth of 1.16% with an overhead resistance leading to long-wick formaation. Moreover, the last night’s growth of 10% supports the bullish trend and teases a prolonged uptrend.
If the LINK price manages to sustain above the $17 mark, the Chainlink price trend can enter a high-momentum sprint. The first target would be close to the next resistance level at $20, followed by a bull run to $25.
On the flip side, a failure to sustain above $17 will lead LINK back to $15.
LINK Price Prediction | Potential Low | Potential Average | Potential High |
January 2024 | $15 | $20 | $25 |
With a market cap of $9.674 billion, Chainlink has been an exceptionally good performer in the market recovery of 2023. 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 has the potential to reach a high price of $253.51. With a low of $213.1 and an average of $233.305.
Chainlink (LINK) Price Prediction 2023 – 2030
Market Analysis
LINK Price Prediction | 2023 | 2024 | 2025 |
Digital Coin Price | $15.51 | $18.17 | $25.55 |
Gov. Capital | $18.16 | $40.26035 | $94.18615 |
Long Forecast | $10.07 | $10.89 | $6.49 |
*The aforementioned targets are the average targets set by the respective firms.
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
FAQs
What are Chainlink Oracles?
Chainlink Oracles are bridges that allow several blockchains to interact with off-chain resources such as market data.
What are chainlink tokens used for?
Chainlink tokens called LINK serve as currency to pay Chainlink network operators for retrieving and preparing off-chain data and performing computations.
Is Chainlink a profitable investment for the long term?
Yes, Chainlink is a profitable investment in the long term. The strengths of the network such as smart contracts expandability, data feeds, oracles, and Defi give it an upper hand.
How high could the LINK price reach by the end of 2023?
LINK price could close the annual trade for 2023, with a price tag of $12.73.
What would be the feasible average price of LINK by the end of 2025?
LINK price could trade at an average price of $103.13 by the end of 2025.
If I had invested $100 in LINK in ICO, what would it be worth now?
With the ICO sale round at $0.11 in public sale, the $100 invested in LINK would be worth $6418.18 approximately. In short, the $100 investment would have increased by 6318.18%.
Author: Chelsea Norman
Last Updated: 1704445803
Views: 1289
Rating: 3.7 / 5 (55 voted)
Reviews: 98% of readers found this page helpful
Name: Chelsea Norman
Birthday: 1958-05-30
Address: 34299 Jennifer Land, Lake Katherine, LA 45246
Phone: +4115085090212792
Job: Teacher
Hobby: Camping, Pottery, Snowboarding, Playing Guitar, Wildlife Photography, Stargazing, Card Games
Introduction: My name is Chelsea Norman, I am a unyielding, Precious, important, courageous, clever, treasured, rare person who loves writing and wants to share my knowledge and understanding with you.