As the volatile market witnesses a boost in the recent correction phase, the altcoins are crashing under crucial levels. Amidst this situation, the LINK price trend shows a correction phase that is quickly approaching solid support.
Further, the sentiments are turning bearish with the Bitcoin crashing to the $57,000 level. This could ignite a broader market fall and dump the LINK prices under $10.
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!
| 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 |
Starting the month on a bearish note, the crypto world experienced a sharp downturn when Changpeng Zhao was sentenced to four months in jail. Amid the broader market sell-off, Chainlink significantly underperformed, concluding April with a 31% drop in market cap.
Chainlink showed a clear bearish reversal from the 38.20% Fibonacci level at $23 and failed to establish a bullish foothold. The price notably fell below the crucial $15 psychological mark and the 23.60% Fibonacci level.
Presently, Chainlink is nearing the $12.24 support level, and traders on the sidelines are watching for a potential bullish reversal. Additionally, the daily RSI and the MACD indicators are showing signs of bullish divergence, which could indicate a possible uptrend.
Despite Chainlink’s continued downward trajectory drawing momentum from the broader market sell-off, prospects for a bullish reversal appear limited. However, the next support at $12.24 and the 200W EMA may offer some resilience. On the downside, the price might test the $8.87 support zone.
| LINK Price Prediction | Potential Low | Potential Average | Potential High |
| May 2024 | $8.87 | $15 | $20 |
Click Here To Read VeChain Price Prediction 2024, 2025, 2030
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 |
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 $72.285.
| LINK Price Prediction | POTENTIAL LOW ($) | 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 |
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.
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.
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.
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.
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.
| 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.
Also Check Out : Behind the FTX Scandal: Caroline Ellison Exposes Deep Secrets in SBF’s Trial
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 |
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.
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.
Chainlink Oracles are bridges that allow several blockchains to interact with off-chain resources such as market data.
Chainlink tokens called LINK serve as currency to pay Chainlink network operators for retrieving and preparing off-chain data and performing computations.
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.
LINK price could close the annual trade for 2024, with a price tag of $12.73.
LINK price could trade at an average price of $103.13 by the end of 2025.
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%.
Franklin Templeton has declared that ‘Its Base Season’ comes amid growing activity on the low-cost…
Over the 365 days, Bitcoin's exchange reserves have seen a decline from their higher levels,…
South Korea’s new regulation will lead to the delistation of several cryptocurrencies, which will be…
Cryptocurrency markets are heating up, igniting interest in the latest and potentially most rewarding options…
The Bybit platform has released its tenth reserve certificate from the 3rd to the 8th…
Binance, the leading cryptocurrency exchange globally, and its competitor KuCoin has made headlines as the…
