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!
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 July 2024
With a sideways trend above $12, the bullish trend fails to surpass the $22 peak. As the broader market correction results in additional supply, the altcoin dips to the $12 support zone.
With a 30% drop in the last five weeks, the recent correction reveals an increased supply pressure.
If the altcoin falls under $12, the downfall can reach the $10 psychological mark, putting additional stress on the $8 support zone. On the upside, a potential target of $15 is possible by the end of this month.
| LINK Price Prediction | Potential Low | Potential Average | Potential High |
| July 2024 | $15 | $12 | $8 |
Click Here To Read VeChain Price Prediction 2024, 2025, 2030
What are Chainlink Oracles?
Chainlink Oracles are bridges that enable blockchains to interact with off-chain resources like market data. They provide reliable, tamper-proof data to smart contracts, allowing them to access external information necessary for their execution. This integration enhances the functionality of blockchain applications by connecting them to real-world data and events.
Chainlink’s network showcases a TVL of $563.15 million with a market cap of $7.774 billion. The token price stands at $12.81, with an FDV of $12.785 billion. Over the past 24 hours, the token volume reached $301.15 million. The amount staked is $563.15 million, representing 7.24% of the market cap. The network also has $82.41 million in token liquidity, generating annualized fees of $9,09,669 and annualized revenue of $92,171. Chainlink has raised a total of $32 million, highlighting its robust financial and operational status.
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.
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.
What was the initial price of Chainlink (LINK)?
The initial price of Chainlink (LINK) at the ICO was $0.11.
What is the all-time low (ATL) price of Chainlink (LINK)?
The all-time low price of Chainlink was $0.1263 on September 23, 2017.
What is the all-time high (ATH) price of Chainlink (LINK)?
The all-time high price of Chainlink was $52.88 on May 10, 2021.
What is the year-to-date (YTD) performance of Chainlink (LINK)?
Chainlink has a year-to-date (YTD) drop of 13%.
FAQs
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%.
LINK
BINANCE
Earn more CFN tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://cryptoforum.news0
CFN Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed