Chainlink price appears to be making a comeback, as evidenced by the recent movements of the crypto.
Notably, the crypto has recorded a surge of about 4% from yesterday and reclaimed the brief support level at $16.
The recent recovery comes as Chainlink recently celebrated its achievements through the third quarter of 2025, which has caught the eyes of traders.
In addition, the optimism is further reflected by the heavy bets from the new wallets on LINK price.
Meanwhile, this has led to a flurry of bullish Chainlink price predictions coming from the market pundits.
While some predicted a surge to $30 in the near future, others have shared further ambitious predictions for LINK price.
However, it appears that the experts are also anticipating a potential pullback before the breakout.
For context, an analyst has warned of a potential pullback before the rally, but remained optimistic on the overall cycle of the asset.
Chainlink Price Soars Amid Q3 Wins
Chainlink price has recorded a surge of over 4% today and rested at $16.77, while its one-day volume fell 55% to $631 million.
Notably, LINK price has faced less volatile trading sessions since yesterday, as evidenced by its 24-hour movement between $16.97 and $16.18.
However, despite the current surge, the crypto has lost around 6.5% in the weekly chart, with a monthly loss of over 31%.
It’s worth noting that the crypto has touched a 30-day high of $24.85, before falling to as low as $10.18 amid a broader crypto market selloff.
Meanwhile, the recent recovery could be attributed to the broader crypto market recovery.
During writing, the global crypto market cap rose 3.6% to $3.63 trillion, with almost all the top players in the space staying in the green.
On the other hand, Chainlink has recently lauded a flurry of milestones the firm achieved in 2025.
For context, the firm has highlighted its recent partnership with the US Department of Commerce, which has caught the eyes of traders.
In addition, the firm has also said that it has added 523,159 LINK tokens to the Chainlink Reserve. These developments might have helped in its recent rally, while boosting the traders’ confidence.
New Wallets Bet on LINK Price
The new wallets are also actively betting on Chainlink, which might have also helped in the latest LINK price recovery.
For context, Lookonchain reported that a newly created wallet, identified by the address “0xbBF5,” has bagged 744,604 LINK tokens, worth $12.5 million, from Binance.
This massive accumulation reflects the growing confidence of traders in the asset. Simultaneously, on October 16, another new wallet “0x8879” has bagged 934,516 LINK, valued at around $17 million.
Now, let’s take a quick tour of what the experts are saying about the potential future movement of Chainlink price.
What Lies Ahead for LINK Price?
As Chainlink price has recorded a strong recovery, experts have shared bullish LINK price predictions. For context, in a recent X post, analyst Ali Martinez hints at a possible pullback for the asset to $14.
However, he has remained bullish on the long-term trajectory of the asset. Martinez said that such a downward move would allow traders to buy the dip, predicting a potential surge of the crypto $50 in the near future.
Simultaneously, analyst CRYPTOWZRD said that the crypto has found a major support at $16.86. If it breaks through the level, the target would be at $20, which would clear the LINK price’s path to $30.
Meanwhile, expert Jonathan Carter has shared a further bullish forecast, predicting a surge to as high as $100.
He has set the next target for LINK price to $22. If it successfully clears that level, the next targets would be at $31, $50, and eventually to $100.