Star performer for multiple weeks, Chainlink’s LINK coin price has been on a bullish rally in recent weeks. The Chainlink coin price crosses the $10 mark and displays a sharp breakout rally, ready to challenge the sellers at the overhead ceiling at $12.
With the buyers struggling to reclaim the $12 mark, Chainlinks remains the 12th biggest cryptocurrency as per market capitalization. However, as Bitcoin struggles to overcome the selling pressure at the $35K mark, the altcoins are under a bearish threat if the market loses momentum.
On a side note, the recovery in the overall market increased the hope for a comeback in DeFi sector coins and promising 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. Financial institutions globally, including BNP Paribas, BNY Mellon, and Lloyds Banking Group, are exploring asset tokenization to enhance financial markets.
LINK Price Prediction November 2023
As Bitcoin comes trades close to the $35K barrier, the altcoins are under volatile conditions as buyers remain skeptical about the future market trend. Nevertheless, Chainlink’s LINK token price has remained one of the top performers over the past few weeks.
With a market cap of $6.30B, the LINK price has increased by 93% in the past two months to reclaim the $10 mark.
Further, the bull run faces opposition from an ascending resistance trendline in the daily chart that threatens a reversal with a new peak formation near $12. Despite the support of the increased trading volume support, the buyers struggle with immense supply incoming at the confluence of the overhead bearish elements.
Presently, the LINK price trades at $11.30 with minimal intraday growth as buyers are struggling to sustain the overhead supply. Moreover, the long-range candles represent a loss in bullish momentum as the market uncertainty grows.
If the LINK price manages to break above the $12 mark, the unleashed trend momentum with the trendline breakout can boost the market value significantly. Furthermore, a post-retest rally above the $12 mark can lead to a high-momentum jump. The first target would be close to the next resistance level at $15.
On the flip side, a failure to rise above $12 will lead LINK back into its bearish cycle. Further, a breakdown below $9.85 could lead to a further decline, potentially reaching as low as $8.
| LINK Price Prediction | Potential Low | Potential Average | Potential High |
| November 2023 | $8 | $11.5 | $15 |
Chainlink Price Prediction 2023
With a market cap of $5.70 billion, Chainlink has been performing incredibly well recovery rally of 2023. It currently ranks 13th in terms of market cap in the crypto world. The LINK prices are 80% below its all-time high of $54.40.
The recent jump in LINK price gives a bullish breakout of a falling channel in the weekly chart to surpass crucial resistances. The bull run overcomes the supply at the 200-day EMA to reclaim the $10 mark and increases the golden crossover possibility.
The unleashed trapped momentum will boost the altcoin prices if the LINK prices higher above the $12.73 mark. The breakout rally will push LINK prices to a new swing high of $15.
However, in case of a reversal from the resistance trendline, a correction to retest $7 is possible.
| LINK Price Prediction | Potential Low | Potential Average | Potential High |
| 2023 | $7 | $11 | $15 |
Chainlink (LINK) Price Prediction For 2024
Chainlink might find newer adoptions and buyers if the maker rolls out developmental and community-building initiatives. Moreover, the altcoin season in Bitcoin halving year will prove profitable for LINK Holders.
In such a case, the price of LINK might propel to its potential high of $15.2901 by the end of 2024.
In contrast, an ebbing stance in the industry and negative criticism could drag the price down to $11.8339. That being said, the regular price is $13.5620.
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 $72.285.
| LINK Price Prediction | POTENTIAL LOW ($) | 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 $12.73.
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 $5. This gives us the average trading price of the token at $8.865.
We expect the LINK price to reach a high of $12.73 by the end of 2023.
| LINK Price Prediction | Potential Low | Potential Average | Potential High |
| 2023 | $5 | $8.865 | $12.73 |
Historical Market Sentiments
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 2023, 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%.
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Source: https://coinpedia.org/price-prediction/chainlink-price-prediction/