- November 1, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
The post Chainlink Price Prediction 2024 – 2030: Will LINK Prices Reach To $100? appeared first on Coinpedia Fintech News
Story Highlights
- The live price of the LINK token is $ N/A
- Chainlink crypto price may reach a potential high of around $60 by the end of 2024.
- Chainlink price, with a potential surge, may reach up to $253.51 by the end of 2030.
With the broader market anticipating a bullish recovery, the DeFi segment stands on the verge of a bull run. Chainlink is a top performer in the segment and prepares for a breakout run ahead.
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?
Overview
Cryptocurrency | N/A |
Token | LINK |
Price | $ 11.31061233 -6.46% |
Market Cap | $ 7,090,057,002.7683 |
Trading Volume | $ N/A |
Circulating Supply | N/A |
All-time High | $52.88 May 10, 2021 |
All-time Low | $ 0.1263 Sep 23, 2017 |
24 High | Coming soon |
24 Low | Coming Soon |
Table of contents
LINK Price Prediction November 2024
The bullish trend reversal in Chainlink prices from the $9.280 level leads to a falling wedge breakout rally. The LINK price action struggles to surpass the 200D EMA and resonates near the 50D EMA.
Despite the DeFi token failing to exceed the 200D EMA, an ongoing recovery run with three consecutive bullish candles challenges the dynamic line. The Chainlink recovery cycle accounts for a 12% surge in three days. However, a single-day correction of 7.99% leads to a quick bearish engulfing candle and tests the 50D EMA.
A bullish breakout of the 200D EMA will boost the LINK price to $21.69. On the flip side, a reversal might retest the $10 psychological mark.
MONTH | Potential Low | Potential Average | Potential High |
November | $10 | $11.14 | $21.69 |
Uncover VeChain’s potential growth and key market trends. Dive into Coinpedia’s detailed VET price predictions for 2024, 2025, and 2030.
LINK Price Prediction 2024
With a market cap of $6.474 billion, Chainlink struggles to sustain minor recovery runs for any significant jump. However, the LINK prices are 80% below its all-time high of $54.40.
If LINK prices reach above the $20 mark, the unleashed trapped momentum will boost altcoin prices. The breakout rally and the highly anticipated altcoin season of 2024 will push LINK prices to a new all-time high of $60.
However, a correction to retest $8 is possible.
Year | Potential Low | Potential Average | Potential High |
2024 | $8 | $34 | $60 |
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 $72.285.
Chainlink Price Prediction 2026-2030
Year | POTENTIAL LOW ($) | 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 |
LINK Price Prediction 2026:
As per Chainlink’s Price forecast for 2026, the high price could be $129.2; the low may reach $107.3. This makes the average around $118.25.
LINK Price Forecast 2027:
Moving to 2027, the Chainlink Price forecast predicts it will reach a high price of $160.37 potentially. With a low of $139.99 and an average of $150.18.
Chainlink Price Forecast 2028:
Moving to 2028, the Chainlink Price Forecast predicts 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.
LINK Price Prediction 2029:
As per Chainlink Price Forecast 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 Forecast 2030:
Finally, as per the Chainlink Price Forecast 2030, LINK’s price can reach a high price of $253.51. With a low of $213.1 and an average of $233.305.
Market Analysis
Experts | 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, the LINK price can dump to $8. This gives us the average trading price of the token at $34.
We expect the LINK price to reach a high of $60 by the end of 2024.
Year | Potential Low | Potential Average | Potential High |
2024 | $8 | $34 | $60 |
Historical Market Sentiments
LINK ended 2017 at $0.488, but bearish sentiments in 2018 dropped to $0.2995. The price surged as real-world use and partnerships grew, closing 2021 at around $19.75. Throughout 2022, LINK traded between $15 and $21. Currently, the LINK price trades at $10.54 as the bearish trend intensifies.
For LINK to hit $100 by 2025, it would need sustained bullish momentum, driving adoption, pushing the price above $50 by 2024, and reaching the $100 target in 2025.
FAQs
Chainlink Oracles are bridges that allow several blockchains to interact with off-chain resources such as market data.
The initial price of Chainlink (LINK) at the ICO was $0.11.
The all-time low price of Chainlink was $0.1263 on September 23, 2017.
The all-time high price of Chainlink was $52.88 on May 10, 2021.
Chainlink has a year-to-date (YTD) drop of 13%.
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.