Chainlink Price Prediction
This innovative project enables universally connected smart contracts and does it in a fully secure, reliable, and efficient way. Just like the name suggests, the Chainlink network is used to link chains — it uses a decentralized oracle network to connect external data sources to various blockchains.
Beyond being an interesting project with solid real-world applications, Chainlink is also a worthwhile investment. In this article, we will present our Chainlink price forecast for 2023-2032.
Chainlink Overview
Our real-time LINK to USD price update shows the current Chainlink price as $17.6 USD.
Our most recent Chainlink price forecast indicates that its value will increase by 10.77% and reach $19.64 by February 05, 2024.
Our technical indicators signal about the Bullish Bullish 87% market sentiment on Chainlink, while the Fear & Greed Index is displaying a score of 60 (Greed).
Over the last 30 days, Chainlink has had 16/30 (53%) green days and 6.37% price volatility.
Chainlink (LINK) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Chainlink Profit Calculator
Currencies
Chainlink (LINK) Price Prediction For Today, Tomorrow and Next 30 Days
Date
Price
Change
February 04, 2024$17.921.07%February 05, 2024$18.564.68%February 06, 2024$19.6410.77%February 07, 2024$18.635.08%February 08, 2024$18.534.51%February 09, 2024$19.017.22%February 10, 2024$19.6710.94%February 11, 2024$20.3915%February 12, 2024$20.0713.2%February 13, 2024$21.5221.38%February 14, 2024$22.3025.78%February 15, 2024$21.5221.38%February 16, 2024$21.1319.18%February 17, 2024$20.7717.15%February 18, 2024$20.3014.5%February 19, 2024$20.1113.42%February 20, 2024$20.1713.76%February 21, 2024$20.2113.99%February 22, 2024$20.7917.26%February 23, 2024$20.3314.66%February 24, 2024$20.3314.66%February 25, 2024$20.1113.42%February 26, 2024$19.9712.63%February 27, 2024$20.0713.2%February 28, 2024$20.3014.5%February 29, 2024$20.5816.07%March 01, 2024$20.7817.2%March 02, 2024$20.7416.98%March 03, 2024$21.2019.57%March 04, 2024$21.4721.09%
Chainlink Prediction Table
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
February
$17.92
$20.11
$22.30
March
$12.72
$17.50
$22.28
April
$13.95
$14.74
$15.53
May
$12.82
$14.05
$15.28
June
$12.44
$17.43
$22.41
July
$12.54
$17.64
$22.73
August
$10.06
$9.93
$9.80
September
$10.03
$10.01
$9.98
October
$10.05
$10.68
$11.31
November
$10.04
$9.98
$9.92
December
$10.18
$10.09
$9.99
All Time
$12.07
$13.83
$15.59
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$12.10
$12.17
$12.73
February
$14.18
$14.36
$15.44
March
$16.25
$16.54
$18.16
April
$18.32
$18.72
$20.88
May
$20.40
$20.90
$23.59
June
$22.47
$23.09
$26.31
July
$24.54
$25.27
$29.03
August
$26.62
$27.45
$31.74
September
$28.69
$29.63
$34.46
October
$30.76
$31.82
$37.18
November
$32.84
$34
$39.89
December
$34.91
$36.18
$42.61
All Time
$23.51
$24.18
$27.67
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$36.15
$37.46
$44.07
February
$37.38
$38.74
$45.53
March
$38.62
$40.02
$47
April
$39.86
$41.30
$48.46
May
$41.09
$42.58
$49.92
June
$42.33
$43.87
$51.38
July
$43.57
$45.15
$52.84
August
$44.80
$46.43
$54.30
September
$46.04
$47.71
$55.77
October
$47.28
$48.99
$57.23
November
$48.51
$50.27
$58.69
December
$49.75
$51.55
$60.15
All Time
$42.95
$44.51
$52.11
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$51.67
$53.50
$62.16
February
$53.60
$55.44
$64.17
March
$55.52
$57.39
$66.17
April
$57.45
$59.33
$68.18
May
$59.37
$61.28
$70.19
June
$61.30
$63.23
$72.20
July
$63.22
$65.17
$74.20
August
$65.14
$67.12
$76.21
September
$67.07
$69.06
$78.22
October
$68.99
$71.01
$80.22
November
$70.92
$72.95
$82.23
December
$72.84
$74.90
$84.24
All Time
$62.26
$64.20
$73.20
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$75.33
$77.47
$87.68
February
$77.82
$80.04
$91.12
March
$80.31
$82.60
$94.57
April
$82.80
$85.17
$98.01
May
$85.29
$87.74
$101.45
June
$87.78
$90.31
$104.89
July
$90.26
$92.87
$108.33
August
$92.75
$95.44
$111.77
September
$95.24
$98.01
$115.22
October
$97.73
$100.58
$118.66
November
$100.22
$103.14
$122.10
December
$102.71
$105.71
$125.54
All Time
$89.02
$91.59
$106.61
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$107.15
$110.34
$129.87
February
$111.58
$114.96
$134.19
March
$116.02
$119.59
$138.52
April
$120.45
$124.21
$142.84
May
$124.89
$128.84
$147.17
June
$129.33
$133.47
$151.50
July
$133.76
$138.09
$155.82
August
$138.20
$142.72
$160.15
September
$142.63
$147.34
$164.47
October
$147.07
$151.97
$168.80
November
$151.50
$156.59
$173.12
December
$155.94
$161.22
$177.45
All Time
$131.54
$135.78
$153.66
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$161.19
$166.56
$185
February
$166.43
$171.91
$192.56
March
$171.68
$177.25
$200.11
April
$176.93
$182.60
$207.66
May
$182.17
$187.94
$215.21
June
$187.42
$193.29
$222.77
July
$192.67
$198.63
$230.32
August
$197.91
$203.97
$237.87
September
$203.16
$209.32
$245.42
October
$208.41
$214.66
$252.98
November
$213.65
$220.01
$260.53
December
$218.90
$225.35
$268.08
All Time
$190.04
$195.96
$226.54
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$227.73
$234.39
$277.53
February
$236.56
$243.44
$286.97
March
$245.39
$252.48
$296.42
April
$254.21
$261.52
$305.86
May
$263.04
$270.56
$315.31
June
$271.87
$279.61
$324.75
July
$280.70
$288.65
$334.20
August
$289.53
$297.69
$343.64
September
$298.36
$306.73
$353.09
October
$307.18
$315.78
$362.53
November
$316.01
$324.82
$371.98
December
$324.84
$333.86
$381.42
All Time
$276.28
$284.13
$329.47
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$336.80
$346.46
$396.01
February
$348.76
$359.06
$410.60
March
$360.72
$371.66
$425.19
April
$372.68
$384.26
$439.78
May
$384.64
$396.86
$454.37
June
$396.60
$409.46
$468.96
July
$408.56
$422.05
$483.55
August
$420.52
$434.65
$498.14
September
$432.48
$447.25
$512.73
October
$444.44
$459.85
$527.32
November
$456.40
$472.45
$541.91
December
$468.36
$485.05
$556.50
All Time
$402.58
$415.75
$476.26
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$484.20
$501.12
$577.57
February
$500.05
$517.19
$598.64
March
$515.89
$533.26
$619.71
April
$531.74
$549.33
$640.77
May
$547.58
$565.40
$661.84
June
$563.43
$581.47
$682.91
July
$579.27
$597.54
$703.98
August
$595.11
$613.61
$725.05
September
$610.96
$629.68
$746.12
October
$626.80
$645.75
$767.18
November
$642.65
$661.82
$788.25
December
$658.49
$677.89
$809.32
All Time
$571.35
$589.51
$693.44
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$1,633.45
$1,724.67
$1,971.12
February
$2,608.40
$2,771.45
$3,132.92
March
$3,583.36
$3,818.23
$4,294.72
April
$4,558.32
$4,865.01
$5,456.52
May
$5,533.27
$5,911.79
$6,618.32
June
$6,508.23
$6,958.57
$7,780.13
July
$7,483.19
$8,005.34
$8,941.93
August
$8,458.14
$9,052.12
$10,103.73
September
$9,433.10
$10,098.90
$11,265.53
October
$10,408.06
$11,145.68
$12,427.33
November
$11,383.01
$12,192.46
$13,589.13
December
$12,357.97
$13,239.24
$14,750.93
All Time
$6,995.71
$7,481.95
$8,361.03
Month
Minimum Price
Average Price
Maximum Price
Potential ROI
January
$12,820.63
$13,702.47
$15,254.83
February
$13,283.30
$14,165.69
$15,758.73
March
$13,745.96
$14,628.92
$16,262.63
April
$14,208.62
$15,092.14
$16,766.53
May
$14,671.28
$15,555.37
$17,270.43
June
$15,133.95
$16,018.60
$17,774.34
July
$15,596.61
$16,481.82
$18,278.24
August
$16,059.27
$16,945.05
$18,782.14
September
$16,521.93
$17,408.27
$19,286.04
October
$16,984.60
$17,871.50
$19,789.94
November
$17,447.26
$18,334.72
$20,293.84
December
$17,909.92
$18,797.95
$20,797.74
All Time
$15,365.28
$16,250.21
$18,026.29
Chainlink Historical
According to the latest data gathered, the current price of Chainlink is $$18.03, and LINK is presently ranked No. 11 in the entire crypto ecosystem. The circulation supply of Chainlink is $10,531,535,663.85, with a market cap of 584,049,971 LINK.
In the past 24 hours, the crypto has increased by $0.63 in its current value.
For the last 7 days, LINK has been in a good upward trend, thus increasing by 26.17%. Chainlink has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of LINK has increased by 23.29%, adding a colossal average amount of $4.20 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Chainlink Price Prediction 2024
According to the technical analysis of Chainlink prices expected in 2024, the minimum cost of Chainlink will be $$10.03. The maximum level that the LINK price can reach is $$10.01. The average trading price is expected around $$9.99.
LINK Price Forecast for February 2024
Based on the price fluctuations of Chainlink at the beginning of 2023, crypto experts expect the average LINK rate of $$20.11 in February 2024. Its minimum and maximum prices can be expected at $$17.92 and at $$22.30, respectively.
March 2024: Chainlink Price Forecast
Cryptocurrency experts are ready to announce their forecast for the LINK price in March 2024. The minimum trading cost might be $$12.72, while the maximum might reach $$22.28 during this month. On average, it is expected that the value of Chainlink might be around $$17.50.
LINK Price Forecast for April 2024
Crypto analysts have checked the price fluctuations of Chainlink in 2023 and in previous years, so the average LINK rate they predict might be around $$14.74 in April 2024. It can drop to $$13.95 as a minimum. The maximum value might be $$15.53.
May 2024: Chainlink Price Forecast
In the middle of the year 2023, the LINK price will be traded at $$14.05 on average. May 2024 might also witness an increase in the Chainlink value to $$15.28. It is assumed that the price will not drop lower than $$12.82 in May 2024.
LINK Price Forecast for June 2024
Crypto experts have analyzed Chainlink prices in 2023, so they are ready to provide their estimated trading average for June 2024 — $$17.43. The lowest and peak LINK rates might be $$12.44 and $$22.41.
July 2024: Chainlink Price Forecast
Crypto analysts expect that at the end of summer 2023, the LINK price will be around $$17.64. In July 2024, the Chainlink cost may drop to a minimum of $$12.54. The expected peak value might be $$22.73 in July 2024.
LINK Price Forecast for August 2024
Having analyzed Chainlink prices, cryptocurrency experts expect that the LINK rate might reach a maximum of $$9.80 in August 2024. It might, however, drop to $$10.06. For August 2024, the forecasted average of Chainlink is nearly $$9.93.
September 2024: Chainlink Price Forecast
In the middle of autumn 2023, the Chainlink cost will be traded at the average level of $$10.01. Crypto analysts expect that in September 2024, the LINK price might fluctuate between $$10.03 and $$9.98.
LINK Price Forecast for October 2024
Market experts expect that in October 2024, the Chainlink value will not drop below a minimum of $$10.05. The maximum peak expected this month is $$11.31. The estimated average trading value will be at the level of $$10.68.
November 2024: Chainlink Price Forecast
Cryptocurrency experts have carefully analyzed the range of LINK prices throughout 2023. For November 2024, their forecast is the following: the maximum trading value of Chainlink will be around $$9.92, with a possibility of dropping to a minimum of $$10.04. In November 2024, the average cost will be $$9.98.
LINK Price Forecast for December 2024
Market analysts predict that Chainlink will not fall below $$10.18 in December 2024, with a chance of peaking at $$9.99 in the same month. The average trading value is expected to be $$10.09.
Chainlink Price Prediction 2025
After the analysis of the prices of Chainlink in previous years, it is assumed that in 2025, the minimum price of Chainlink will be around $$34.91. The maximum expected LINK price may be around $$42.61. On average, the trading price might be $$36.18 in 2025.
Month
Minimum Price
Average Price
Maximum Price
January 2025
$12.10
$12.17
$12.73
February 2025
$14.18
$14.36
$15.44
March 2025
$16.25
$16.54
$18.16
April 2025
$18.32
$18.72
$20.88
May 2025
$20.40
$20.90
$23.59
June 2025
$22.47
$23.09
$26.31
July 2025
$24.54
$25.27
$29.03
August 2025
$26.62
$27.45
$31.74
September 2025
$28.69
$29.63
$34.46
October 2025
$30.76
$31.82
$37.18
November 2025
$32.84
$34
$39.89
December 2025
$34.91
$36.18
$42.61
Chainlink Price Prediction 2026
Based on the technical analysis by cryptocurrency experts regarding the prices of Chainlink, in 2026, LINK is expected to have the following minimum and maximum prices: about $$49.75 and $$60.15, respectively. The average expected trading cost is $$51.55.
Month
Minimum Price
Average Price
Maximum Price
January 2026
$36.15
$37.46
$44.07
February 2026
$37.38
$38.74
$45.53
March 2026
$38.62
$40.02
$47
April 2026
$39.86
$41.30
$48.46
May 2026
$41.09
$42.58
$49.92
June 2026
$42.33
$43.87
$51.38
July 2026
$43.57
$45.15
$52.84
August 2026
$44.80
$46.43
$54.30
September 2026
$46.04
$47.71
$55.77
October 2026
$47.28
$48.99
$57.23
November 2026
$48.51
$50.27
$58.69
December 2026
$49.75
$51.55
$60.15
Chainlink Price Prediction 2027
The experts in the field of cryptocurrency have analyzed the prices of Chainlink and their fluctuations during the previous years. It is assumed that in 2027, the minimum LINK price might drop to $$72.84, while its maximum can reach $$84.24. On average, the trading cost will be around $$74.90.
Month
Minimum Price
Average Price
Maximum Price
January 2027
$51.67
$53.50
$62.16
February 2027
$53.60
$55.44
$64.17
March 2027
$55.52
$57.39
$66.17
April 2027
$57.45
$59.33
$68.18
May 2027
$59.37
$61.28
$70.19
June 2027
$61.30
$63.23
$72.20
July 2027
$63.22
$65.17
$74.20
August 2027
$65.14
$67.12
$76.21
September 2027
$67.07
$69.06
$78.22
October 2027
$68.99
$71.01
$80.22
November 2027
$70.92
$72.95
$82.23
December 2027
$72.84
$74.90
$84.24
Chainlink Price Prediction 2028
Based on the analysis of the costs of Chainlink by crypto experts, the following maximum and minimum LINK prices are expected in 2028: $$125.54 and $$102.71. On average, it will be traded at $$105.71.
Month
Minimum Price
Average Price
Maximum Price
January 2028
$75.33
$77.47
$87.68
February 2028
$77.82
$80.04
$91.12
March 2028
$80.31
$82.60
$94.57
April 2028
$82.80
$85.17
$98.01
May 2028
$85.29
$87.74
$101.45
June 2028
$87.78
$90.31
$104.89
July 2028
$90.26
$92.87
$108.33
August 2028
$92.75
$95.44
$111.77
September 2028
$95.24
$98.01
$115.22
October 2028
$97.73
$100.58
$118.66
November 2028
$100.22
$103.14
$122.10
December 2028
$102.71
$105.71
$125.54
Chainlink Price Prediction 2029
Crypto experts are constantly analyzing the fluctuations of Chainlink. Based on their predictions, the estimated average LINK price will be around $$161.22. It might drop to a minimum of $$155.94, but it still might reach $$177.45 throughout 2029.
Month
Minimum Price
Average Price
Maximum Price
January 2029
$107.15
$110.34
$129.87
February 2029
$111.58
$114.96
$134.19
March 2029
$116.02
$119.59
$138.52
April 2029
$120.45
$124.21
$142.84
May 2029
$124.89
$128.84
$147.17
June 2029
$129.33
$133.47
$151.50
July 2029
$133.76
$138.09
$155.82
August 2029
$138.20
$142.72
$160.15
September 2029
$142.63
$147.34
$164.47
October 2029
$147.07
$151.97
$168.80
November 2029
$151.50
$156.59
$173.12
December 2029
$155.94
$161.22
$177.45
Chainlink Price Prediction 2030
Every year, cryptocurrency experts prepare forecasts for the price of Chainlink. It is estimated that LINK will be traded between $$218.90 and $$268.08 in 2030. Its average cost is expected at around $$225.35 during the year.
Month
Minimum Price
Average Price
Maximum Price
January 2030
$161.19
$166.56
$185
February 2030
$166.43
$171.91
$192.56
March 2030
$171.68
$177.25
$200.11
April 2030
$176.93
$182.60
$207.66
May 2030
$182.17
$187.94
$215.21
June 2030
$187.42
$193.29
$222.77
July 2030
$192.67
$198.63
$230.32
August 2030
$197.91
$203.97
$237.87
September 2030
$203.16
$209.32
$245.42
October 2030
$208.41
$214.66
$252.98
November 2030
$213.65
$220.01
$260.53
December 2030
$218.90
$225.35
$268.08
Chainlink Price Prediction 2031
Cryptocurrency analysts are ready to announce their estimations of the Chainlink’s price. The year 2031 will be determined by the maximum LINK price of $$381.42. However, its rate might drop to around $$324.84. So, the expected average trading price is $$333.86.
Month
Minimum Price
Average Price
Maximum Price
January 2031
$227.73
$234.39
$277.53
February 2031
$236.56
$243.44
$286.97
March 2031
$245.39
$252.48
$296.42
April 2031
$254.21
$261.52
$305.86
May 2031
$263.04
$270.56
$315.31
June 2031
$271.87
$279.61
$324.75
July 2031
$280.70
$288.65
$334.20
August 2031
$289.53
$297.69
$343.64
September 2031
$298.36
$306.73
$353.09
October 2031
$307.18
$315.78
$362.53
November 2031
$316.01
$324.82
$371.98
December 2031
$324.84
$333.86
$381.42
Chainlink Price Prediction 2032
After years of analysis of the Chainlink price, crypto experts are ready to provide their LINK cost estimation for 2032. It will be traded for at least $$468.36, with the possible maximum peaks at $$556.50. Therefore, on average, you can expect the LINK price to be around $$485.05 in 2032.
Month
Minimum Price
Average Price
Maximum Price
January 2032
$336.80
$346.46
$396.01
February 2032
$348.76
$359.06
$410.60
March 2032
$360.72
$371.66
$425.19
April 2032
$372.68
$384.26
$439.78
May 2032
$384.64
$396.86
$454.37
June 2032
$396.60
$409.46
$468.96
July 2032
$408.56
$422.05
$483.55
August 2032
$420.52
$434.65
$498.14
September 2032
$432.48
$447.25
$512.73
October 2032
$444.44
$459.85
$527.32
November 2032
$456.40
$472.45
$541.91
December 2032
$468.36
$485.05
$556.50
Chainlink Price Prediction 2033
Cryptocurrency analysts are ready to announce their estimations of the Chainlink’s price. The year 2033 will be determined by the maximum LINK price of $$809.32. However, its rate might drop to around $$658.49. So, the expected average trading price is $$677.89.
Month
Minimum Price
Average Price
Maximum Price
January 2033
$484.20
$501.12
$577.57
February 2033
$500.05
$517.19
$598.64
March 2033
$515.89
$533.26
$619.71
April 2033
$531.74
$549.33
$640.77
May 2033
$547.58
$565.40
$661.84
June 2033
$563.43
$581.47
$682.91
July 2033
$579.27
$597.54
$703.98
August 2033
$595.11
$613.61
$725.05
September 2033
$610.96
$629.68
$746.12
October 2033
$626.80
$645.75
$767.18
November 2033
$642.65
$661.82
$788.25
December 2033
$658.49
$677.89
$809.32
Chainlink Price Prediction 2040
According to the technical analysis of Chainlink prices expected in 2040, the minimum cost of Chainlink will be $$12,357.97. The maximum level that the LINK price can reach is $$14,750.93. The average trading price is expected around $$13,239.24.
Month
Minimum Price
Average Price
Maximum Price
January 2040
$1,633.45
$1,724.67
$1,971.12
February 2040
$2,608.40
$2,771.45
$3,132.92
March 2040
$3,583.36
$3,818.23
$4,294.72
April 2040
$4,558.32
$4,865.01
$5,456.52
May 2040
$5,533.27
$5,911.79
$6,618.32
June 2040
$6,508.23
$6,958.57
$7,780.13
July 2040
$7,483.19
$8,005.34
$8,941.93
August 2040
$8,458.14
$9,052.12
$10,103.73
September 2040
$9,433.10
$10,098.90
$11,265.53
October 2040
$10,408.06
$11,145.68
$12,427.33
November 2040
$11,383.01
$12,192.46
$13,589.13
December 2040
$12,357.97
$13,239.24
$14,750.93
Chainlink Price Prediction 2050
After the analysis of the prices of Chainlink in previous years, it is assumed that in 2050, the minimum price of Chainlink will be around $$17,909.92. The maximum expected LINK price may be around $$20,797.74. On average, the trading price might be $$18,797.95 in 2050.
Month
Minimum Price
Average Price
Maximum Price
January 2050
$12,820.63
$13,702.47
$15,254.83
February 2050
$13,283.30
$14,165.69
$15,758.73
March 2050
$13,745.96
$14,628.92
$16,262.63
April 2050
$14,208.62
$15,092.14
$16,766.53
May 2050
$14,671.28
$15,555.37
$17,270.43
June 2050
$15,133.95
$16,018.60
$17,774.34
July 2050
$15,596.61
$16,481.82
$18,278.24
August 2050
$16,059.27
$16,945.05
$18,782.14
September 2050
$16,521.93
$17,408.27
$19,286.04
October 2050
$16,984.60
$17,871.50
$19,789.94
November 2050
$17,447.26
$18,334.72
$20,293.84
December 2050
$17,909.92
$18,797.95
$20,797.74
Chainlink is a decentralized oracle network that was built on Ethereum. Its token LINK is an ERC-677 token, which is an extension of ERC-20. The Chainlink network is used to facilitate secure and reliable transfer of data between off-chain sources and on-chain smart contracts.
Chainlink (LINK) tokens are what feeds the data from off-chain sources to smart contracts. LINK tokens can be stored in any ERC-20-compatible digital wallets, as the ERC-677 standard has the same functionality as the ERC-20 one.
The network is supported by a large number of data providers, node operators, security auditors, smart contract developers, and many others. Chainlink promises decentralized participation for all users that interact with the platform — anyone can become a node operator on the network.
Chainlink’s new whitepaper, which was posted back in April 2021, outlined some new features and capabilities of the network, including but not limited to:
crypto-economic staking;off-chain computation;numerous privacy-preserving features.
Chainlink is a rather special project. It was one of the first networks that allowed off-chain data to be transferred to on-chain smart contracts, and its innovative nature has attracted quite a lot of partners and data providers, such as Huobi.
Who are Chainlink competitors?
As a cryptocurrency, Chainlink technically competes against the entire cryptocurrency market. As a project, however, Chainlink doesn’t have that many competitors — the three main ones are Band Protocol, API3, and WINKlink.
As the main purpose of oracle networks, such as Chainlink and those three mentioned above, is connecting other projects, making them compatible with each other and the real world, the most important metric for them is the number of acquired partners. And Chainlink is far ahead of its competition: it has ten times as many partnerships and integrations as those three combined. It is undoubtedly the number one oracle network.
Chainlink Price Analysis
Now, let’s take a look at Chainlink price history.
Chainlink is unique as it doesn’t follow the usual altcoin price movements. It didn’t have an explosive start like many other smaller coins or tokens, and it managed to recover from the sell-off that followed its first mooning.
LINK had been unable to overcome the $5 price level for almost two years, actually spending most of that time stuck below the $1 mark. Its first big break came in the summer of 2020: Chainlink managed to hit $19 in August. After that, LINK went through a brief correction period and started rising again at the beginning of 2021.
Chainlink price in 2021 followed the crypto market, rising in mid-spring, reaching its peak in early May, and then slowly but surely declining back to its pre-mooning numbers. However, unlike many other coins and tokens, LINK managed to recover, hovering around the $26 mark now. The current Chainlink price is $27.
Market Predictions
Let’s take a look at what industry experts think about Chainlink (LINK) price and its future. Here’s the result of TradingView’s Chainlink technical analysis.
Source: tradingview.com
TradingView has a bullish outlook on the token, giving it a “Buy” signal. According to their Chainlink price forecast, this cryptocurrency still has room for growth. Their technical analysis shows that LINK is going to rise in the future.
Gov Capital is also bullish on this token: according to their Chainlink price prediction, LINK has a potential to reach $215 in the next few years. Many other experts, including the ones at Trading Beasts and Wallet Investor, have less optimistic price predictions, but their LINK forecasts are still overall positive — they expect the token to continue rising both in the short and the long term.
Please enable JavaScript in your browser to complete this form.
Can’t load widget
FAQ
Will Chainlink ever reach $100?
A hundred dollars is actually a rather achievable price for Chainlink. Some experts are predicting that it will hit double that in the next few years, though most don’t see it rising that high. We think that a $100 peak is possible for LINK, but the token is unlikely to stay at that price level for long.
Can Chainlink reach $1,000?
Well, it technically can, but we think that Chainlink price is unlikely to ever reach $1,000. It will require the token’s price to be able to comfortably stay at the very least at the $100-300 price level, which currently seems unachievable.
Can Chainlink reach $10,000?
While everything is possible, it is highly unlikely that the price of Chainlink will ever reach $10,000 — not even the most optimistic LINK price predictions expect that.
Is Chainlink a good investment in 2021 and 2022?
Chainlink is a good investment for both the short and the long term. Most Chainlink price predictions expect this token to rise in the near future and stay strong in the next few years, so it seems to be a profitable investment.
How much will Chainlink be worth?
It’s hard to say how much exactly Chainlink (LINK) will be worth in the future, but we expect it to strengthen its position and not only rise back up to the $50 price level, but also to possibly cross the $100 mark.
Is Chainlink better than Ethereum?
Chainlink and Ethereum are both good projects and good investment options, but Ethereum is slightly better. However, as Ethereum price is unlikely to experience drastic price movements, Chainlink (LINK) will be a better choice if you want to add a “high reward, high risk” type of asset to your portfolio.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
The post Chainlink Price Prediction appeared first on Cryptocurrency News & Trading Tips – Crypto Blog by Changelly.
Cryptocurrency News & Trading Tips – Crypto Blog by Changelly