Key Chainlink Predictions
Featured prediction **Oct 17th**
- Chainlink will likely consolidate in the remainder of 2024. A buy opportunity might be offered if LINK drops to $9 between August and October 2024. If this 25% Fibonacci levels holds, it might offer a buy opportunity for 2025. InvestingHaven’s Chainlink price forecast 2025: $21 to $31.
Chainlink predictive model:
- Latest predictive research insights indicate Chainlink in 2024 may have a resistance level at $10.21 and support at $0.65. With an average projected price of $2.83666667, from today’s price of $11.8905428, if LINK drops closer to the lows of the year, it would represent a buy opportunity.
Chainlink predictions by experts:
- 5 Chainlink experts predict that LINK’s price could range from $25 to $30 on the medium term, $48 to $100 long term. They expect significant growth driven by technical analysis, Chainlink’s dominance in DeFi and enterprise adoption, and the expansion of Cross-Chain Interoperability Protocol.
Table of contents
InvestingHaven’s LINK forecasts
InvestingHaven’s Chainlink Forecast 2024
InvestingHaven’s Chainlink price forecast for 2024 is based on the bullish cup and handle chart formation. Chainlink should drop to its 25% retracement level $9.49 late summer 2024. Provided this levels holds, it will offer a buy opportunity for long term investors.
October 9th – Chainlink hit double resistance, as seen the daily LINK chart. Our prediction for LINK to consolidate in the ‘buy the dip’ area in 2024 after which it takes off in 2025.
InvestingHaven’s Chainlink Forecast 2025
The chart above suggests that Chainlink is starting to work on the ‘handle’ part of the ‘cup and handle’.
InvestingHaven’s forecaster has a bullish LINK forecast 2025. If the $9.49 area holds strong on a 3-week closing basis, LINK will resolve higher in 2025. The current long term bullish chart pattern has bullish targets in the $21 to $31 area, if exceeded $48 is a stretched target for 2025.
October 9th – The long term profile of Chainlink continues to improve for as long as it consolidates in its wide and long ‘buy the dip’ area. Our bullish 2025 LINK targets are in tact, the stretched 2025 target as well.
Whether Chainlink can hit $100 in 2025 is unlikely to occur. However, Chainlink’s streteched price target, before 2030, might be in the $90 to $100 area.
Can Chainlink ever hit $100? Read InvestingHaven’s in-depth analysis.
What are reputable experts predicting?
- Michael van de Poppe, CEO of MN Trading, predicts LINK could reach $25 to $30 due to its strong performance during Bitcoin downswings and anticipated increases in trading volume. He bases his prediction on technical analysis and market trends.
- VirtualBacon, a popular cryptocurrency analyst and YouTuber, forecasts that LINK could hit $100 by the end of 2025. His prediction is based on Chainlink’s dominance in DeFi, tokenization, and enterprise adoption.
- Sergey Nazarov, co-founder of Chainlink, expects LINK’s value to rise significantly as Chainlink’s Cross-Chain Interoperability Protocol (CCIP) expands and gains adoption. He highlights Chainlink’s role in decentralized finance and real-world asset tokenization as key drivers of future growth.
- Avivah Litan, VP Analyst at Gartner Research, is bullish on LINK, expecting it to reach $48 by 2030. She bases her prediction on Chainlink’s strong fundamentals and expanding use cases in smart contracts and data feeds.
- Taki Tsaklanos, analyst at InvestingHaven.com, the first person to publish crypto forecasts in the public domain, expect significant growth for Chainlink, driven by favorable macro crypto market trends and a solid LINK chart. He sees a test of ATH occurring not later than 2026, has a stretched upside target of $90 in case of a breakout above ATH.
These experts provide a range of perspectives, from highly bullish to ‘simply’ bullish, reflecting the various factors influencing Chainlink’s potential future price.
How many multi-baggers did we hit in the recent bull run? From 3x to 30x, the successes are impressive.
Forecasting Chainlink New All-Time Highs
According to predictive research, the probability of a new ATH in Chainlink is reasonable. Chainlink is expected to print new all-time highs in the period mid-2025 to mid-2026, with readings around $48. In case ATH are exceeded, then the $75 area (maybe $90) will be a stretched target.
Chainlink Price Drop Prediction
Markets don’t move in straight lines. A drop in Chainlink’s price is healthy provided support levels are respected. An Chainlink price drop is expected during the seasonally weak period August to October 2024. An Chainlink price drop will be ‘bullish’ provided the 25% Fibonacci level of $9.49 will be respected.
| LINK price drop | Fibonacci | Outcome | Prediction |
|---|---|---|---|
| $22.20 | 25% | N/A | N/A |
| $16.91 | 38.2% | N/A | N/A |
| $12.86 | 50% | Bullish | High probability |
| $9.49 | 38.2% | Bullish | High probability |
| Below $9 | 75% | Bearish | Low probability |
TIP – One of the best kept secrets of whales is that they love to buy low. The general public tends to be afraid when prices drop. Remember, a Chainlink price drop is not a bad thing as long as bullish Fibonacci levels are respected.
Question – Why is Chainlink falling in 2024? Because LINK is experiencing a large consolidation period. Arguably, this consolidation is part of a long term bullish ABCD pattern. Long term, this is a good thing, as a Chainlink strong secular uptrend requires a long consolidation between 2 bull runs.
Our latest CHAINLINK blogs. Read them here >>
LINK prediction tomorrow
Chainlink price prediction tomorrow
Today, Chainlink trades at 11.8905428. Tomorrow, October 23, 2024, LINK is forecasted to move to 11.86, a change of -0.26%.
Chainlink Price Predictions Day-by-day
Over the next 30 days, Chainlink is predicted to see a price range between $0.83 and $10.21.The average price point is $5.82 for Chainlink.
| LINK prediction | Minimum | Average | Maximum |
|---|---|---|---|
| October 23, 2024 | $11.03 | $12.95 | $12.95 |
| October 24, 2024 | $11.33 | $13.29 | $13.29 |
| October 25, 2024 | $11.44 | $13.41 | $13.41 |
| October 26, 2024 | $11.51 | $13.47 | $13.47 |
| October 27, 2024 | $11.54 | $13.51 | $13.51 |
| October 28, 2024 | $12.17 | $14.3 | $14.3 |
| October 29, 2024 | $12.5 | $14.69 | $14.69 |
| October 30, 2024 | $12.62 | $14.83 | $14.83 |
| October 31, 2024 | $12.69 | $14.9 | $14.9 |
| November 1, 2024 | $12.72 | $14.94 | $14.94 |
| November 2, 2024 | $13.45 | $15.83 | $15.83 |
| November 3, 2024 | $13.8 | $16.27 | $16.27 |
| November 4, 2024 | $13.93 | $16.42 | $16.42 |
| November 5, 2024 | $13.99 | $16.49 | $16.49 |
| November 6, 2024 | $14.04 | $16.52 | $16.52 |
| November 7, 2024 | $14.89 | $17.55 | $17.55 |
| November 8, 2024 | $15.25 | $18.02 | $18.02 |
| November 9, 2024 | $15.39 | $18.18 | $18.18 |
| November 10, 2024 | $15.45 | $18.24 | $18.24 |
| November 11, 2024 | $15.48 | $18.27 | $18.27 |
| November 12, 2024 | $16.47 | $19.46 | $19.46 |
| November 13, 2024 | $16.83 | $19.92 | $19.92 |
| November 14, 2024 | $16.97 | $20.12 | $20.12 |
| November 15, 2024 | $17.03 | $20.17 | $20.17 |
| November 16, 2024 | $17.06 | $20.19 | $20.19 |
| November 17, 2024 | $18.2 | $21.56 | $21.56 |
| November 18, 2024 | $18.52 | $21.99 | $21.99 |
| November 19, 2024 | $18.68 | $22.2 | $22.2 |
| November 20, 2024 | $18.73 | $22.25 | $22.25 |
| November 21, 2024 | $18.75 | $22.26 | $22.26 |
What are predictive models forecasting?
Chainlink Price Prediction 2025
For 2025, Chainlink (LINK) is forecasted to hold steady with a support price of $26.47 and a resistance price of $39.58. The average price is anticipated to be $30.32, indicating a year of stability and moderate growth potential from its 2024 levels.
So, what will 1 Chainlink be worth in 2025? This is the price prediction for Chainlink in 2025: $30.32. This is the LINK average forecasted price in 2025, i.e. the mid-point of the forecasted price range in 2025, according to Chainlink’s predictive model.
| LINK prediction | Minimum | Average | Maximum |
|---|---|---|---|
| 2025 | $26.47 | $39.58 | $39.58 |
[Editorial note] InvestingHaven’s forecaster partially disagrees with the predictive model
InvestingHaven’s forecaster disagrees specifically and only with the predicted support level from the predictive model but also with the average price in 2024: he expects a deeper pullback in 2024 (towards $11) and a lower average price. This might offer a great buy opportunity for investors who exercise patience to buy the dip.
This is Chainlink’s price prediction generated by the predictive model (AI)
Chainlink Predictions till 2030 – Annual Highs & Lows
Experts forecast significant fluctuations for Chainlink between now and 2030. Chainlink predictions indicate a minimum price of $10.61 and maximum of $39.58. This represents an opportunity for long term buy-and-hold investors but more so for investors speculating on swings to maximize the number of Chainlink tokens over time.
| LINK prediction | Minimum | Average | Maximum |
|---|---|---|---|
| LINK price 2024 | $10.61 | $37.46 | $37.46 |
| LINK price 2025 | $26.47 | $39.58 | $39.58 |
| LINK price 2026 | $28.18 | $39.26 | $39.26 |
| LINK price 2027 | $27.58 | $39.39 | $39.39 |
| LINK price 2028 | $28.25 | $38.74 | $38.74 |
| LINK price 2029 | $28.35 | $36.8 | $36.8 |
LINK Price Prediction 2026
In 2026, Chainlink price predictions suggest a support level at $28.18 and a maximum resistance level at $39.26. The average expected price is $32.7, indicating long term momentum for Chainlink investments.
| LINK prediction | Minimum | Average | Maximum |
|---|---|---|---|
| 2026 | $28.18 | $39.26 | $39.26 |
LINK Price Prediction 2027
By 2027, Chainlink is anticipated to reach a minimum price of $27.58 and could climb to a maximum price of $39.39. The average price throughout the year is expected to remain around $31.69, reflecting sustained market strength.
| LINK prediction | Minimum | Average | Maximum |
|---|---|---|---|
| 2027 | $27.58 | $39.39 | $39.39 |
Current Chainlink Price
Chainlink price, trading, market cap (source):
| Symbol: LINK |
| Name: Chainlink |
| Price: $11.89054280 |
| Circulating supply: 626849970.45279000 |
| Total supply: 1000000000.00000000 |
| Volume 24h: 226609962.62916000 |
| Percent change 1h: -0.195% |
| Market cap: 7453586401.29440000 |
Chainlink Historical Prices
2017: Chainlink origins
In 2017, Chainlink emerged as a solution to the oracle problem in blockchain technology. Its native token, LINK, made its debut trading at around $0.16 per coin. The project garnered attention for its innovative approach to smart contracts, laying the groundwork for growth and development. Oracles basically provide a way for Web3 protocols to interact with legacy Web2 protocols with off-chain data, so they have tremendous utility value.
2018: Market volatility
Like many cryptocurrencies, Chainlink faced volatility in 2018. Prices fluctuated between $0.20 and $0.50 per LINK, reflecting the speculative nature of the market. At that time, coins were heavily correlated with BTC price movements, though this correlation has lessened somewhat in recent times. Most other cryptos had a volatile year in 2018, but Chainlink continued to build partnerships.
2019: Mainnet launch
In 2019, Chainlink achieved a major milestone with the launch of its mainnet. Prices surged, reaching over $4 per LINK, as the project gained traction among developers and decentralized application (dApp) creators. Chainlink’s decentralized oracle network offered a reliable solution for connecting smart contracts with real-world data. This drove demand for its native token.
2020: DeFi boom
The year 2020 witnessed a boom in decentralized finance, with Chainlink playing a crucial role as the leading oracle provider. Prices skyrocketed, surpassing $20 per LINK, as demand for reliable data feeds surged. Chainlink’s integration with various DeFi protocols cemented its position as a key infrastructure provider in the rapidly growing ecosystem.
2021: Expansion and adoption
In 2021, Chainlink continued to expand its reach and adoption across various industries. Prices climbed to over $50 per LINK, propelled by partnerships with major enterprises and the integration of its Oracle technology into diverse use cases, including supply chain management, insurance, and gaming. The growing demand for decentralized and tamper-proof data feeds fueled LINK’s upward trajectory.
2022: LINK price declines
After the rapid gains of the previous year, Chainlink experienced a market correction in 2022. Prices retraced to around $20 to $30 per LINK, as investors took profits and market sentiment shifted. However, Chainlink’s fundamentals remained strong, with ongoing development efforts and strategic partnerships supporting growth prospects.
2023: Resilience and innovation
In 2023, prices decreased to under $10 per LINK, though the project continued to expand its ecosystem and improve its Oracle technology. Chainlink’s decentralized oracle networks became increasingly integral to the functioning of smart contracts across various blockchain platforms, driving demand for its native token.
FAQs
What does the future hold for Chainlink (LINK)?
Chainlink’s continued expansion into new verticals, such as decentralized finance, gaming, and enterprise solutions, solidified its position as a leading infrastructure provider in the decentralized space. With continued institutional adoption, Chainlink (LINK) is set for new ATH at $75.
Will Chainlink (LINK) go up or down?
According to predictive research outlined on this page, Chainlink is expected to drop in 2024 around September / October after which it will go up in 2025 and 2026. This prediction is derived from a broad number of forecasters and industry analysts.
Is Chainlink (LINK) bullish?
Chainlink developed its ecosystem tremendously. It had many partnerships with firms like Telecom giant Telefonica, Vodaphone, and ANZ. The SWIFT banking protocol launched a series of experiments with Chainlink. As the demand for secure and reliable data feeds continues to grow, Chainlink remains at the forefront of innovation.
What will Chainlink (LINK) be worth in 3 years from now?
The value of Chainlink (LINK) is expected to rise over a period of 3 years, although with ups and downs. Chainlink should be move higher in the coming three years, getting closer to all-time highs in 3 years from now.
Will Chainlink (LINK) ever reach $50?
It’s a real possibility for Chainlink (LINK) to reach $50, former all-time highs. Bull market conditions are required for this. Chainlink may touch $50 in the period mid-2025 to mid-2026. Pre-requisite: LINK has to clear resistance at $31 after which a relatively easy and quick ride to $50 is expected.
Will Chainlink (LINK) ever reach $1,000?
A rise in the price of Chainlink from the current $11.8905428 to $1,000 is impossible to occur this decade. Chainlink would be valued $5.8 trillion, which is many multiples higher than BTC currently. It may happen after 2030, but investors should not count on such a sky-high valuation.
What will Chainlink (LINK) be worth in 2030?
The highest price point that Chainlink (LINK) potentially can reach on or before 2030 is $75 to 100. However, it is not a given that Chainlink will exceed its current ATH. Arguably, a test of ATH or even the best case outcome around $75 should occur in the period 2026-2027.
Disclaimer: The information presented in this article is for informational purposes only and does not constitute financial or investment advice. All opinions are those of the author and should not be interpreted as specific trading or investment recommendations. We do not guarantee the completeness, accuracy, or reliability of this content. Cryptocurrency markets are highly volatile and can experience unpredictable fluctuations. Readers are encouraged to conduct their own research, consider multiple perspectives, and understand local regulations before making any investment decisions.
