Chainlink Price Prediction 2024 – 2030: Will LINK Prices Reach To $100?

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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

CryptocurrencyN/A
TokenLINK
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 HighComing soon
24 LowComing Soon

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. 

MONTHPotential LowPotential AveragePotential 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.

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. 

YearPotential LowPotential AveragePotential High
2024$8$34$60

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.

YearPOTENTIAL LOW ($)POTENTIAL AVERAGE ($)POTENTIAL HIGH ($)
2026107.3118.25129.2
2027139.99150.18160.37
2028174.59183.74192.89
2029182.1203.84225.58
2030213.1233.305253.51

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.

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.

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.

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.

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

Experts20242025
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.

YearPotential LowPotential AveragePotential High
2024$8$34$60

Historical Market Sentiments

chainlink price history

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

What are Chainlink Oracles?

Chainlink Oracles are bridges that allow several blockchains to interact with off-chain resources such as market data.

What was the initial price of Chainlink (LINK)?

The initial price of Chainlink (LINK) at the ICO was $0.11.

What is the all-time low (ATL) price of Chainlink (LINK)?

The all-time low price of Chainlink was $0.1263 on September 23, 2017.

What is the all-time high (ATH) price of Chainlink (LINK)?

The all-time high price of Chainlink was $52.88 on May 10, 2021.

What is the year-to-date (YTD) performance of Chainlink (LINK)?

Chainlink has a year-to-date (YTD) drop of 13%.

What are chainlink tokens used for?

Chainlink tokens called LINK serve as currency to pay Chainlink network operators for retrieving and preparing off-chain data and performing computations.

Is Chainlink a profitable investment for the long term?

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.

How high could the LINK price reach by the end of 2024?

LINK price could close the annual trade for 2024 with a price tag of $12.73.

What would be the feasible average price of LINK by the end of 2025?

LINK price could trade at an average price of  $103.13 by the end of 2025.

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