Bitcoin

Chainlink price prediction 2025-2031: A strong buy sentiment for LINK?

Key takeaways:

  • Chainlink could reach a maximum value of $32.94 in 2025.
  • By 2028, LINK could reach a maximum price of $102.75.
  • In 2031, Chainlink will range between $256.84 to $319.36.

Chainlink (LINK) emerged as a prominent player in the cryptocurrency market. It provides a decentralized oracle network that connects smart contracts with real-world data. As the adoption of decentralized finance (DeFi), and blockchain technology continues to grow, Chainlink’s innovative solutions have attracted significant attention from investors, and developers alike.

Chainlink continues to expand its reach, and utility across the blockchain ecosystem, showcasing its robust integration capabilities. Recent updates highlight 14 new integrations of 5 Chainlink services across 10 different blockchain platforms, including prominent names like Arbitrum, Avalanche, and Ethereum. These integrations enhance Chainlink’s network and solidify its position as a critical player in decentralized applications’ interoperability and functionality.

Understanding Chainlink’s potential price movements involves analyzing market trends, technological advancements, partnerships, and overall market sentiment. This chainlink price history prediction aims to provide insights into its future performance by examining technical analysis, and fundamental aspects that could influence its value.

Overview

Cryptocurrency Chainlink
Token LINK
Price $20.45
Market Cap $13.05B
Trading Volume $1.64B
Circulating Supply 638.09M LINK
All-time High $52.88  May 09, 2021
All-time Low $0.1263 Sep 23, 2017
24-hour High $21.98
24-hour Low $18.28

Chainlink price prediction: Technical analysis

Metric Value
Price prediction $ 21.69  (7.70%)
Volatility 9.40%
50-day SMA $ 22.91
14-day RSI 44.84
Sentiment Bearish
Fear & Greed Index 72 (Greed
Green days 16/30 (53%)
200-day SMA $ 16.04

Chainlink price analysis: LINK Dips Below $20 Amid Market Volatility

Key Takeaways

  • Chainlink price analysis shows LINK is hovering near $20.
  • Failure to hold $19 may trigger a drop toward $16, a critical psychological level.
  • Reclaiming the Bollinger Band midline could spark a recovery toward $27.70.

Chainlink price analysis on February 5th shows  LINK experienced sharp price swings, dropping to $16, earlier in Monday’s session before rebounding above $20. Despite this recovery, the cryptocurrency remains under pressure, with whale selloffs and broader market trends fueling uncertainty. Traders are now closely watching support levels as the market remains volatile.

LINK price is hovering near $20.0, marking a 2.5% drop over the past 24 hours. The day’s trading range has been tight, with an intraday low of $19.37 and a high of $21.26. Recent selloffs by large stakeholders, or whales, contributed to the downward pressure, while overall sentiment in the cryptocurrency market remains cautious.

However, data from Santiment revealed encouraging signs for LINK. Heavy on-chain activity occurred near the $20 mark, with significant dip-buying by key stakeholders. This accumulation indicates that some investors see value in LINK at current levels, even as others remain hesitant.

Chainlink Daily Chart Analysis: LINK Faces Key Support at $19

The Chainlink (LINK) daily chart shows significant price volatility as the cryptocurrency trades near the key support levels. The Bollinger Bands indicate a widening range, suggesting increased market volatility. Currently, LINK is hovering near the lower band at $19.84, which could act as immediate support.

The Relative Strength Index (RSI) is at 37.60, signaling that LINK is approaching oversold territory. This level suggests potential buying interest if the selling pressure eases. However, the RSI has not yet reversed upward, indicating bearish momentum still dominates.

Key resistance lies at the midline of the Bollinger Bands, around $23.77. A sustained move above this level could indicate a reversal toward $27.70, the upper band. Conversely, failure to hold the $19 support may push LINK toward the previous intraday low of $16.

Chainlink 4-hour chart analysis: Bearish momentum persists below key moving averages

The 4-hour chart for Chainlink (LINK) reflects continued bearish momentum as the price trades at $19.19, down 2.34% over the session. LINK remains below its key moving averages, including the 20 EMA at $20.56, 50 EMA at $21.95, 100 EMA at $22.74, and 200 EMA at $22.86, indicating a strong bearish trend.

The Relative Strength Index (RSI) is at 38.29, slightly above the oversold threshold but still signaling weak buying pressure. The RSI has not confirmed any significant reversal, suggesting limited upward momentum in the short term.

Key resistance levels are at the 20 EMA ($20.56) and the 50 EMA ($21.95). A breakout above these levels would signal a potential recovery, but such a move requires strong bullish volume. Support levels to watch are $18.97, the recent low, and $16, a key psychological level tested earlier this week.

The trend remains bearish, with the price making lower highs and failing to hold above the EMAs. Traders should look for a sustained break above the 50 EMA to consider a trend reversal. Conversely, failure to hold above $19 increases the likelihood of further downside.

Chainlink technical indicators: levels and action

Daily simple moving average (SMA)

Period Value Action
SMA 3 $ 20.61 SELL
SMA 5 $ 22.34 SELL
SMA 10 $ 23.91 SELL
SMA 21 $ 24.30 SELL
SMA 50 $ 22.91 SELL
SMA 100 $ 20.15 BUY
SMA 200 $ 16.04 BUY

Daily exponential moving average (EMA) 

Period Value Action
EMA 3 $ 22.76 SELL
EMA 5 $ 22.19 SELL
EMA 10 $ 21.83 SELL
EMA 21 $ 22.05 SELL
EMA 50 $ 21.41 SELL
EMA 100 $ 19.16 BUY
EMA 200 $ 16.89 BUY

Is Chainlink a good investment?

Chainlink (LINK) is a decentralized oracle network crucial in connecting real-world data to blockchain systems. It has gained significant traction, forming strong partnerships and expanding its presence in areas like decentralized finance (DeFi) and tokenized assets. While it holds promising long-term potential and recent trends suggest a bullish outlook, it’s important to remember that the cryptocurrency market is highly unpredictable. If you’re considering investing, research thoroughly and carefully weigh the risks.

Will Chainlink recover?

Chainlink’s price has declined recently, with minor short-term recoveries; however, the move is gradual. The general trend remains bearish as it seeks support.

Will Chainlink reach $50?

Based on long-term forecasts, Chainlink (LINK) is projected to reach $50 by 2027 as its ecosystem and user adoption continue to grow.

Will Chainlink reach $100?

Chainlink can reach $100 in the year 2028, per expert predictions.

Does Chainlink have a good long-term future?

Chainlink shows some stabilization and potential for recovery, indicating the token may have a promising long-term future.

Chainlink Recent News

Usual, the issuer of decentralized fiat-backed stablecoins USD0 and USD0++, has upgraded to the Chainlink standard to enhance the utility and liquidity of its stablecoins by leveraging Chainlink’s CCIP infrastructure, Data Feeds, and Proof of Reserve. This integration allows Usual to provide secure, real-time pricing through Chainlink’s Price Feeds, ensuring accurate market valuations derived from multiple trading environments. Additionally, the use of Chainlink’s decentralized oracle network ensures transparency, security, and efficiency in cross-chain transfers of USUAL tokens across Base and BNB Chain. By adopting Chainlink’s Proof of Reserve, Usual can continuously monitor and publicly audit the collateral backing USD0 and USD0++, improving transparency and trust within its ecosystem.

Chainlink price prediction February 2025

For February 2025, Chainlink is primed for notable growth. The minimum projected trading price is $19.10, with an average of around $21.11. LINK is expected to attain a peak price of $21.71.

Chainlink Price Prediction Potential Low Average Price  Potential High 
Chainlink price prediction February 2025 $19.10 $21.11 $21.71

Chainlink (LINK) price prediction 2025

The market price for LINK is expected to reach a maximum of $32.94 in 2025. However, traders can expect a minimum trading price of $27.63 and an expected average trading price of $28.64.

Chainlink Price Prediction Potential Low  Average Price Potential High 
Chainlink price prediction 2025 $27.63 $28.64 $32.94

Chainlink price prediction 2026-2031

Year Minimum Average Maximum
2026 $40.58 $42.01 $49.14
2027 $58.35 $60.46 $69.56
2028 $84.57 $86.99 $102.75
2029 $123.29 $127.64 $146.89
2030 $179.07 $185.45 $211.89
2031 $256.86 $264.28 $319.36

Chainlink price prediction 2026

In 2026, Chainlink is expected to reach a maximum value of $49.14, a minimum price of $40.58, and an average value of $42.01.

Chainlink price prediction 2027

In 2027, LINK’s average price is expected to be $60.46; its minimum and maximum trading prices are predicted to be $58.35 to $69.56, respectively.

Chainlink price prediction 2028

The price of Chainlink is predicted to reach a minimum level of $84.57 in 2028. LINK can reach a maximum level of $102.75, and an average price of $86.99.

Chainlink price prediction 2029

The Chainlink price prediction for 2029 suggests a minimum price of $123.29, a maximum price of $172.37, and an average forecast price of $146.89

Chainlink price prediction 2030

In 2030, Chainlink prediction expects LINK to reach a maximum value of $211.89, a minimum price of $179.07, and an average value of $185.45.

Chainlink price prediction 2031

The price of Chainlink is predicted to reach a minimum value of $256.86 in 2031. If the bulls hold, investors can anticipate a maximum price of $319.36 and an average trading price of $264.28.

Chainlink market price prediction: Analysts’ LINK price forecast

Firm 2025 2026
Gov.Capital $24.68 $58.786
DigitalCoinPrice $49.83 $58.20
CoinCodex $ 22.84 $ 73.94

Cryptopolitan’s Chainlink price prediction

According to our Chainlink price forecast, the coin’s market price might reach a maximum value of $28 by the end of 2025. In 2026, the value of LINK could surge to a maximum price of $42.

Chainlink’s historic price sentiment

Chainlink price history

Chainlink price history

  • Chainlink launched at around $0.20, staying mostly under $1 throughout 2018, with moderate market cap growth. In 2019, LINK saw substantial growth, reaching $1 in May and peaking around $3 by year-end, driven by its utility in providing reliable data feeds for smart contracts.
  • 2020 marked a breakout year as LINK surged from $2 to $20 by August, fueled by DeFi demand. In 2021, it reached an all-time high of around $52 in May but dropped to $22 by mid-year due to market volatility.
  • In 2022, LINK ranged between $15 and $25 amid broader market corrections. In 2023, it further declined, stabilizing in the $6 to $13 range as investor sentiment cooled.
  • Starting 2024 at $15, LINK briefly spiked to $18 in February before falling to $12 by April. The coin’s price has fluctuated throughout 2024, peaking near $15 in May, dropping to around $10 by August, and stabilizing between $10 and $12.28 in October. In November, LINK is trading within the range of $10.68 to $11.94. In December, LINK maintained a range of $18.43 to $30.94.
  • In January 2025, Chainlink peaked at $22.9 but lost momentum towards the end of the month, leading to a trading range of $19.20- $21.00 in February.

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