Bitcoin Cash

Resistance

Chainlink

Status

Time

<ul class="wp-block-list"> 
 <li><strong>Bullish LINK price prediction for 2024 is $12.40 to $20.72.</strong></li> 
 <li><strong>Chainlink (LINK) price might reach $25 soon.</strong></li> 
 <li><strong>Bearish LINK price prediction for 2024 is </strong><strong>$5.79</strong><strong>.</strong></li> 
</ul> 
<p>In this Chainlink (LINK) <a href="https://thenewscrypto.com/markets/price-prediction/" target="_blank" rel="noreferrer noopener">price prediction</a> 2024, 2025-2030,&nbsp;we will analyze the price patterns of LINK by using accurate trader-friendly technical analysis indicators and predict the future movement of the <a href="https://thenewscrypto.com/tag/cryptocurrency/" target="_blank" rel="noreferrer noopener">cryptocurrency</a>.</p> 
<figure class="wp-block-table aligncenter">
 <table>
  <tbody>
   <tr>
    <td><strong>
      <div align="center">
       TABLE OF CONTENTS
      </div></strong></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      INTRODUCTION
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Chainlink (LINK) Current Market Status</li>
      <li>What is Chainlink (LINK)?</li>
      <li>Chainlink (LINK) 24H Technicals</li>
     </ul></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      CHAINLINK (LINK) PRICE PREDICTION 2024
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Chainlink (LINK) Support and Resistance Levels</li>
      <li>Chainlink (LINK) Price Prediction 2024 — RVOL, MA &amp; RSI</li>
      <li>Chainlink (LINK) Price Prediction 2024 — ADX, RVI</li>
      <li>Comparison of LINK with BTC, ETH</li>
     </ul></td>
   </tr>
   <tr>
    <td>CHAINLINK (LINK) PRICE PREDICTION 2025, 2026-2030</td>
   </tr>
   <tr>
    <td>CONCLUSION</td>
   </tr>
   <tr>
    <td>FAQ</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="h-chainlink-link-current-market-status">Chainlink (LINK) Current Market Status</h2> 
<figure class="wp-block-table is-style-regular"> 
 <table> 
  <tbody style="box-shadow: 0px 2px 4px rgb(3 4 28 / 50%);"> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Current Price</td> 
    <td style="border: 1px solid #01557b;">$11.34</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">24 – Hour Price Change</td> 
    <td style="border: 1px solid #01557b;">6.36% Down</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">24 – Hour Trading Volume</td> 
    <td style="border: 1px solid #01557b;">$280.80M</td> 
   </tr> 
   <tr> 
    <td style="border: 1px solid #01557b;">Market Cap</td> 
    <td style="border: 1px solid #01557b;">$7.13B</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Circulating Supply</td> 
    <td style="border: 1px solid #01557b;">626.85M LINK</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">All – Time High</td> 
    <td style="border: 1px solid #01557b;">$52.88 (On May 10, 2021) &nbsp;</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">All – Time Low</td> 
    <td style="border: 1px solid #01557b;">$0.1263 (On Sep 24, 2017) &nbsp;</td> 
   </tr> 
  </tbody> 
 </table> <em>
  <figcaption class="wp-element-caption" style="text-align: center;">
   LINK Current Market Status (Source: <a href="https://coinmarketcap.com/currencies/chainlink/" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap</a>)
  </figcaption></em> 
</figure> 
<h2 class="wp-block-heading" id="what-is-chainlink-link">What is Chainlink (LINK)</h2> 
<figure class="wp-block-table is-style-stripes">
 <table>
  <tbody>
   <tr>
    <td><strong>TICKER</strong></td>
    <td>LINK</td>
   </tr>
   <tr>
    <td><strong>BLOCKCHAIN</strong></td>
    <td>Chainlink</td>
   </tr>
   <tr>
    <td><strong>CATEGORY</strong></td>
    <td>Public blockchain platform</td>
   </tr>
   <tr>
    <td><strong>LAUNCHED ON</strong></td>
    <td>September 2017</td>
   </tr>
   <tr>
    <td><strong>UTILITIES</strong></td>
    <td>Governance, Fast Transactions, gas fees &amp; rewards</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p><a href="https://thenewscrypto.com/chainlink-link-market-in-turmoil-whales-dump-2-6m-on-binance/" target="_blank" rel="noreferrer noopener">Chainlink</a> is a blockchain-based cryptocurrency network. Chainlink provides a link between the real world and smart contracts. Multiple subcontracts can be generated in Chainlink, which also takes data from only the most trusted nodes and oracles for premium accuracy.</p> 
<p>Moreover, LINK is the digital belonging token used to pay for services on the Chainlink network. LINK can be bought and sold for traditional currency or other digital currencies. Through <a href="https://thenewscrypto.com/exchange-news/" target="_blank" rel="noreferrer noopener">cryptocurrency exchanges</a>, LINK can be purchased and stored in a crypto wallet and custodian like Gemini.</p> 
<h3 class="wp-block-heading" id="chainlink-24h-technicals">Chainlink 24H Technicals</h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" width="1024" height="425" src="https://thenewscrypto.com/wp-content/uploads/2024/10/image-118-1024x425.png" alt="" class="wp-image-112493" srcset="https://thenewscrypto.com/wp-content/uploads/2024/10/image-118-1024x425.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/10/image-118-300x125.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/10/image-118-768x319.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/10/image-118.png 1519w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   <em>(Source: </em><a href="https://www.tradingview.com/symbols/LINKUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<h2 class="wp-block-heading" id="chainlink-link-price-prediction-2024">Chainlink (LINK) Price Prediction 2024</h2> 
<p>Chainlink (LINK) ranks 14th on CoinMarketCap in terms of its market capitalization. The overview of the Chainlink price prediction for 2024 is explained below with a daily time frame.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/a6WOBvdr/" alt="">
  <figcaption class="wp-element-caption">
   <em>LINK/USDT Horizontal Channel Pattern (Source: </em><a href="https://www.tradingview.com/symbols/LINKUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>In the above chart, Chainlink (LINK) laid out a horizontal channel pattern. A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contract points. This is because it needs at least two lows to connect, as well as two highs. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points. The longer the horizontal channel, the stronger the exit movement will be. There is frequently a price on the channel after exit. the exit often occurs at the fourth contact point on one of the horizontal channel’s lines.</p> 
<p>At the time of analysis, the price of Chainlink (LINK) was recorded at $11.37. If the pattern trend continues, then the price of LINK might reach the resistance level of $13.05, and $18.39. If the trend reverses, then the price of LINK may fall to the support of $11.10, and $9.40.</p> 
<h2 class="wp-block-heading" id="chainlink-link-resistance-and-support-levels">Chainlink (LINK) Resistance and Support Levels</h2> 
<p>The chart given below elucidates the possible resistance and support levels of Chainlink (LINK) in 2024.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/lufTdixe/" alt="">
  <figcaption class="wp-element-caption">
   <em>LINK/USDT Resistance and Support Levels (Source: </em><a href="https://www.tradingview.com/symbols/LINKUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the above chart, we can analyze and identify the following as resistance and support levels of Chainlink (LINK) for 2024.</p> 
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td>Resistance Level 1</td>
    <td>$12.40</td>
   </tr>
   <tr>
    <td>Resistance Level 2</td>
    <td>$20.72</td>
   </tr>
   <tr>
    <td>Support Level 1</td>
    <td>$8.29</td>
   </tr>
   <tr>
    <td>Support Level 2</td>
    <td>$5.79</td>
   </tr>
  </tbody>
 </table>
 <figcaption class="wp-element-caption">
  <em>LINK Resistance &amp; Support Levels</em>
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="chainlink-link-price-prediction-2024-rvol-ma-and-rsi">Chainlink (LINK) Price Prediction 2024 — RVOL, MA, and RSI</h2> 
<p>The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Chainlink (LINK) are shown in the chart below.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/EIe2d8QY/" alt="">
  <figcaption class="wp-element-caption">
   <em>LINK/USDT RVOL, MA, RSI (Source: </em><a href="https://www.tradingview.com/symbols/LINKUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the readings on the chart above, we can make the following inferences regarding the current Chainlink (LINK) market in 2024.</p> 
<figure class="wp-block-table is-style-stripes">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>50-Day Moving Average (50MA)</td>
    <td>Nature of the current trend by comparing the average price over 50 days</td>
    <td>50 MA = $11.44<br>Price = $11.42<br><em>(50MA &gt; Price)</em></td>
    <td>Bearish/Downtrend</td>
   </tr>
   <tr>
    <td>Relative Strength Index (RSI)</td>
    <td>Magnitude of price change;Analyzing oversold &amp; overbought conditions</td>
    <td>50.59<br><em>&lt;30 = Oversold<br>50-70 = Neutral</em><br><em>&gt;70 = Overbought</em></td>
    <td>Neutral</td>
   </tr>
   <tr>
    <td>Relative Volume (RVOL)</td>
    <td>Asset’s trading volume in relation to its recent average volumes</td>
    <td>Below cutoff line</td>
    <td>Weak volume</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="chainlink-link-price-prediction-2024-adx-rvi">Chainlink (LINK) Price Prediction 2024 — ADX, RVI</h2> 
<p>In the below chart, we analyze the strength and volatility of Chainlink (LINK) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/0zR5n7fI/" alt="">
  <figcaption class="wp-element-caption">
   <em>LINK/USDT ADX, RVI (Source: </em><a href="https://www.tradingview.com/symbols/LINKUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the readings on the chart above, we can make the following inferences regarding the price momentum of Chainlink (LINK).</p> 
<figure class="wp-block-table is-style-stripes">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>Average Directional Index (ADX)</td>
    <td>Strength of the trend momentum</td>
    <td>18.16</td>
    <td>Weak Trend</td>
   </tr>
   <tr>
    <td>Relative Volatility Index (RVI)</td>
    <td>Volatility over a specific period</td>
    <td>44.04<br><br><em>&lt;50 = Low</em><em><br></em><em>&gt;50 = High</em></td>
    <td>Low volatility</td>
   </tr>
  </tbody>
 </table>
</figure>  
<h2 class="wp-block-heading" id="comparison-of-link-with-btc-eth">Comparison of LINK with BTC, ETH</h2> 
<p>Let us now compare the price movements of Chainlink (LINK) with that of Bitcoin (BTC), and Ethereum (ETH).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/EGfkQ4CB/" alt="">
  <figcaption class="wp-element-caption">
   <em>BTC Vs ETH Vs LINK Price Comparison (Source: </em><a href="https://www.tradingview.com/symbols/LINKUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the above chart, we can interpret that the price action of LINK is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of LINK also increases or decreases respectively.</p> 
<h2 class="wp-block-heading" id="chainlink-link-price-prediction-2025-2026-2030">Chainlink (LINK) Price Prediction 2025, 2026 – 2030</h2> 
<p>With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Chainlink (LINK) between 2025, 2026, 2027, 2028, 2029, and 2030.</p> 
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>Year&nbsp;</strong></td>
    <td><strong>Bullish Price&nbsp;</strong></td>
    <td><strong>Bearish Price</strong></td>
   </tr>
   <tr>
    <td>Chainlink (LINK) Price Prediction 2025</td>
    <td>$27</td>
    <td>$5</td>
   </tr>
   <tr>
    <td>Chainlink (LINK) Price Prediction 2026</td>
    <td>$30</td>
    <td>$4.5</td>
   </tr>
   <tr>
    <td>Chainlink (LINK) Price Prediction 2027</td>
    <td>$33</td>
    <td>$4</td>
   </tr>
   <tr>
    <td>Chainlink (LINK) Price Prediction 2028</td>
    <td>$36</td>
    <td>$3.5</td>
   </tr>
   <tr>
    <td>Chainlink (LINK) Price Prediction 2029</td>
    <td>$39</td>
    <td>$3</td>
   </tr>
   <tr>
    <td>Chainlink (LINK) Price Prediction 2030</td>
    <td>$42</td>
    <td>$2.5</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h3 class="wp-block-heading" id="conclusion">Conclusion</h3> 
<p>If Chainlink (LINK) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Chainlink (LINK) price prediction for 2024 is $20.72. Comparatively, if unfavorable sentiment is triggered, the bearish Chainlink (LINK) price prediction for 2024 is $5.79.&nbsp;</p> 
<p>If the market momentum and investors’ sentiment positively elevate, then Chainlink (LINK) might hit $25. Furthermore, with future upgrades and advancements in the Chainlink ecosystem, LINK might surpass its current all-time high (ATH) of $52.88. and mark its new ATH.&nbsp;</p> 
<h2 class="wp-block-heading" id="faq">FAQ</h2> 
<h4 class="wp-block-heading">1. What is Chainlink (LINK)?</h4> 
<p>Chainlink (LINK) is the native cryptocurrency of the Chainlink network. It was launched as an ERC-20 token in September 2017. Chainlink is an open-source decentralized oracle network that integrates off-chain data with smart contracts.</p> 
<h4 class="wp-block-heading">2. Where can you purchase Chainlink (LINK)?</h4> 
<p>Chainlink (LINK) has been listed on many crypto exchanges, which include Binance, BlueBit, OKX, Zedcex Exchange, and Bybit.</p> 
<h4 class="wp-block-heading">3. Will Chainlink (LINK) reach a new ATH soon?</h4> 
<p>With the ongoing developments and upgrades within the Chainlink platform, LINK has a high possibility of reaching its ATH soon.</p> 
<h4 class="wp-block-heading">4. What is the current all-time high (ATH) of Chainlink (LINK)?</h4> 
<p>On May 10, 2021, Chainlink (LINK) reached its new all-time high (ATH) of&nbsp; $52.70.</p> 
<h4 class="wp-block-heading">5. What is the lowest price of Chainlink (LINK)?</h4> 
<p>According to CoinMarketCap, LINK hit its all-time low (ATL) of $0.1263 on September 23, 2017.</p> 
<h4 class="wp-block-heading">6. Will Chainlink (LINK) reach $25?</h4> 
<p>Chainlink (LINK) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Chainlink (LINK) will hit $25 soon.</p> 
<h4 class="wp-block-heading">7. What will be Chainlink (LINK) price by 2025?</h4> 
<p>Chainlink (LINK) price is expected to reach $27 by 2025.</p> 
<h4 class="wp-block-heading">8. What will be Chainlink (LINK) price by 2026?</h4> 
<p>Chainlink (LINK) price is expected to reach $30 by 2026.</p> 
<h4 class="wp-block-heading">9. What will be Chainlink (LINK) price by 2027?</h4> 
<p>Chainlink (LINK) price is expected to reach $33 by 2027.</p> 
<h4 class="wp-block-heading">10. What will be Chainlink (LINK) price by 2028?</h4> 
<p>Chainlink (LINK) price is expected to reach $36 by 2028.</p> 
<p><br><strong>Top Crypto Predictions</strong></p> 
<p><a href="https://thenewscrypto.com/jupiter-jup-price-prediction/" target="_blank" rel="noreferrer noopener">Jupiter (JUP) Price Prediction&nbsp;</a></p> 
<p><a href="https://thenewscrypto.com/immutable-imx-price-prediction/" target="_blank" rel="noreferrer noopener">Immutable (IMX) Price Prediction</a></p> 
<p><a href="https://thenewscrypto.com/pepe-pepe-price-prediction/" target="_blank" rel="noreferrer noopener">Pepe (PEPE) Price Prediction</a></p> 
<p class="has-medium-font-size"><em><strong>Disclaimer:</strong> The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.</em></p>

Chainlink (LINK) Price Prediction 2024, 2025, 2026-2030

Table of Contents

TheNewsCrypto

Other articles published on Aug 1, 2023

Richard Heart Under the SEC’s Radar; Sued for Unregistered Sales

Shiba Inu (SHIB) Whale Transactions Jump 197% in 24 Hours

Crypto.com Secures Registration Approval in Netherlands

Bitcoin bull run next? Bitfinex stablecoin ratio ‘blows up’ in 2023

The Dogecoin Surge: Crypto Trading

Is Tether the Safest Stablecoin To Store Your Crypto? Tradecurve Skyrockets, Hits $4Million

Join our free newsletter for daily crypto updates!