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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/chainlink-link-price-predictions-is-it-time-to-buy/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Chainlink (LINK) Price Predictions: Is It Time to Buy?</a><br></p>
<p style="text-align: justify">As altcoin losses begin to stabilize, many have turned green, yet the losses have not been fully compensated. <a href="https://en.coin-turk.com/deciphering-bitcoins-halving-cycles-historical-patterns-and-etf-speculation/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a>‘s inability to stay strong above $40,000 is increasing investor anxiety. So, what do the latest predictions tell us about the Chainlink price? Has the time come for investors to buy?</p>
<h2 style="text-align: justify" id="chainlink-link">Chainlink (LINK)</h2>
<p style="text-align: justify">This year, a lot of developments are expected to support the price of <strong>LINK Coin</strong>. The continued growth in the RWA sector, comments by <strong>BlackRock</strong> and others on the tokenization of real-world assets, increasing expectations for the expansion of the LINK staking pool, and the anticipation of increased utility for LINK Coin are at the forefront.</p>
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class=" wp-image-306933 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/01/LINK-Coin-2024-Yorum.png" alt="" width="1202" height="492"></p>
<p style="text-align: justify">Chainlink, which took its partnership with Swift to the next level in October, is already the strongest representative in the RWA category in the crypto initiatives space. Moreover, with CCIP, it has demonstrated its ability to guide institutions in this area. Fundamentally, Chainlink has a very positive outlook because, in addition to all this, there are price catalysts such as halving, interest rate cuts, and the potential of ETFs to attract broader audiences to cryptocurrency.</p>
<h2 style="text-align: justify" id="link-coin-price-prediction">LINK Coin Price Prediction</h2>
<p style="text-align: justify">The cryptocurrency analyst known as Satoshi Flipper expects the LINK Coin price to bounce from the bottom and rise to $19. Crypto Tony shared a similar view. On the other hand, Crypto Moose, who expects a decline, stated that LINK would first drop to $10 or $11, writing:</p>
<blockquote>
 <p>“Don’t be surprised if LINK drops to $10-11. Be prepared for it. I will gladly accumulate at lower prices. Keep going, stay faithful, and hold the course”.</p>
</blockquote>
<p style="text-align: justify">According to Elliot Wave analysis, the three-day chart shows signs of a decline for LINK Coin. The most likely wave count indicates that LINK is in the fourth wave of a five-wave upward movement. If the count is correct, LINK will fall 20% to a key support area of $11.45.</p>
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="wp-image-306934 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/01/LINK-Coin-Fiyat-Grafik-Yorum.png" alt="" width="1201" height="491"></p>
<p style="text-align: justify">However, despite the downward prediction, a close above $17 would indicate that a local bottom has been marked. After that, the price could climb to the next resistance at $19.34. At the time of writing, Bitcoin is at $40,130 and unless it reclaims the $40,400 support, it’s hard to be certain that the downtrend has ended.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/chainlink-link-price-predictions-is-it-time-to-buy/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Chainlink (LINK) Price Predictions: Is It Time to Buy?</a></h5>

Chainlink (LINK) Price Predictions: Is It Time to Buy?

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