Key points:
Current LINK token price: N/A
LINK could hit $60 by the end of 2024.
By 2030, LINK could reach $253.51.
The DeFi market is gearing up for a bull run, and Chainlink is positioned to be one of the leaders. The question is: “How high can LINK go in 2024?”
Current Market Overview: Chainlink (LINK) is currently priced at $10.75, down 2.69%, with a market cap of $6.74 billion. The token’s all-time high was $52.88 on May 10, 2021, and its all-time low was $0.1263 on September 23, 2017.
LINK Price Prediction for October 2024
In October 2024, LINK showed a bullish reversal from $9.58, triggering a breakout. The price is currently facing resistance at $13, but a bullish breakout could take it to $21.69. On the other hand, a bearish reversal could result in a retest around $10.
LINK Price Prediction for 2024
By the end of 2024, LINK has the potential to reach a high of $60, if it breaks above $20, this could unlock further momentum. However, a market correction could push the price back to $8. The expected average price for 2024 is around $34.
LINK Price Prediction for 2025
Looking ahead to 2025, Chainlink’s partnerships and demand for its services could push the price to $103.13. In the event of a market crash, the price could drop to $41.44. If the market remains stable, the average price is expected to hover around $72.28.
LINK Price Prediction (2026–2030)
From 2026 onwards, Chainlink price is predicted to continue to increase steadily. By 2026, LINK could reach a high of $129.2, while in 2027, the price could increase further to $160.37. By 2028, the high could be around $192.89. In 2029, Chainlink price could reach $225.58, and by 2030, it could peak at $253.51.
Market analysis:
Many analysts have made price predictions for LINK, with Coinpedia predicting a potential price of $60 by the end of 2024, depending on market conditions and developments. Chainlink’s long-term prospects look promising, driven by its role in the DeFi space and expanding smart contract usage.
$LINK
