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CHAINLINK PRICE PREDICTION 2024-2033: WILL AS TRON ​​G BUY LINK SENTIMENT?

Chainlink Price Prediction 2024-2033

No one knows if and when the crypto winter will end. Some successful strategies can be considered “green shoots” that bring hope to the cryptocurrency industry. According to a report from CoinShares, ETH has recorded inflows for the third consecutive week after 11 consecutive weeks of decline. Don’t be afraid, take a look at our Chainlink price prediction.

How much is a link worth?

Chainlink price today is $17.53, with a 24-hour trading volume of $356,410,249. Chainlink fell 2.59% in the past 24 hours. The current CoinMarketCap ranking is #16 and the current market cap is $10,265,536,437. The circulating supply is 587,099,970 LINK coins and the maximum number of coins is 587,099,970. Supply of 1,000,000,000 LINK coins.

Chainlink price analysis: Link trac17.53 USD is following a downtrend

  • Chainlink price analysis shows a negative trend today
  • Link has fallen 2.59% in the last 24 hours
  • The $18.00 level remains a key resistance for bulls.

April 13, 2024 Chainlink price analysis shows a bearish outlook. The digital asset is trading around $17.53 after reaching a high of $18.00 a few days ago. LINK opened today’s trading at $17.53 but has since been on a downtrend, losing 2.59% in value over the past 24 hours. LINK is trading in negative territory as the bears had the upper hand in today’s trading.

Chainlink price analysis daily chart: LINK downtrend progression amid high trading volume

The 24-hour chart shows LINK finding support near $17.12 and trading above this level. The closest resistance for the bulls lies at the $18.00 level, which has proven to be a tough barrier for the cryptocurrency of late. Today’s daily trading volume is significantly lower as the bears have taken control, and he has seen over $356 million worth of his LINK change hands during this period.

Chainlink price analysis shows that LINK is trading below its 20-day exponential moving average of $17.82 and 50-day EMA of $17.05. The Relative Strength Index (RSI) fell to 42.20, indicating neutral price momentum.  

LINK/USD 24-hour chart, source: TradingView

The MACD indicator lost its positive momentum and fell to 0.352, suggesting that the bears are still in control of the market. The Average True Range (ATR) has also decreased to 0.228, indicating that market volatility is decreasing in the short term.

Chainlink price analysis hourly chart: recent developments and further signs

The hourly chart of LINK shows that the bears are in control and trying to push the price lower. LINK’s nearest support is at $17.12, and the bears could target levels below $17.10. If the price fails to break out above $17.00 in the short term, sellers may try to push the price lower.

LINK/USD 4-hour chart, source: TradingView

The RSI indicator has declined and currently stands at 45.82, suggesting that there has been bearish momentum over the past few hours. The MACD indicator also shows a bearish crossover and is currently at 0.020, indicating that sellers are still in control. The ATR indicator has decreased to 0.236, suggesting that market volatility is decreasing.

What you can expect from Chainlink price analysis

According to Chainlink’s price analysis, if Link fails to break above $17.60, it could face selling pressure soon. The bulls should sustain the rally above this level and move higher for a potential move higher on the link. If LINK fails to close above $17.60, it could quickly return to the $17.12 level.

Chainlink Whales accumulates $112 million in LINK tokens, fueling price growth

Chainlink, one of the leading altcoins in the cryptocurrency market, has made a remarkable comeback after a significant drop. Currently trading at $20.18, the token has experienced a mere 0.6% price increase over the past 24 hours, indicating a positive shift in momentum.

Through 55 different addresses on Binance, this mystery has amassed a staggering amount of 5,587,368 LINK tokens worth approximately $112 million. Other significant LINK accumulations were observed, including multiple withdrawals of 495,057 LINKs worth $7.5 million at an average price of $15.12.

While these individual accumulations are not fully representative of broader trends within the Chainlink ecosystem, data from IntoTheBlock shows that whales have accumulated a total of $176.98 million in the past 24 hours, an increase of 13.44% shows a significant increase in

Chainlink Price Prediction 2024-203 3

Year minimum average maximum
2024 $23.05 $23.77 $26.85
2025 $33.25 $34.20 $40.09
2026 $46.90 $48.26 $56.85
2027 $67.03 $69.44 $81.47
2028 $98.42 $101.89 $116.13
2029 $141.13 $145.21 $170.81
2030 $209.93 $217.20 $242.98
2031 $306.90 $315.59 $360.67
2032 $447.24 $463.02 $534.33
2033 $616.19 $634.71 $772.47
Chainlink price prediction

Chainlink Price Prediction 2024

According to a technical analysis of the expected Chainlink price in 2024, the minimum cost of a link will be $23.05. The maximum level that the LINK price can reach is $26.85. The average transaction price is expected to be around $23.77.

Chainlink Price Prediction 2025

After analyzing Chainlink’s price over the past few years, we assume that LINK’s minimum price in 2025 will be around $33.25. The maximum expected LINK price could be around $40.09. On average, the transaction price in 2025 could be $34.20.

Chainlink Price Prediction 2026

Chainlink’s price is predicted to reach its lowest possible level of $46.90 in 2026. According to our findings, the price of the link can reach the highest possible level of $56.85, with an average predicted price of $48.26.

Chainlink Price Prediction 2027

Based on technical analysis by cryptocurrency experts on Chainlink price, the minimum and maximum prices of LINK in 2027 are expected to be approximately $67.03 and $81.47, respectively. The average expected transaction cost is $69.44.

Chainlink Price Prediction 2028

Experts in the cryptocurrency field have analyzed the price of Chainlink and its fluctuations over the past few years. It is assumed that in 2028, LINK’s minimum price could drop to $98.42 and its maximum price could reach $116.13. On average, the transaction cost will be around $101.89.

Chainlink Price Prediction 2029

Chainlink’s price is predicted to reach its lowest possible level of $141.13 in 2029. According to our findings, the price of the link can reach the highest possible level of $170.81, with an average predicted price of $145.21.

Chainlink Price Prediction 2030

Cryptocurrency experts are constantly analyzing Chainlink fluctuations. Based on their predictions, the estimated average LINK price will be around $217.20. The lowest price could drop to $209.93, but it could still reach $242.98 in 2030.

Chainlink Price Prediction 2031

A detailed technical analysis of LINK’s historical price data predicts Chainlink’s price to reach a low of around $306.90 in 2031. Chainlink’s price can reach up to $360.67 with an average transaction amount of $315.59.

Chainlink Price Prediction 2032

Chainlink’s price is predicted to reach its lowest level of $447.24 in 2032. The average price of Chainlink during 2032 is $463.02, and the maximum level can reach $534.33.

Chainlink Price Prediction 2033

Every year, cryptocurrency experts create price predictions for Chainlink. LINK is estimated that he will trade between $616.19 and $772.47 in 2033. The average annual cost is expected to be approximately $634.71.

Chainlink price prediction by Technewsleader

Chainlink price prediction by Technewsleader estimates that LINK price will experience significant growth. By 2029, annual revenue could reach as low as $37.96 and as high as $95.36. Market analysts say LINK could reach a maximum price of $170.80 over the next 10 years, with a final expected minimum price of $290.26. About the year 2032.

Chainlink price prediction by Coincodex

According to Coincodex’s Chainlink price prediction, the outlook for the cryptocurrency is optimistic. By March 12, 2024, Chainlink is expected to rise by 6.45% and reach $21.46. Current sentiment is bullish, with the Fear & Greed Index at 82 indicating extreme greed. Over the past 30 days, Chainlink30 recorded 15 green days and the price volatility was 4.17%. Based on these indicators, it seems like now is a good time to consider buying Chainlink.

Looking further ahead, long-term forecasts for Chainlink prices from 2025 to 2030 show significant growth potential. By 2025, Chainlink’s annual low price is estimated to be $20.15, and its high price is expected to be $77.71, giving it a potential gain of 289.64% from today’s price if the upper target is reached.

Similarly, the expected price range for 2030 is $44.78 to $95.43, indicating a potential upside of 378.46% from the current price if Chainlink reaches its upper price target. These predictions place Chainlink as an investment option with significant growth opportunities in the coming years, given its role in DeFi and the growing demand for reliable data oracles.

Chainlink price prediction by DigitalCoinprice

Coincodex is another website that has a bullish outlook on LINK’s short-term and long-term prospects. Chainlink price predictions suggest a bullish outlook with significant growth expected. By the end of 2025, Chainlink is predicted to increase by approximately 254.91% and reach a value of $27.67. However, the current Fear and Greed Index reflects extreme fear in the market. The price is expected to rise gradually over the next few years, ending around $16.79 in 2024 and then $19.67 in 2024. By 2032, the price could reach $149.15, indicating long-term optimism.

Chainlink Price Prediction by Market Experts

Prominent crypto trader Michael van de Poppe recently highlighted the possibility of Chainlink (LINK) entering a bullish cycle, citing TronLink’s undervaluation compared to Bitcoin after a sustained sideways move. pointed to strong weekly price movements. Poppe suggests that with signs of a macro reversal in Bitcoin, altcoins like LINK, which were lagging in trading in early 2023, could gain traction. He believes there is a lot of room for exponential growth as valuations remain below historical cycle highs. Specifically, Poppe expects LINK to break out convincingly from current levels within two to three months, and his initial conservative upside price target is around $42. is set to.

Chainlink has shown impressive performance with its price increasing 17.2% over the past 30 days, despite being well below its all-time high of $52.70. suggests a more achievable path to his double-digit value for altcoins. We expect the lowest price in March to be $20.44 and the highest price to be $24.56, with an average price range of $20 to $21.83. Looking further ahead, it is predicted that LINK could reach $42 by October 2025.

Although the market outlook looks positive for Chainlink and other altcoins, it is important to note that they are susceptible to the unpredictability of the crypto market and changes in overall sentiment. With Bitcoin reaching $65,000, further bullish potential is expected in the altcoin sector. Investors must remain vigilant and consider a variety of factors when making investment decisions in this dynamic market environment.

Chainlink price history

Chainlink’s performance so far

Starting with TRON, most digital assets have reached their zenith. Chainlink tokens were no exception. But then the altcoin market plummeted, wiping billions of dollars from the market.

We are currently witnessing a similar situation. Most altcoins are currently between one-half and one-fourth of their all-time highs.

There were not many altcoins. Some altcoins such as Ethereum Price and Chainlink managed to survive the dark moment and their prices started to rise.

2019 was a very important year for Chainlink. Its token LINK showed very impressive performance in the market. This performance has a lot to do with pioneering DApps on the Chainlink network and being listed by several cryptocurrency exchanges such as Bitbox in the previous year.

This helped LINK’s price rise from $0.3 at the beginning of the year to a record $1.13 by May 2019. Oracle Coin breached the ATH twice more in the same year, and on June 24, 2019, LINK price reached a record $4.540. The bull market rally was largely driven by the release of the Chainlink network on the Ethereum main network.

In 2020, Chainlink emerged as the top performer of all cryptocurrencies, outperforming major cryptocurrencies such as Bitcoin and Ethereum for the second consecutive year. The massive spike in Bitcoin prices has a lot to do with the DeFi boom of 2020. Ta.

LINK started trading around $1.70 and rose towards $4.570 in February. LINK remained quiet until mid-July, after which LINK’s price rose towards his new ATH of $8.40. The rise continued, with Chainlink’s digital asset price reaching almost $20, but faced rejection and falling back below $12.

In 2021, the bull market continued as Chainlink price enj, tron ​​bullish activity drove the price from the $12.00 mark to a recent high of $36.00.

Chainlink’s price faced strong ​​resistance at the $36 mark but was unable to break through it and was ultimately rejected from that level. This rejection caused the price to fall to the $23.50 mark before returning to the $30 support level.

The coin then reached an all-time high of $52.88 in May and began to decline from there. The fall in Bitcoin price affected Chainlink until it hit $30.

Chainlink details

What is Chainlink?

Chainlinktrac is known as a decentralized oracle network or blockchain abstraction layer. Chainlink uses blockchain technology to securely enable on-chain and off-chain computations, supporting what are called hybrid smart contracts. trac Companies using Chainlink can use any major blockchain, including Ethereum and Solana. Can access the network.

Uses of Chainlink

Due to Chainlink’s track development method, Chainlink has the potential to fit into every aspect of our lives. Chainlink’s smart contract trac was developed to solve Oracle’s problems. The problem with oracles is that blockchains are disconnected from the outside world.

Smart Trac for Ethereum and other crypto assets, we could only retrieve data already stored on the blockchain. However, non-deterministic data (data outside the blockchain database) could not be obtained. However, the introduction of Chainlink introduced a middleware solution that allows data to be fetched from outside the blockchain database.  

This was achieved by creating a decentralized network of oracles, but what’s interesting here is that the blockchain is completely unaffected.

This groundbreaking development dramatically increases the potential of Chainlink and allows the technology to be applied in the following areas: Use of satellite imagery for intelligence gathering in the military. Start paying insurance claims. International trade; direct trade that eliminates intermediaries for post-trade processing. Pay employees or get paid in real-time for services rendered. Can be used to vote during elections. It can be used for trading on gaming platforms, etc.

Where can I buy Chainlink(LINK)?

To use Chainlink’s Oracle system, you need LINK, Chainlink’s native token, as a means of payment for the service. The Chainlink network is built on the Ethereum network and leverages ERC677, which derives its validity from the ERC 20 token standard and enables token transfers that constitute the data payload.

ERC677 is also used for payments with Chainlink node operators, where buyers pay fees and supply and feed data into the network. Vendors determine the price of their services after bidding.

Many investors are wondering where to buy the Chainlink token. Besides earning Chainlink tokens by participating as an oracle or node operator, you can also get them from cryptocurrency exchanges.

Top crypto exchange platforms such as Binance, Coinbase, and Gemini allow individuals to purchase LINK using fiat currency via credit and debit cards, bank transfers, and more. Securely store his LINK tokens using a hardware wallet.

When did Chainlink reach its all-time high?

With the rise of blockchain technology, Ethereum, the popularity and demand for smart contract technology have skyrocketed. On January 23rd, LINK’s price reached an all-time high of $52.

Chainlink’s price continued its positive momentum, and a short time later it was trading at record levels above $30. On February 14, 2021, LINK peaked at $35.58, an all-time track, but has since declined.

The coin skyrocketed after a small downtrend and once again reached an all-time high, trading at $52.43 on May 10th. This is a new all-time high that Chainlink set in May.

This price increase could not continue. Immediately after that, the price fell to nearly half that amount. Today’s price of Chainlink is just over 25 USD.

What drives the price of a link?

Certain salient factors influence the market value of any cryptocurrency. Such factors include economic news, market sentiment, government regulations, etc. Apart from these popular asset price influencers, we have dented several factors responsible for LINK price fluctuations.

  • Chainlink future development

Chainlink continues to gain significant traction among developers and has completed over 300 integrations with nodes, data providers, DeFi, and blockchain-based projects. To date, LINK’s market capitalization has increased with each Chainlink integration, and continued growth is expected in the future.

The more projects linked to Chainlink, the higher the LINK market price will be, especially if the project is booming with good scalability. In 2021 alone, we achieved over 700 Chainlink partnerships, integrations, and collaborations. In the first quarter of 2022, the project added another 140 units.

  • speculation and interest

Rising LINK prices are often associated with increased interest in the coin or significant developments in DeFi. It is no secret in the crypto market that when institutional investors take notice of an asset, its price increases.

Similarly, speculation plays an important role in the price of any asset. LINK Value reacts to crypto industry rumors, news, and discussions in public columns among miners, investors, and developers.

More importantly, the DeFi migration of centralized financial systems will undoubtedly generate massive speculative interest in blockchain projects like Chainlink.

  • Oracle service features

Smart Trac output is only as good as an external data source. Therefore, if the data source is malicious, the smart contract will track inaccurate results.

Ensuring the validity and accuracy of data sources is one of the major concerns that we address through ChainlinkOracle services. Expanding Chainlink’s functionality could have a significant impact on LINK’s market value, just as Google announced its Chainlink integration in 2019, which significantly increased the coin’s value.

Further integration and real-world applications in the future will affect the price of LINK without defi.

Storage location link

You can use software wallets (MetaMask, Trust Wallet, etc.) or hardware wallets (Ledger, Trezor, etc.). When it comes to using crypto wallets and exchanges to store your coins, crypto wallets are generally preferred. However, these options are a bit cumbersome and come with their risks. For example, if you lose your wallet keys, no one will unlock it for you. However, crypto investors still recommend using these wallets as they have full control over their coins and are less likely to be hacked.

conclusion

In theory, Chainlink will compete against the entire cryptocurrency market as a virtual currency. However, there are only three main competitors to Chainlink as a project: Band Protocol, API3, and WINK link. Connecting other projects is the main feature of Oracle networks like Chainlink and the three networks mentioned above. The most important parameter for them is the number of partners they get to be compatible with each other and with the outside world. Chainlink has 10x more collaborations and integrations than these three companies combined, giving it a significant lead over its rivals. The best.

Long-term price predictions indicate that LINK will likely reach all-time highs as cryptocurrency adoption strengthens in the coming years. However, these are Chainlink price predictions based on detailed analysis and historical data trac and are not investment advice. Please do your research before choosing any investment option.

FAQ

At the moment, the cryptocurrency market is expected to grow over the next few years, and LINK’s price is expected to rise accordingly. However, many factors can lead to an increase or decrease in price. These include advances in technology, changes in market conditions, and the actions of government and regulatory bodies. Therefore, anyone investing in LINK should do so with caution and only after doing their research.

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