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Chainlink Weekly Price Prediction: Can LINK Hit $15?


Chainlink Weekly Price Prediction: Can LINK Hit $15?
May, 07, 2024
1 min read
by Watcher.Guru
Chainlink Weekly Price Prediction: Can LINK Hit $15?

Chainlink, a platform compatible with Ethereum and renowned for facilitating decentralized oracles, has been making significant progress in the cryptocurrency market. Currently, the native asset of the network, LINK, is experiencing a trading range above $14 after being in a downtrend for a short period.

According to the latest data from CoinGecko, LINK is down by 2% in price in the last 24 hours and is trading at $14.30. With the market trading in red, here is our price prediction for LINK for the week.

Also read: How High Can Ripple (XRP) Surge This Week?

LINK has demonstrated remarkable performance throughout this year, positioning itself as one of the top-performing assets. However, in the past 30 days alone, this altcoin has recorded a 19.2% drop in its price. Despite being 73% below its previous all-time high of $52.70, the prospect of it reaching double-digit values is more attainable than ever before.

Cryptocurrency experts at Changelly have given their price prediction for Chainlink LINK for the week. According to the analysts, LINK is forecast to reach a minimum of $14.6 and a maximum of $15.74. Additionally, the average price of LINK is expected to be in the range of $15.1.

Also read: Cryptocurrency: Three Coins That Could Rally In May

Looking further ahead, Changelly’s experts predict that LINK could potentially hit the $25 mark by August 2025. This longer-term projection reflects the growing confidence in Chainlink’s ability to establish itself as a leading decentralized oracle solution and capture a significant share of the market.

However, the market can be quite surprising and could go in either direction depending on the overall market sentiment. Unless Bitcoin gains traction and regains the $70,000 level, LINK is likely to exhibit muted performance.

Also read: Shiba Inu Forecasted To Reach 3 Cents: Here’s When

    Read the article at Watcher.Guru

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    Chainlink Weekly Price Prediction: Can LINK Hit $15?


    Chainlink Weekly Price Prediction: Can LINK Hit $15?
    May, 07, 2024
    1 min read
    by Watcher.Guru
    Chainlink Weekly Price Prediction: Can LINK Hit $15?

    Chainlink, a platform compatible with Ethereum and renowned for facilitating decentralized oracles, has been making significant progress in the cryptocurrency market. Currently, the native asset of the network, LINK, is experiencing a trading range above $14 after being in a downtrend for a short period.

    According to the latest data from CoinGecko, LINK is down by 2% in price in the last 24 hours and is trading at $14.30. With the market trading in red, here is our price prediction for LINK for the week.

    Also read: How High Can Ripple (XRP) Surge This Week?

    LINK has demonstrated remarkable performance throughout this year, positioning itself as one of the top-performing assets. However, in the past 30 days alone, this altcoin has recorded a 19.2% drop in its price. Despite being 73% below its previous all-time high of $52.70, the prospect of it reaching double-digit values is more attainable than ever before.

    Cryptocurrency experts at Changelly have given their price prediction for Chainlink LINK for the week. According to the analysts, LINK is forecast to reach a minimum of $14.6 and a maximum of $15.74. Additionally, the average price of LINK is expected to be in the range of $15.1.

    Also read: Cryptocurrency: Three Coins That Could Rally In May

    Looking further ahead, Changelly’s experts predict that LINK could potentially hit the $25 mark by August 2025. This longer-term projection reflects the growing confidence in Chainlink’s ability to establish itself as a leading decentralized oracle solution and capture a significant share of the market.

    However, the market can be quite surprising and could go in either direction depending on the overall market sentiment. Unless Bitcoin gains traction and regains the $70,000 level, LINK is likely to exhibit muted performance.

    Also read: Shiba Inu Forecasted To Reach 3 Cents: Here’s When

      Read the article at Watcher.Guru

      Read More

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