Chainlink (LINK) Price Prediction - Jan 07, 2025

LINK price is expected to drop by -10.06% in the next 5 days according to our Chainlink price prediction

The price of Chainlink (LINK) is expected to decrease by -10.06% in the next 5 days, reaching a price of $20.95 by Jan 12, 2025, according to our Chainlink price prediction. After losing -10.53% in the last 24 hours, LINK is now trading at $21.46. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -9.84% in the same time period. LINK performed poorly against BTC today and recorded a -5.44% loss against the world’s largest cryptocurrency.

Our Chainlink price prediction is signaling that LINK will reach a price of $20.95 by Jan 12, 2025. This would represent a penurunan harga -10,06% for LINK in the next 5 days.

Chainlink has been displaying a negative trend recently, as the coin lost -16.68% in the last 30-days. The medium-term trend for Chainlink has been bullish, with LINK increasing by 102.33% in the last 3 months. The long-term picture for Chainlink has been positive, as LINK is currently displaying a 50.64% 1-year price change. On this day last year, LINK was trading at $14.25.

Chainlink reached its all-time high price on May 10, 2021, when the price of LINK peaked at $52.89. The current LINK cycle high is at $30.69, while the cycle low is at $4.96. LINK has been displaying high volatility recently – the 1-month volatility of the coin is at 10.94. Chainlink recorded 17 green days in the last 30 days.

The sentiment in the Chainlink markets is currently Neutral, and the Fear & Greed index is reading Extreme Greed. The most important support levels to watch are $23.05, $22.28 and $21.47, while $24.63, $25.44 and $26.22 are the key resistance levels.