($LINK) Chainlink Price Prediction

[rhomelmabini]

What do you think about Chainlink? Do LINK Marines actively getting more from this dip? Does it gonna get that 3 figures alone this year or by the early month of 2022 as other analyst predicted? In my opinion, crypto needs Chainlink and from here on out I guess there's still huge potential investing on LINK. Share your thoughts here.

What Is Chainlink?

Chainlink is a decentralized oracle network that is poised to play an important role in the real-world implementation of blockchain technologies. The purpose of this network is to provide input on a variety of external sources of data.

Although blockchain is great at what it does — providing a decentralized, secure ledger for digital transactions — it isn’t so great at taking input for things happening outside the blockchain. There are many “off-chain” forces that influence markets, including fiat currencies, credit cards and even the weather and sports scores. As a decentralized oracle, Chainlink can provide input to what’s known as smart contracts.

https://finance.yahoo.com/amphtml/news/chainlink-why-important-world-cryptocurrency-180220462.html

[adaseb]

I think many are sour about this coin because it had a top of $50 and then a nasty crash down to like $15 which resulted in huge losses for many. Not too many alts crashed this badly given the high market cap. And I’m surprised that it didn’t break its $50 ATH last month when all the alts were rallying.

Most likely I see it touching $50 again however unless there is more news and development such as like AVAX or SOL then I don’t see it ever reaching something like $75 or $100.

Seems many traded it back in 2020 and sold it at $20 when it peaked in the summer and haven’t looked up. Sure the price is higher but the momentum isn’t there anymore in my opinion.

[rhomelmabini]

But if we think of it for the long term this coin has really have the huge potential. I'm into twitter and I don't think it's being shilled but I guess something is being brewed. Here's a tweet on who recognized Chainlink e.g. AccuWeather, Associated Press, AWS, and World Economic Forum just few huge names using or partnering Chainlink.

Technically, yes, it's likely bad but if we look at it fundamentally it's really not that sounded sour in my opinion. I guess it could touch that ATH again or break it but I really not expecting this year alone for that though.

[GreatArkansas]

For the past few months, there is already a lot of competitors for Chainlink is a decentralized oracle network, especially on different chain networks.
But I do believe chainlink will still grow especially it will support multiple networks.

The best thing to do on Chainlink is to use a higher timeframe and zoom out. I don't see any bear sign for Chainlink. More sideways are still expected for me on Chainlink. Nothing to worry.
$20 is the strong support for Chainlink.

[tbct_mt2]

For the past few months, there is already a lot of competitors for Chainlink is a decentralized oracle network, especially on different chain networks.
But I do believe chainlink will still grow especially it will support multiple networks.

Multiple chains are very good specification of Chainlink that will help the project to get more acceptance by other projects and communities. Multiple chain, cross-chain will be one of hot trends and will be one of things people consider for their investment or deployment of their projects.

The best thing to do on Chainlink is to use a higher timeframe and zoom out. I don't see any bear sign for Chainlink. More sideways are still expected for me on Chainlink. Nothing to worry.
$20 is the strong support for Chainlink.

The Chainlink is on the rally and with altcoin season it will climb up to about $50 at least. I am positive with the altcoin season and the rally for Chainlink. Your analytical insight is nice.

[Ararbermas]

Chainlink still have strong supporter this day wherein despite of the situation, so i do believe this kind of projects will sour above again as long as it still respecting those area where the price always bouncing back and trying to make another higher highs. Indeed year 2021 became a very good year for chain link so perhaps next year there's a big move again..

[Tytanowy Janusz]

I might sound wird for most altcoin traders but did you guys thought whats the true value of Link at this moment? Its just an oracle with very little userbase ... evaluated at 12 bilion $ with lots of competitors. If that was a company listed on nasdaq it had to generate profit at around 400 000 000 mln $ annually. No one will pay that much in 2021 for LINK product. Maybe in 2030. I think that link is superovervaluated. It may flow together with other shitcoin during this bubble. Even reach new ATH, but its should not be considered as long term investment.

[Sirait]

Chainlink still have strong supporter this day wherein despite of the situation, so i do believe this kind of projects will sour above again as long as it still respecting those area where the price always bouncing back and trying to make another higher highs. Indeed year 2021 became a very good year for chain link so perhaps next year there's a big move again..

The great potential of chainlink really cannot be doubted, developer of chainlink is very active. I see the current price is minus 50% since the ATH, I agree with what you said that next year maybe chainlink will make a new ATH.

[Tytanowy Janusz]

The great potential of chainlink really cannot be doubted,

Super high evaluation of 12 billion dollars cannot be doubted. Potential was already doubted by me post above yours. What potential are you talking about? Industry has to grow 10-50 times (few years, maybe decades) to justify current evaluation. During that time Link competitors may overtake it and present even better product. Oracle is not woth 12 billion dollars in 2021.

[tbct_mt2]

Super high evaluation of 12 billion dollars cannot be doubted. Potential was already doubted by me post above yours. What potential are you talking about? Industry has to grow 10-50 times (few years, maybe decades) to justify current evaluation. During that time Link competitors may overtake it and present even better product. Oracle is not woth 12 billion dollars in 2021.

Technology in crypto grows too fast and we can check back to 2013 and 2017. The top altcoins changed all since 2017 and 2018. Only XRP and Ethereum manage to stay in top 10. Dogecoin is a very old altcoin but it is a very rare case with non-special technology but has huge communities and suddenly got support from Elon Musk. Here it goes to top 10 on coinmarketcap recent months.

I believe that in 2024 and 2025, we might see some innovations and weird technology in crypto that will challenge 2021 top altcoins and most of them will fail and fall to low positions on marketcap table.

[Tytanowy Janusz]

Technology in crypto grows too fast and we can check back to 2013 and 2017. The top altcoins changed all since 2017 and 2018. Only XRP and Ethereum manage to stay in top 10. Dogecoin is a very old altcoin but it is a very rare case with non-special technology but has huge communities and suddenly got support from Elon Musk. Here it goes to top 10 on coinmarketcap recent months.

I believe that in 2024 and 2025, we might see some innovations and weird technology in crypto that will challenge 2021 top altcoins and most of them will fail and fall to low positions on marketcap table.

Yea ... Agree.
And thats why investing in startup evaluated at 12 B only because of "developer of chainlink is very active" is not the best idea. Especially at the top of 100x pump. Yea it may do another 10x ... most likely real alt seazon did not start yet ... but if its the end of this bull run ... link may be dead untill next one and better tech with even "more active developer" may take a lead.

[tbct_mt2]

And thats why investing in startup evaluated at 12 B only because of "developer of chainlink is very active" is not the best idea. Especially at the top of 100x pump. Yea it may do another 10x ... most likely real alt seazon did not start yet ... but if its the end of this bull run ... link may be dead untill next one and better tech with even "more active developer" may take a lead.

If I want to invest in Chain Link or Solana, I would like to wait up to 2 more years. It is when I actually do my investment into Link or Solana. Before 2023, if I buy Link or Solana, it is just buying dips only and I don't call it as my investment. Just short term trading.

I agree that it is not safe to invest into any coin that has 100x pump recent months and did not pull back deeply enough.

[Rehan Zakir]

My long term target for chain link coin was 100$. I am very positive for chain link coin. It is a very strong project and it is good for long term investment. Link  coin ATH is near 40$. I think in altcoins season it will break it's all time high record and make a new all time high and move towards the target of 100$.

[rhomelmabini]

My long term target for chain link coin was 100$. I am very positive for chain link coin. It is a very strong project and it is good for long term investment. Link  coin ATH is near 40$. I think in altcoins season it will break it's all time high record and make a new all time high and move towards the target of 100$.

That's the target I'm into as well getting that 3 figures for it but as per the sentiment by other individuals here it's likely cut and most are it on near term. The LINK's ATH was at $50 as per CMC, no wonder it will break but we don't know if it will perform just like what it did in the past but if LINK should break that I think it will still depend on Bitcoin as it follows its trajectory.

[Sweetbtc]

Chainlink is one of best project and i will compare it with Dot. I am very bullish toward both Polkadot amd Chainlink. They gain momentum very slowly buy totally low risk coins and if we apply SIP syrategy here we can make 10x+ in two year without any risk.
My price prediction in 2 years from chainlink is 400$ atleast and i think its not difficult for Link to reach.

[KennyR]

Chainlink is one of best project and i will compare it with Dot. I am very bullish toward both Polkadot amd Chainlink. They gain momentum very slowly buy totally low risk coins and if we apply SIP syrategy here we can make 10x+ in two year without any risk.
My price prediction in 2 years from chainlink is 400$ atleast and i think its not difficult for Link to reach.

I don't go with $400, there is good support which makes me think of reaching $250. These are cryptocurrency that are with good potential. Chainlink having its own blockchain makes it more stronger against more similar projects. For long term chainlink is a good choice. Being the first in the market to allow the integration of off chain data into smart contracts. Creating a poll could help with getting closer prediction of the price.

[peter0425]

This is one coin that i am waiting to increase , Have bought the very Moment being added to our Local exchange and now almost 30% of my Folio has been into Chainlink holding.

From the ATH of 50$ it is really good that now valuing in very discounted manner.

Chainlink is one of best project and i will compare it with Dot. I am very bullish toward both Polkadot amd Chainlink. They gain momentum very slowly buy totally low risk coins and if we apply SIP syrategy here we can make 10x+ in two year without any risk.
My price prediction in 2 years from chainlink is 400$ atleast and i think its not difficult for Link to reach.

These both coins increased almost the same time , but I tend not to invest in Polkadot instead i choose LINK.

[michellee]

Chainlink is one of best project and i will compare it with Dot. I am very bullish toward both Polkadot amd Chainlink. They gain momentum very slowly buy totally low risk coins and if we apply SIP syrategy here we can make 10x+ in two year without any risk.
My price prediction in 2 years from chainlink is 400$ atleast and i think its not difficult for Link to reach.

I don't go with $400, there is good support which makes me think of reaching $250. These are cryptocurrency that are with good potential. Chainlink having its own blockchain makes it more stronger against more similar projects. For long term chainlink is a good choice. Being the first in the market to allow the integration of off chain data into smart contracts. Creating a poll could help with getting closer prediction of the price.

$400 is too high for Link to increase in a short time. Maybe $100 is the next highest target price for Link in a short time. But more than that, it seems difficult to reach. Although I do not have many LINK for now and I do not give a big portion in LINK, I will be happy if LINK can increase more than $50, especially if the price can hit $100.

LINK can increase by more than $100 if the project can give more updates to public and the team can work hard to show that their project is really good and can compete with the other project.

[BaeSuzy]

Depends mostly on success of blockchain and defi in general. If is succeeds on the whole then LINK is well positioned. People who think they are nothing but price feeds are hilarious. I would say 0 or $1k.

[lepbagong]

to be able to reach ATH $ 52.70 - May 10, 2021 by the end of this year it seems unlikely that it will be able to be done, which at this time is also the situation of all coins in a bad position. although there is a slight increase in the probability that there is a surprise with the current price position at $19.19 it is likely to be slightly above the $30 price it is also a fairly good progress.

The link from the start did have a pretty good prospect, but gradually began to decrease with the number of new altcoins that also had good potential so the competition was quite fierce.